CM Murray LLP - Employment, Partnership and Regulatory Law

CM Murray LLP
CM Murray LLP - Employment, Partnership and Regulatory Law

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.

  1. A Partner 101 to Mandatory Retirement Ages and Age Discrimination within Partnerships: Ten-Minute

    2 DAYS AGO

    A Partner 101 to Mandatory Retirement Ages and Age Discrimination within Partnerships: Ten-Minute

    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.

    16 min
  2. Managing Partner Performance: The One with the Squabbling Partners

    3 DAYS AGO

    Managing Partner Performance: The One with the Squabbling Partners

    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

    35 min
  3. Legal Privilege and SRA Investigations Unpacked: ReguLaw Podcast

    2 JUL

    Legal Privilege and SRA Investigations Unpacked: ReguLaw Podcast

    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.

    25 min
  4. Governance Issues for Firms considering Private Equity Investment

    26 JUN

    Governance Issues for Firms considering Private Equity Investment

    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.

    18 min
  5. Navigating Reputational Risks in SRA Investigation: ReguLaw Podcast with special guest Michael Evans of Byfield

    15 APR

    Navigating Reputational Risks in SRA Investigation: ReguLaw Podcast with special guest Michael Evans of Byfield

    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.

    26 min
  6. The LLP: 25 Years On - Professional Practices Alliance Webinar

    8 APR

    The LLP: 25 Years On - Professional Practices Alliance Webinar

    In this panel discussion, subject specialists share their expert insights into the interesting and challenging features of LLPs that they have seen over the last 25 years and what they see approaching on the horizon for LLPs. Jeremy Callman (Ten Old Square), Dr Robert Millard (Cambridge Strategy Group) and Corinne Staves (CM Murray LLP) join chair Sarah Chilton (CM Murray LLP) to explore the key benefits of using LLPs in professional services, the trends they have seen – including in LLP disputes – key tax changes and issues, strategic considerations as well as what the coming years may hold for LLPs. Their discussion addresses key questions and topics including: - How has the structure of LLPs developed since birth; what are some of the key elements of different LLP structures and their implications? - Financial services LLPs vs professional services LLPs: the difference in attitudes on mutual trust between partners and duties of good faith at law and in LLP agreements; - The use of English LLPs across the world, their evolution in different jurisdictions and how the increase in larger LLPs has affected strategic decisions; - Risk considerations: tax, regulation, liability and litigation; - Which partner remuneration trends have LLPs imported from other sectors and have they led to more or fewer disputes? - What are the differences, if any, in downward incentivisation between LLPs and more corporate structures? - What does the next 25 years hold for the future of LLPs? If you would like to discuss any aspect of LLPs or if you have any questions arising from this recording, please contact Partners Corinne Staves or Sarah Chilton, both of whom specialise in partnership law.

    57 min
  7. International Investigations: Protecting Your Interests Across Borders - IFSEA Webinar Recording

    27 MAR

    International Investigations: Protecting Your Interests Across Borders - IFSEA Webinar Recording

    We are delighted to share with you the recording of our recent webinar International Investigations: Protecting Your Interests Across Borders, where our panel discussed the complex and often challenging practical issues that arise during international investigations. In this webinar recording, chair Emma Bartlett (Partner at CM Murray LLP), Adam Tolley KC (Barrister at Fountain Court Chambers), Harry D Jones (International Employment & Labor Law Chair at Polsinelli) and Sarah Chilton (Senior Partner at CM Murray LLP) discuss the key differences between US and UK investigations cultures and their impact on outcomes, in particular: - The process for sharing data both internally and across borders, including with third parties such as investigators. - What specific information is shared, including with whom and the timing, within the business and among the executive board and senior leadership? - What protections are in place for both those being investigated and complainants, in particular relating to health-related impacts and discrimination risks? - Effective reputation and crisis management techniques as part of an investigation. - The complexities of legal privilege in cross-border investigations.

    54 min
  8. Is The Glue That Holds Partnerships Together Coming Unstuck?

    28 FEB

    Is The Glue That Holds Partnerships Together Coming Unstuck?

    We are delighted to share with you a recording of the discussion Is The Glue That Holds Partnerships Together Coming Unstuck? which took place at an event we held recently in London. The discussion explored the evolving dynamics of professional partnerships and the challenges they face in today's complex legal and business environment. Taking place in a Samoan Circle format, it enabled any attendees who wished to contribute to the debate to step into the circle during the course of the discussion. Co-facilitated by Sarah Chilton (Senior Partner, CM Murray LLP) and Zulon Begum (Partner, CM Murray LLP), the recording captures the first 20 minutes of the discussion with the opening speakers, in particular: - A critical examination of what constitutes a partnership, the key challenges faced by law firms and professional services in the current economic climate. - What is the 'glue' that holds a partnership together? In particular, loyalty, shared values and the cultural significance of a partnership. - Is trust, a fundamental element of partnerships, being eroded in larger LLPs where loyalties may be more aligned with the organisation than its individual partners? - The impact of scale: While scale can lead to centralisation and loss of entrepreneurialism and individual autonomy, it can also provide resources for innovation and growth. - Cultural dynamics: A focus on how shared goals and collaboration can foster a sense of belonging and purpose among partners. - The challenges faced by founder-led firms in transitioning leadership to a new generation. Can successors maintain the entrepreneurial spirit of the original founders? - The value of diverse viewpoints within a partnership, with a mix of personalities and approaches helping to enhance a firm's adaptability and attractiveness to clients. - What does it mean to be a partnership in today's professional landscape? How traditional values can and should co-exist with modern business practices to create resilient and effective partnerships. Opening speakers: - Andrew Cromby, Regional Office Head, Weightmans LLP, London; Partnership Litigator and Mediator - Peter Duff, Principal Consultant at PSFI and former Chairman of Shoosmiths - Greg Jackson, Law Firm Strategist & Consultant, PWC - John Machell KC, Serle Court, Partnership & LLP Silk - Moray Mclaren, Board Advisor to Law Firms and Co-Founder of Lexington Consultants - Corinne Staves, Partner, CM Murray LLP, Partnership & LLP Specialist Co-facilitators: - Zulon Begum, Partner & Co-Head of Partnership Team (Non-Contentious), CM Murray LLP - Sarah Chilton, Senior Partner & Co-Head of Partnership Practice (Partnership Disputes), CM Murray LLP Thank you to everyone who attended the event and participated in the discussion.

    25 min
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out of 5
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About

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.

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