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Tips for handling GP partner resignations

Most accountants with GP partnership clients will have noticed a marked increase in GP partner resignations in recent years. Common reasons for this will be retirement, ill health, moving to a new practice or wishing to leave a partnership role, perhaps to work as a salaried GP or locum. Whatever the reason for the decision, there are several key areas which should be considered whenever a GP partner resigns.

Most accountants with GP partnership clients will have noticed a marked increase in GP partner resignations in recent years. Common reasons for this will be retirement, ill health, moving to a new practice or wishing to leave a partnership role, perhaps to work as a salaried GP or locum.  Whatever the reason for the decision, there are several key areas which should be considered whenever a GP partner resigns as detailed below.

The first point of call when a partner resigns should be to check the relevant clauses in the partnership agreement (assuming the practice has a current up to date agreement). Partnership agreements commonly include specific sections for dealing with partner resignations, and should include: