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For small law firms, this can jeopardize the existence of the firm. By law, the death of a partner would automatically end a partnership. Therefore, if you look at a partnership agreement between two companies or a partnership between individual people, there will be a clause that will prevent it. If a partner decides to voluntarily leave the company, there must be arrangements to deal with this situation. 5.B the inclusion of new equity partners; Capital deposits. The Board of Directors shall determine the number of points to be awarded to this new equity partner, the initial capital contribution to be made by this new equity partner and the terms of this payment. The Board of Directors recommends to the equity partners a new equity partner.