The Limited Liability Partnerships Act 2000 introduces a completely new legal entity into the commercial arena. A hybrid between a company and partnership, it will have a major impact, combining the most valuable aspects of a partnership (particularly the tax treatment) with the most valuable aspects of a company (particularly limited liability for the members), while maintaining sufficient protection for those who deal with the LLP. This work provides practitioners with a complete guide to the new law, including detailed narrative analysis, full text of the new legislation, and full text of legislation relating to LLPs as consolidated by the act - including the Companies Act and Insolvency Act - it is a one-stop reference source. The work contains all relevant consolidated legislation, with accompanying regulations.