Legal Definitions - partnership at will

A partnershipat will is a type of partnership where any partner can dissolve the partnership at any time without incurring liability. This means that the partnership does not have a specific duration or end date, and can be dissolved by any partner at any time.

For example, if two friends decide to start a business together and form a partnership at will, either friend can decide to end the partnership at any time without facing any legal consequences.

This type of partnership is different from a partnership for a term, which has a specific duration or end date. In a partnership for a term, a partner who ends the partnership before the specified end date may be held liable for breaching the partnership agreement.