Private Client Team of the Year
This award recognises the top private client teams in the country, either offshore or onshore, handling high-value work in the areas of estates, charities, family, contentious and non-contentious trusts and probate, as well as personal tax, particularly to high-net-worth individuals and families.
The private wealth team posted a 73% fee-income increase for the year 2016/17 and followed this up with the recruitment of two partners and three associates. The group has impressed with its work for a number of foreign family offices and ultra-high-net-worth individuals, including advising on novel will and trust structures for an ultra-high net worth individual’s worldwide multi-billion dollar estate.
Irwin Mitchell - HIGHLY COMMENDED
Building on its frequent exposure to landmark cases, the firm has impressed in cross-border divorce cases, including issues that were previously untested in the UK. Moreover, the firm has made a further impression in international and domestic tax for ultra-high net worth individuals.
The firm’s wealth management team has particularly impressed in the Middle East, advising on a major asset structuring project for an extremely high-profile and wealthy family, which involved establishing a series of private trust company structures that demanded particular attention to local Sharia succession rules.
Charles Russell Speechlys
Key to the firm’s wider business, the private client division now holds 45 partners and 120 other fee-earners. The international sub-group has been especially active in non-dom tax issues, offshore trusts and residential property. The team has also impressed in major trusts issues, including complex offshore structures for UK-based and international clients.
Harbottle & Lewis
Leveraging its leading media and privacy law practice for private clients and further developing its standing in multi-jurisdictional tax and succession planning, the firm heightened its standing with the hire of partners Catherine Bedford, Nicholas Westley, Mark Irving and four associates from Lee & Thompson to its family team.
UK-based Macfarlanes has worked hard to develop its contacts with firms in other jurisdictions in this practice area. It has launched a series of initiatives to achieve this, including a private client symposium for international lawyers and team secondments to other jurisdictions. It also hired Clarissa Lyons, a charity and philanthropy specialist, and Jenny Bird, a cross-border succession expert and qualified notary, to the team.