If any partners thought they could breathe easy after the introduction of limited liability partner-ships (LLPs), further inspection of the implications of LLPs has undoubtedly made them think again.

Despite the moniker, LLPs are a double-edged sword for partners in some respects. While they protect partners from joint and several liability arising from the catastrophic errors of their colleagues, if that unlucky partner is you, then you really are on your own.