Discover
CM Murray LLP - Employment, Partnership and Regulatory Law
CM Murray LLP - Employment, Partnership and Regulatory Law
Author: CM Murray LLP
Subscribed: 52Played: 557Subscribe
Share
© All rights reserved
Description
Welcome to the CM Murray LLP podcast channel where we discuss a wide range of topical issues in relation to partnership and employment law.
CM Murray LLP is a leading partnership, employment and regulatory law firm based in London.
We advise US and UK law firms and partners, hedge fund and investment management partners, US and other multi-national employers, senior executives and founders on a range of UK partnership and employment law issues.
CM Murray LLP is a leading partnership, employment and regulatory law firm based in London.
We advise US and UK law firms and partners, hedge fund and investment management partners, US and other multi-national employers, senior executives and founders on a range of UK partnership and employment law issues.
155 Episodes
Reverse
In this episode, Partner Emma Bartlett and Associate Solicitor Mitchell Blythe are joined by Izabella Malewska, the actor portraying Grazyna “the Tramp” Jarzynowska a rising MMA fighter in the upcoming feature film Tramp. The film dives deep into identity, motherhood, physical transformation, and the realities of navigating combat sports as a woman under intense public scrutiny.
Together, they discuss:
• The story behind Tramp - how the film interweaves the stark physical world of MMA with the intimate realities of motherhood, vulnerability and survival, and why these two worlds share more parallels than people might think.
• Izabella's journey into the role, including her rapid‑fire MMA training, learning from world‑class fighters Ruth “Ruthless” Nelson and Ruqsana Begum and the emotional challenge of portraying a young mother facing judgement, exhaustion and grit.
• Representation, identity and visibility, including the importance of showcasing a Polish female lead in combat sports and how cultural identity shaped Izabella's performance.
• Training with real fighters, and how working alongside multiple‑time world champions brought authenticity, camaraderie and unexpected emotional depth to the fight sequences.
• The evolution of women’s participation in sport, from wider representation in fitness and advertising to increased inclusivity for different cultures, body types, and life stages — including motherhood.
• The pressures female athletes face, from social media trolling to expectations around body image, recovery after childbirth and the emotional labour that often remains unseen.
• Role models and personality in women’s sport, and why showcasing authenticity, humour and humanity - not just performance - is crucial for inspiring the next generation.
• What Izabella hopes audiences take away, particularly the message that motherhood and ambition need not be mutually exclusive: “You can have your cake and eat it.
In this discussion focusing on global legal expansion, special guest Robert C. Bata, Founder and Principal of Warwick Place Legal, joins CM Murray LLP Partners Corinne Staves and Zulon Begum to explore what drove global expansion in 2025, the challenges, lessons learned and what law firms should expect in 2026 and beyond.
In particular, Corinne, Zulon and Robert discuss:
Global Expansion Trends in 2025:
- Middle East and Latin America emerged as major growth hotspots.
- Disputes work fuelled much of the international expansion.
- Firms focused on domestic consolidation before going cross‑border.
What Enables a Successful Expansion or Merger?
- Clear strategic purpose and partner alignment.
- Early preparation on governance, liabilities and due‑diligence issues.
- Upfront planning for tax and regulatory hurdles.
Cultural and Remuneration Compatibility:
- Culture = collaboration and integration, not “nice chemistry.”
- Remuneration models must align or be phased carefully.
- Headline PEP isn’t the real story; long‑term value is.
Beyond Full Merger: Alliances & Other Models:
- Alliances can work, but only with strong quality control.
- Networks offer reach, not integration.
- Verein models remain useful but face growing pressure to evolve as firms seek deeper integration.
Outlook for 2026 and Beyond:
- Expect continued expansion into the Gulf and Latin America.
- More UK-US merger interest on both sides.
- Realignment in Asia, with shifts away from China.
- Greater pressure for deeper financial integration globally.
If you have any questions arising from this recording, or would like to discuss international expansion in more detail, please contact Partners Corinne Staves and Zulon Begum of CM Murray LLP or Robert C. Bata of Warwick Place Legal.
Robert C. Bata is the Founder and Principal of WarwickPlace Legal, LLC, a consultancy specialising in cross‑border expansion strategies for leading law firms. With over thirty years’ experience as an international M&A lawyer at various international law firms, he has founded and led offices across London, Europe and China. His deep understanding of global legal markets, coupled with senior leadership roles and extensive industry engagement, gives him unparalleled insight into the commercial, cultural and political dynamics shaping successful international growth.
Corinne Staves is ranked as a “Star Individual” by Chambers and Partners UK 2026 for Partnership: Non-contentious: “One of the absolute leaders in the field on both contentious and non-contentious matters, regulatory and litigation.”
Zulon Begum is ranked Band 1 by Chambers and Partners UK 2026 for Partnership: Non-contentious: “Zulon is extremely responsive and has a solid handle on the challenges of pressure and in the regulatory environment that we have been dealing with.” ”She is calm and confident and gives the sense and feeling of really knowing the topic and the market, which is very important.”
CM Murray LLP is ranked Tier 1 for Partnership by Legal 500 2026: “This practice is unique due to its very specific focus on partnership matters and related transactions.”
In this Women in Sport podcast, Ruth Nelson, Emma and Mitchell discuss:
Ruth’s remarkable path into combat sports, from taking up kickboxing as a young mother to becoming one of Britain’s most formidable female fighters.
The evolution of women’s participation in combat sports, including the growing visibility of female athletes and the influence of icons such as Ronda Rousey.
The realities of competing at elite level while working full‑time, challenging traditional ideas of what it means to be a “professional athlete”.
Ruth's experience training with male‑dominated MMA environments, building confidence, and forming lasting relationships within the martial arts community.
The importance of representation and role models, including the impact of Ruth’s own achievements on younger athletes — and even her own son, who later competed for Team GB.
Barriers faced by women in combat sports, from gender bias and under‑recognition to physiological challenges such as training and competing while managing the menstrual cycle.
Ruth's involvement in the feature film Tramp, portraying a fighter navigating motherhood, physical change and resilience — and how the story reflects the real lived experiences of many women in sport.
In this next episode of #SRA4HR, Managing Partner Clare Murray and regulatory/professional discipline Partner Andrew Pavlovic discuss the SRA’s focus on internal investigations, including:
- Why the SRA care about them
- The consequences for individuals (including HR professionals) and firms for failing to investigate matters or investigating them inadequately
- The choice of investigator and how this interacts with SRA Principle 3 – the obligation to act with independence
- Self-reporting – at what point during the firm’s investigative process does the SRA need to be notified
- Disciplinary outcomes – what are the key considerations from a regulatory perspective and what needs to be reported to the SRA at the conclusion of the firm’s process
- SRA investigations – what happens during the course of an SRA investigation and how HR can support individuals throughout this process
If you are a law firm HR professional and have any questions arising from this recording, or would like to discuss further, please contact Partners Andrew Pavlovic or Clare Murray.
In this audio recording of the webinar recording, Corinne Staves (Partner at CM Murray LLP), David Shufflebotham (Founder at PepUp Consulting) and Zulon Begum (Partner at CM Murray LLP) join webinar chair Rob Millard PhD (Director at Cambridge Strategy Group) to discuss how AI is redefining partner roles and governance models and how it demands new approaches to talent development, retention and succession. In particular, the panel discuss:
AI’s Impact on Legal Careers: How is AI changing workflows and career paths for legal professionals at all levels?
Skills for the Future: Are your teams developing the emotional intelligence, adaptability, digital literacy, entrepreneurial thinking and evaluative judgement needed to succeed?
Training and Leadership: Is your firm’s approach to training and mentorship keeping pace with rapid technological change?
Succession Planning Pressures: Firms must maintain strong talent pipelines and adapt culturally as AI, private equity and partner mobility reshape the landscape.
Evolving Partnership Structures: The fixed share and equity partnership landscape is shifting, requiring new strategies for performance, evaluation and recruitment. PE investment is also a key driver for the adoption of technological solutions.
Regulatory and Ethical Challenges: Are you addressing bias in AI-driven decisions and ensuring client service, confidentiality and fair recruitment and promotion? Are regulators ensuring regulation keeps pace with technological advancements?
Retirement and Partner Exits: AI is influencing attitudes towards retirement; how proactive is your firm in assessing valuable partner performance/contribution in an evolving market and supporting transitions and succession?
Strategic Agility: Law firms need to be forward-looking and agile, investing in continuous development of people and processes to thrive in a changing market.
We are delighted to share the tenth episode of our Women in Sport Podcast, where we discuss developments, initiatives, and issues relating to women in sports and the associated legal implications.
In this episode, Partner Emma Bartlett and Associate Solicitor Mitchell Blythe are joined by a special guest, former England and Harlequins rugby player, Shaunagh Brown to discuss the following:
1. Shaunagh’s sporting journey, from representing England in the hammer throw in the 2014 Commonwealth Games to representing England in the Rugby World Cup Final against New Zealand in 2021.
2. The recent Red Roses historic victory over Canada in the Rugby World Cup Final 2025 at the Allianz Stadium.
3. Being called to Parliament in 2023 to give evidence to the Women & Equalities Committee on sexism in sport.
4. The importance of visibility and role models in sport.
5. The future of women’s rugby and we name our stand-out superstars from the Rugby World Cup 2025.
Following the 6th IFSEA International Conference on Executive & Founder Issues in June 2025, we are delighted to share with you a follow up podcast on the session, ‘Navigating Reverse Discrimination: Addressing Concerns of Those Who Feel Diversity Targets are Working Against Them’. Listen to the recording here and see below for further details.
In this brilliant episode, the IFSEA annual conference panellists examine the legal frameworks, workplace practices and cultural contexts that shape evolving debates around equality and inclusion in the UK, Sweden and the US. This is essential listening for senior executives and founders seeking to lead inclusively while mitigating legal and reputational risk.
- Carl-Frederik Hedenström, CFH Law (Sweden) (Chair)
- Claire Dawson, BDBF (UK)
- Camille Olson, Seyfarth Shaw (Chicago & California, USA)
In particular, the panel discuss:
- What can we understand reverse discrimination to mean?
- Different jurisdictional approaches to positive action and affirmative action
- The ways in which particular contexts, such as political shifts and systemic bias, can influence leadership and employer policies and best practice
- How do these conversations underscore the tension between equality of treatment and actual equity in recruitment and representation?
- The importance of balancing legal compliance with cultural and reputational considerations
We also thank Regan O’Driscoll of Simmons & Simmons LLP (Ireland), who was unable to join the podcast, but attended as a panellist on the day of the conference and provided excellent insights.
Anonymity in workplace investigations is a double-edged sword: it can protect whistleblowers but also complicate investigations and fairness. In the recording of our recent IFSEA webinar, we were joined by:
- Rachida el Johari, Sagiure Legal, Amsterdam
- Mathilde Houet Weil, Weil & Associés, Paris
- Colleen Cleary, Simmons & Simmons, Dublin
- Andrew Pavlovic, CM Murray LLP, London
- Emma Bartlett, CM Murray LLP, London (Chair)
The key highlights covered in this webinar include:
Jurisdictional Differences:
- In Ireland, anonymous complaints may not require action, risking procedural issues.
- In France, anonymous statements are allowed but must be supported by other evidence; cultural sensitivities are significant.
- In the UK, anonymous complaints are accepted if detailed, but pose evidentiary challenges.
The Netherlands emphasises fair trial rights, making anonymous reporting complex.
Investigator & Regulator Challenges:
- Anonymous reports protect identities but make evidence gathering and transparency harder. Regulators like the SRA and BSB struggle to act on such complaints.
Practical Guidance:
- Investigators should build trust, follow clear protocols, and explain the process to all parties. Policies should discourage anonymity where possible, ensuring fair hearings and due process.
Bystander Role:
- Employees must be empowered to report misconduct, with clear escalation routes and cultural support.
- Organisations should review their investigation policies to balance confidentiality, fairness, and legal compliance.
If you have any questions relating to this recording or if you would like discuss work place investigations in further detail, please contact Partners Emma Bartlett or Andrew Pavlovic.
In the third and final episode of our podcast series with Emily Kaufer, Senior Director of Human Rights and Harassment at Air Canada, Emma Bartlett, Partner, and Gabrielle Lintott, Senior Associate, at CM Murray LLP, discuss some of the reputational issues at play when it comes to workplace investigations.
In this recording, Emma, Gabrielle and Emily discuss reputational issues in the context of investigations, including cross-border investigations, with a particular focus on:
The potential detrimental impacts on reputation where an organisation fails to respond to allegations of inappropriate workplace conduct or carry out a poorly managed investigation
Strategies for addressing and minimising reputational issues and risk
Risk management verses crisis management, and dealing with the fallout of an improper investigation and threats to reputation
The intricacies of cross border investigations and how cultural considerations might play a role in an investigation process
Listen to the previous episodes in the series below:
Bias in Workplace Investigations
Domestic Violence and Sexual Harassment Related Investigations
If you have any questions regarding this discussion or require advice regarding workplace investigations, please do not hesitate to contact Partner Emma Bartlett, Senior Associate Gabrielle Lintott, or another member of our Investigations Unit.
CM Murray LLP is a leading specialist employment, partnership and regulatory law firm. We are ranked Tier 1 and Band 1 in Legal 500 and Chambers and Partners for Partnership Law and Senior Executives and are recognised as having "a truly exceptional culture. The overwhelming sense that you are in hands of superb experts who are highly compassionate and understand the unique pressures their client has." (Legal 500 UK, 2026).
Legal 500 UK 2026 ranks Partner Emma Bartlett as a Leading Partner in the field of Senior Executives: "Emma has deep experience in negotiation and is a trusted advisor and defender of the rights of her clients. It is her personal and professional character that stands out as distinctive qualities."
Legal 500 UK 2026 recognises Senior Associate Gabrielle Lintott as a Key Lawyer in the field of Employment - Employers: "Gabrielle Lintott is a joy to work with - her instructions are fastidiously prepared and get to the crux of a dispute. She is extremely responsive and hardworking and a real up and coming name in the field."
We are delighted to share with you the recording of our recent webinar, Professional Services in the Age of AI: Regulation, Strategy, and Real-World Impact.
In this discussion, Anthony Davis (FisherBroyles), Devika Kewalramani, (FisherBroyles), Dr Robert Millard (Cambridge Strategy Group), David Shufflebotham (PepUp Consulting) and Nick Leale (CM Murray LLP) join chair Corinne Staves (CM Murray LLP) to explore the impact of technology on professional services firms, with a particular focus on regulation.
Topics covered include:
- How is technology reshaping professional services firms? From AI-powered research and disclosure tools to virtual client engagement, technology is now embedded in every aspect of firm strategy and operations.
- What are the implications for structure, pricing, and regulation? AI is driving a shift away from traditional leverage models, elevating the role of technologists and challenging the billable hour. Value-based pricing is gaining ground and firms must rethink how they assess and compensate their partners.
- What regulatory and ethical risks must firms manage? Competence, confidentiality, and supervision remain central. Firms must develop clear AI policies, invest in training and maintain strong oversight - particularly as regulatory scrutiny increases.
- What practical steps should firms take now? Define your AI business case, benchmark tools, train your teams, and document compliance. The next generation of lawyers is already embracing AI - leaders must act now to stay ahead.
This summary was drafted using Microsoft Copilot, as part of our ongoing exploration of how AI can support and enhance professional services.
If you would like to discuss any aspect of AI in relation to your firm, or if you have any specific questions arising from this discussion, please contact Partner and non-contentious partnership specialist Corinne Staves, or Partner and leading regulatory law specialist Nick Leale.
For example, CM Murray LLP can assist firms with reviewing their HR, risk management and other policies and/or their terms of business, on changes to governance and compensation systems for partners as a result of the increased adoption of technology and the regulatory implications of the use AI and technology in client service.
Following the 6th IFSEA International Conference on Executive & Founder Issues in June 2025, we are delighted to share with you a follow up podcast on the session, ‘Shielding Your Team: Enhancing Safety and Security in the Modern Workplace’. Watch the video, listen to the recording or read the transcript.
In this engaging discussion, the panellists revisit key themes from their session at this year’s IFSEA conference - identifying risks to employee wellbeing, exploring preventative strategies, and considering how organisations can respond effectively when harm occurs.
- Suzanne McKie KC, Farore Law (UK)
- Andre Royer, Borden Ladner Gervais LLP (Canada)
- Anne Davies, Richardson Lissack (UK)
- David Fisher, CM Murray LLP (UK) (Chair)
In particular, the panel discuss:
- Understanding the organisational impact of personality-affecting disabilities and how adverse behaviour can affect team dynamics and wellbeing
- Approaches in the private sector in Canada that are shifting perceptions of mental health
- Lessons from workplace tragedy linked to excessive pressure and how leadership can respond to prevent future incidents
- Exploring the legal avenues available to employers - including injunctions - when addressing serious misconduct in the workplace
Following the 6th IFSEA International Conference on Executive & Founder Issues in June 2025, we are delighted to share with you a follow up podcast on the session, ‘Breaking the Silence: “Everyone knew but no one did anything” – Tackling Workplace Harassment and Bullying, and Ineffective Regulation’. Watch the video, listen to the recording or read the transcript.
In this excellent discussion, the IFSEA annual conference panellists examine employer obligations regarding workplace harassment and bullying, as well as the key issues around addressing – and failing to address – misconduct.
- Chair: Beth Hale,CM Murray LLP (UK)
- Andrew Pavlovic, CM Murray LLP (UK)
- Nick Vamos, Peters & Peters (UK)
- Mathilde Houet-Weil, Weil et Associes (France)
- Lori L. Deem, Hughes Socol Piers Resnick & Dym, Ltd (Chicago, USA)
In particular, the panel discuss:
- What responsibilities are placed on the employer in the UK, France and the US?
- When does inaction bear regulatory and/or criminal consequences?
- The ethical and legal implications of using NDAs to conceal repeated wrongdoing.
- Current practices aimed at preventing the hiring of the rolling bad apple.
- How can senior leaders, regulators and governments do better?
Following the 6th IFSEA International Conference on Executive & Founder Issues in June 2025, we are delighted to share with you a follow up podcast for the session ‘Leading Through Strikes: Executive Strategies for Union Engagement’. Watch the video or listen to the recording here.
In this brilliant discussion, the IFSEA annual conference panellists explore important multijurisdictional issues for executives to understand in a strike situation or labour conflict.
- Jonathan Tuck, Baker McKenzie (UK)
- Carlos Pareja Frade, Augusta (Spain)
- Jennifer Platzkere Snyder, Dilworth Paxson (Philadelphia/NY, USA)
- Chair: Danny Kaufer, Borden Ladner Gervais LLP (Montréal, Canada)
In particular, the panel discuss:
- The differences in frameworks for union formation and industrial action.
- How are trade unions changing and what are the implications for executive strategies during labour conflicts?
- The boundaries of lawful executive conduct during strikes and the consequences of non-compliance.
In this fifth video in our series focusing on Private Equity investment in professional services firms, Partner Zulon Begum is joined by special guest Claire Watkins, Partner and Head of the Professional Practices Group at Buzzacott LLP, to discuss the key financial and operational considerations that firms should be thinking about when contemplating PE investment for their firm.
As part of this series, we will be recording a special episode dedicated to answering FAQs about PE investment. If you have any specific questions you would like us to cover, please email them to us via zulon.begum@cm-murray.com.
In this video, Zulon and Claire discuss:
- Which sectors are attracting the most PE interest currently? While accountancy practices are leading, law firms are showing early-stage activity, in particular, smaller firms and boutique practices
- What makes accountancy firms so appealing to PE investors? Recurring revenue and regulation-driven services, plus scalable models and predictable income streams are key draws
- What opportunities exist for law firms? Scaling up individual firms, funding expansion into new markets and enabling exit strategies for founding partners
- How can PE investment support tech and efficiency gains: Enabling scale-up of technology and AI, as well as streamlining volume transactional services
- What are the challenges in attracting PE? Law firms may be less prepared for PE investment; financial management and growth planning metrics may need improvement; cultural resistance to reduced autonomy and sometimes less mature governance and performance management in comparison to accountancy firms
- What cultural and operational shifts come with PE investment? The move from consensus-based decision-making to performance-driven practices with set KPIs and targets, plus increased pressure on partner autonomy. Positive impacts include better pricing, development of talent and adoption of technology
If you would like to discuss any aspect of private equity investment in relation to your firm, or if you have any questions arising from this recording, please contact Partner Zulon Begum.
In this fourth recording in our series focusing on Private Equity investment in professional services firms, Partners Zulon Begum, Corinne Staves and Nick Leale discuss the key regulatory considerations that firms should be thinking about when contemplating PE investment for their firm.
In this video, Zulon, Corinne and Nick discuss:
- How does PE investment reshape law firm ownership? ABS structures are essential, enabling non-lawyer ownership—but they come with increased regulatory scrutiny and risk
- What are the key regulatory risks in PE transactions? Post-Axiom, the SRA is laser-focused on client consent, money handling and due diligence to avoid intervention
- The impact on a firm's growth strategy: Regulatory complexities may lead to cost and delay, but should not halt the ambitions of a firm or its PE investors. With evolving SRA expectations around acquisitions and client money, firms must plan ahead
- How does PE impact firm culture and ethics? Value-driven strategies may put pressure on partners and senior management - potentially increasing the risk of burnout, misconduct or ethical compromise
- What role do PE investors play in compliance? The importance of appointing board members with a deep understanding of the legal sector and regulatory environment, enabling effective participation in firm governance and to support robust compliance systems
- How are conflicts and confidentiality managed? PE-backed firms must prevent conflicts with investors and between portfolio firms - strong protocols are essential
- Is EDI at risk, or can PE drive progress? The SRA demands an inclusive, discrimination-free workplace that promotes fairness and diversity. PE investors can encourage integration of EDI initiatives into business strategies and cultural practices
- What are the ongoing compliance obligations post-investment? Serious breaches must be reported promptly and compliance must be embedded in a firm's senior leadership and supported by regular training
- What does the future hold for regulation? New guidance on client money management is expected, following the Axiom-Ince consultation and increased scrutiny on mergers, acquisitions and external investments, emphasising the balance between regulatory enforcement and efficiency
If you would like to discuss any aspect of private equity investment in relation to your firm, or if you have any questions arising from this recording, please contact Partners Zulon Begum, Corinne Staves or Nick Leale.
In this Ten-Minute Talk, Senior Partner Sarah Chilton and Senior Associate Wonu Sanda discuss mandatory retirement ages (MRAs) in partnerships and takeaways from the Scott v Walker Morris LLP case that has reignited interest in this topic.
If you are a partner facing a mandatory retirement policy or a firm leader wanting a quick overview of this area, this is a must listen. Key discussion points from this Ten-Minute Talk include:
- What are the MRA trends we are seeing in firms?
- Can firms really force partners to retire and can a partner challenge an MRA?
- How to determine if an MRA crosses the line into discrimination
- What evidence is needed to justify an MRA and lessons from the Walker Morris LLP case.
- Are there better alternatives to MRAs and do they carry the same discrimination risks?
- Practical strategies for partners and partnerships navigating this complex issue.
If you would like to discuss any aspect of mandatory retirement, or if you have any questions arising from this recording, please contact Senior Partner Sarah Chilton, Senior Associate Wonu Sanda or Managing Partner Clare Murray.
In this second in our series focusing on the key issues surrounding partner performance in law firms, Partners Zulon Begum and David Fisher 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 recording, The One With the Squabbling Partners, Zulon, David, Nick and Jonathan discuss:
- Why do partner conflicts really happen? Often disputes stem from more than just a clash of personalities; leadership transitions, strategic shifts and remuneration changes can all play a role
- The early, and sometimes subtle, warning signs of tension to look out for
- The impact on firm culture - leading to associate dissatisfaction, reduced engagement and sometimes partner exits
- Financial performance isn't the only metric to measure - low morale and ineffective governance can have undermine long-term success
- The importance of open conversations, 360-feedback and mentoring in addressing issues before they escalate
- Managing partner exits carefully to avoid legal and reputational risks - the importance of clear policies and procedures
- Preventative measures: Establishing a strong firm culture, partner behaviour frameworks, clear governance structures and open communication are key
- The crucial role of leadership in modelling behaviour, setting culture and fostering openness to feedback within the firm
In the next episode of our regulatory podcast ReguLaw, Partner and Regulatory specialist, Andrew Pavlovic, and Associate, Liz Pearson are joined by Adam Sher of Fountain Court Chambers. Adam has a broad commercial practice, but has a particular interest in all aspects of legal professional privilege. Adam has been involved in a number of important decisions in this area and frequently speaks and writes on the topic.
In this episode Andrew, Liz and Adam discuss:
- The concept of legal privilege and how it arises in SRA investigations, including by reference to the SDT case of Joel Woolf.
- The SRA’s contention that it can compel the production of privileged correspondence between a solicitor under investigation and his/her client.
- The bases for the SRA’s contentions and whether they stand up to scrutiny, including by reference to the case of the Financial Reporting Council v Sports Direct International plc.
- How firms/individuals are currently dealing with this issue in practice.
- A call to arms for a test case so the SRA’s position can be subject to further scrutiny.
We hope you enjoyed this episode of ReguLaw. If you have any questions or would like to feature as a special guest in a future episode, please get in touch with Partner Andrew Pavlovic.
In this third discussion in our series focusing on Private Equity investment in professional services firms, Managing Partner Clare Murray and Partners Corinne Staves and Zulon Begum discuss the key considerations in relation to governance that firms should be thinking about when contemplating PE investment for their firm.
In this discussion, Clare, Corinne and Zulon cover:
- Current law firm governance structures: What are typical governance models? Smaller firms tend to rely on partner consensus, while larger firms typically delegate authority to management or executive board. Fundamental decisions - such as mergers, capital events and partner admissions/exits - usually remain subject to partner approval.
- The governance changes introduced by PE investment: What specific governance changes might PE investors expect?
- Cultural impact and partner dynamics: Is your firm culturally ready to shift from an owner-manger model to accept investor involvement? What challenges can arise from unanimity clauses, and how can leadership manage the threats sometimes posed by dissenting partners?
- How to prepare for PE investment: What are the key steps for firms to follow before seeking investment, and how can they mitigate governance risks?
- Impact on talent retention and recruitment: Does governance affect a firm's talent strategy? What attracts talent to a PE-backed firm over others?
- Top tips for law firm leaders considering PE investment: What should leaders assess before proceeding? How can governance changes be aligned with long-term objectives?
If you would like to discuss any aspect of private equity investment in relation to your firm, or if you have any questions arising from this recording, please contact Managing Partner Clare Murray, or Partners Corinne Staves or Zulon Begum.
In the next episode of our regulatory podcast ReguLaw, Partner and Regulatory specialist, Andrew Pavlovic, and Associate, Liz Pearson are joined by Michael Evans of Byfield. Byfield are market leaders in providing reputation counsel to law firms and individuals facing regulatory investigations and proceedings and Michael has significant experience in this area.
Andrew, Liz and Michael discuss how firms and individuals can attempt to manage the consequences of an SRA investigation and potential SDT prosecution at various stages of the process, including:
- The investigative stage – the potential for publication at this early stage and the preparatory steps that firms and individuals can take;
- The referral stage – how to manage concerns about the impact of publicity on mental/physical health and how individuals/firms can handle the unpredictability of the timing of publication on the SRA’s website;
- The hearing - the SDT’s new Automatic Disclosure Policy, and the impact this is likely to have on the press coverage of proceedings going forwards.
We hope you enjoyed this episode of ReguLaw. If you have any questions or would like to feature as a special guest in a future episode, please get in touch with Partner Andrew Pavlovic.















