I recently heard the director of a recruitment company explain why the founder had decided to use employee ownership as an exit strategy. He was looking to retire but was concerned that a sale or a merger would lead to the loss of freedom and long term control, that a new owner may not understand the business and would be looking to strip out costs which would mean that quality would be compromised. In contrast, the employee ownership option meant that the employees' contribution to the success of the business would be recognised, the values, culture, quality and integrity would be maintained and there would be continuity for staff and clients. He was also aware that research shows that employee owned companies have greater productivity, lower staff turnover and are more sustainable over the longer term....
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Ruth is managing partner for our firm. Ruth is a highly experienced litigator specialising in all areas of commercial dispute resolution, with a particular expertise in construction law. She advises clients in the successful resolution of litigation, conducted both in the Court of Session and the Sheriff Courts. Qualified with a Masters in Construction Law at Strathclyde University, Ruth guides all parties, from developers and consultants to contractors and subcontractors, through the complex drafting and negotiating processes involved in construction and engineering projects. This includes construction contracts, appointments, sub contracts and collateral warranties. Ruth also represents clients in disputed construction contracts and Alternative Dispute Resolution, including adjudication, arbitration and mediation, and is a member of the Adjudication Society. She is a pragmatic business lawyer who focuses on sound practical and commercial advice.
In February's edition of The Knowledge we look at the effects of short term absence on your business and how to manage it, updates on Right to Work checks and how estate owners can keep up to date with legislation....
Young & Partners is a commercially focused business law firm enjoying continuing success. Founded in 1982, we serve clients throughout the UK, as well as international clients with interests here. Our headquarters are in Fife, with an additional office base in Glasgow.
Our highly regarded corporate team helps entrepreneurs and owner-managers start, build and sell their businesses. We want to add to the team, and need a corporate solicitor with energy, enthusiasm and a business mind-set to help us further grow our business. In return, we will provide the training and experience for someone to develop and grow in an interesting environment.
Our ideal person is probably NQ or in the first few years as a solicitor; a second year trainee looking to specialise in corporate work would also be considered. You’ll almost certainly have experience as a corporate trainee or corporate solicitor, and are interested in (and in learning more about) corporate law and practice.
The role will be based in Fife, with travel to Glasgow and beyond as required. Self-motivation and an interest in client care are essential. An understanding of social media in a business environment, and an awareness of business development, are desirable.
In January's Edition of The Knowledge Online we look at understanding TUPE Regulations and how Geothermal Solar can save you money as well as our usual advice on employment law....
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