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 […]
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 […]
Empowering Next Generation Lawyers: In Conversation with Anaya Price – Her Inspiring Journey to the Bar
August 14th, 2024 by Stuart Smith
At CM Murray, we believe in fostering the future generation of lawyers. This commitment is at the heart of our firm, ensuring that the future of the profession is in capable hands. It is important for members of the legal profession, in particular senior members, to identify and support young talent. Managing Partner Clare Murray, chats […]
SRA Workplace Culture Rules 12 months on: What are we seeing and what do recent cases tell us?
May 15th, 2024 by Stuart Smith
It has now been over 12 months since the SRA introduced rules into its Codes of Conduct relating to the treatment of colleagues. In this short video recording, our Managing Partner Clare Murray and Professional Discipline and Regulatory Partner Andrew Pavlovic: Re-cap the rules and the reason for their introduction; Consider how firms have sought to raise awareness […]
HMRC guidance on salaried member tax rules: What are the implications of these changes? Ten-Minute Talk
March 25th, 2024 by Stuart Smith
At the end of February HMRC updated its guidance on the salaried member tax rules. The changes focus on Condition C, in connection with which many firms have asked their fixed share partners to make substantial capital contributions. Many are worried that there may need to be a significant change in approach, particularly for fixed […]
Updating Your LLP Agreement to Prepare for Merger: Ten-Minute Talk
December 15th, 2023 by Stuart Smith
In this Ten-Minute Talk, Partner Zulon Begum and Managing Partner Clare Murray discuss LLP agreements, focusing on how firms should update their agreements in preparation for a merger. Key takeaways from this Ten-Minute Talk: The three common ‘gaps’ in LLP Agreements in relation to potential future mergers or transactions are usually (i) unachievable decision-making thresholds […]
5th IFSEA International Conference on Executive & Founder Issues
December 13th, 2023 by Stuart Smith
5th IFSEA International Conference on Executive & Founder Issues: One-Day Conference on Risk, Reward and Reputation Management for Senior Executives & Founders – 25 June 2024 in London
Partner Remuneration & LLP Agreements: Updating Your Firm’s LLP Agreement to Reflect its Changing Partner Remuneration System: Ten-Minute Talk
November 21st, 2023 by Stuart Smith
In this Ten-Minute Talk, Managing Partner Clare Murray and Partner Zulon Begum discuss LLP agreements, with a particular focus on partner remuneration. Key takeaways from this Ten-Minute Talk: The importance of ensuring the firm’s partner remuneration system, metrics and procedures are clearly documented within the LLP Agreement and any associated policies and allow for a degree of flexibility to respond […]