Family businesses have the benefit of a long term view because they understand that the family's future is affected by the success of the business. However, family-owned businesses face unique challenges such as how to successfully manage the transition of ownership and management from generation to generation.
The success of a family business depends upon its ability to manage these challenges and make the most of the opportunities presented by its unique characteristics. We help family businesses facing issues like these to deal with what can, at times, seem to the family to be insurmountable challenges.
We work with family-owned businesses and individuals to find a path through the emotional and family bonds to find the right legal, commercial and family solution to the issue. We recognise that the emotional aspects of the relationship need to be acknowledged and addressed as part of any legal or commercial solution.
We have a unique Family Business team which draws specialist lawyers from across a variety of legal disciplines into one team, and is dedicated to providing family business centred advice. The challenges are clearly complex. We work very closely with other specialist advisers such as family business consultants and accountants to make sure the solution works from every perspective.
Our Family Business Matters newsletter is designed especially for our family business clients and contacts. Our digital newsletter, Family Business Law Brief, provides you with regular updates on the latest legal topics.
Our aim is to keep you updated on current developments, both legal and otherwise, which affect family businesses and we welcome your suggestions on any topics that you would like us to cover in future editions.
If you would like to receive a copy of our newsletter, please visit the subscribe to our newsletters section at the top of the page.
We provide a national service to family business clients via our offices in London, Watford, Bristol and Birmingham. Our family business lawyers also have the benefit of support from the firm's specialist sectors and services, offering a comprehensive range of legal services to family-owned businesses.
They understood how to balance the need to deliver a result with the need to keep family members on board.