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expertise: Partners & LLP Members

Managing Partner Performance: The One With the Underperforming Law Firm – Ten-Minute Talk

March 24th, 2025 by Stuart Smith

In this first video in a series focusing on the key issues surrounding partner performance in law firms, Managing Partner Clare Murray and Partner Corinne Staves are joined by special guests Nick Jarrett-Kerr and Jonathan Middleburgh from leading law firm consultancy, Edge International, and authors of the book Managing Partner Performance: Strategies for Transforming Underperforming Partners. In this […]

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Justifying Mandatory Retirement Ages in Professional Partnerships – Show Me The Evidence!

March 19th, 2025 by Stuart Smith

The recent Employment Tribunal decision in Scott v Walker Morris LLP, whilst not a binding authority, provides an interesting illustration of how an employment tribunal will deconstruct the purported legitimate aims and proportionality of a firm’s mandatory retirement policy for partners, and closely scrutinise whether there is adequate evidence to support the firm’s justification. In that […]

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HMRC to reverse its changes to the guidance on the LLP salaried members rules

February 25th, 2025 by Stuart Smith

In February 2024, HMRC changed its guidance on the salaried members rules. This called into question the reliance being placed by many LLPs on their members contributing capital in excess of 25% of an LLP member’s ‘fixed’ compensation. Our 2024 bulletin explains the previous concerns. The Chartered Institute of Taxation (CIOT) has been in correspondence with HMRC […]

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Rewarding the Right Behaviours Through Effective Partner Performance and Remuneration Systems

November 19th, 2024 by Stuart Smith

In this article, first published by Law360, Partners Andrew Pavlovic and Corinne Staves discuss the challenges law firms face in determining partner remuneration amid heightened regulatory scrutiny on workplace culture. Many law firms are now in the process of finalising their annual accounts ahead of the January 31 2025 deadline, meaning that tricky decisions around partner […]

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Autumn Budget 2024: Key Changes Impacting Professional Services Businesses and Their Partners

October 31st, 2024 by Stuart Smith

The much anticipated Autumn Budget 2024, delivered by the UK’s first female Chancellor, Rachel Reeves MP, brings significant changes that will impact professional services businesses across the UK. Here are the key highlights relevant to your firm and its partners: Increased Employers’ National Insurance Contributions (NICs): The planned increase in NICs by 1.2% to 15%, […]

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Non-Poaching Restrictions in Employment

October 8th, 2024 by Stuart Smith

When can a business prevent its former employees from soliciting or enticing away its staff? And can it stop them from employing their former colleagues regardless of who made the first approach? In the third part of our series on restrictive covenants and other forms of business protection, Partner David Fisher looks at the enforceability and scope […]

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How Do You Attract and Retain ‘High Flyer’ Partners? – PPA Webinar Recording

September 20th, 2024 by Stuart Smith

We are delighted to share with you the recording of our recent webinar, ‘How Do You Attract and Retain ‘High Flyer’ Partners?’, in which partnership specialists discuss navigating the recruitment process for high flyers and important issues facing such decision making within professional practice firms.  In this recording, Chair Corinne Staves (Partner, CM Murray LLP), Dr Robert Millard (Cambridge […]

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Navigating the Complexities of Partner Remuneration: Part 1

September 12th, 2024 by Stuart Smith

In this first of a two-part video series focusing on law firm partner remuneration and profit sharing systems, Clare Murray (Managing Partner, CM Murray LLP), David Shufflebotham (Founder, Pep Up Consulting), and Corinne Staves (Partner, CM Murray LLP) discuss the following: What are the principal challenges and notable differences in partner remuneration systems between large international firms and small to medium-sized […]

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Team Moves: Some Practical Views

August 19th, 2024 by Stuart Smith

Acquiring a team from a competitor can be a fast way for a business to develop and grow, but there are lots of pitfalls for the unwary. In this short video recording, our Managing Partner Clare Murray and Partner David Fisher explore: What a team move is and why they happen The risks and potential liabilities for the team members […]

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Managing Partner Performance in Professional Services Firms, Evaluating Contribution and Using Partner Processes to Drive Your Firm’s Strategy: PPA Webinar Recording

August 9th, 2024 by Stuart Smith

  We are delighted to share with you the recording of our recent webinar, ‘Managing Partner Performance in Professional Services Firms, Evaluating Contribution and Using Partner Processes to Drive Your Firm’s Strategy’, in which partnership and regulatory law specialists discuss how to manage successfully partner promotion and remuneration processes within professional services firms. Jeremy Callman, Barrister at Ten Old […]

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