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Wrigleys' expertise in advising on employee ownership

Solicitors at Wrigleys have been advising on the legal, trust and tax aspects of employee ownership since 1987.

What is employee ownership?

Employee ownership is where employees directly or indirectly own a meaningful stake in the business in which they work.

Who is employee ownership for?

  • Succession - A genuine option for a founder, partner or investor of a business who is looking to retire or move on.

  • New enterprises - An exciting model for new businesses.

  • Growing businesses - Introducing employees as part owners to help attract, retain, grow and motivate committed staff.

  • Rescue - An option for employees faced with a closure of their employer through insolvency or otherwise.

  • Outsourcing of public services - The Government’s reorganisation of a growing list of public services can mean a challenging and uncertain time for public sector staff, but also the potential for employee empowerment though forming Public Service Mutuals.

Is employee ownership a new idea?

Definitely not! The origins are global and date back to the early 20th century. Our solicitors have been advising on employee share ownership since 1987.

The sector is huge, has political support and is expanding – the Employee Ownership Association estimated in 2013 that the combined annual turnover of businesses that have employee ownership was in excess of £30 billion and growing.

Is employee ownership complex?

Not necessarily. An employee owned company is basically the same as any other company. The difference is that the employees make up more of the shareholders.

Further details are available in the Downloads tab in the menu at the top of the page, together with case studies showing the success that can be achieved.

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The 'professional and knowledgeable' charity and social economy team at Wrigleys Solicitors LLP attracts praise for its 'good-value, pointed advice'.

- Legal 500 2019

Of Malcolm Lynch: "very learned, very considered and very measured."

"people-centred, approachable and friendly."

- Chambers & Partners 2019

Malcolm Lynch View Biography

Malcolm Lynch

Direct Line: 0113 204 5724

Partner
Leeds

Thomas Wainman View Biography

Thomas Wainman

Direct Line: 0113 204 5791

Partner
Leeds

Meet the team

19 Nov 2018

Private hire drivers were workers and entitled to NMW and holiday pay

Employment tribunal was right to take a "realistic and worldly-wise" approach as written contract did not reflect the reality of the arrangement

15 Nov 2018

Part-time airline worker was treated less favourably because of her part-time status

Court of Appeal holds purser paid 50% of full-time pay when available for work for more than 50% of full-time hours was less favourably treated.

14 Nov 2018

Don't ignore the signals – telecoms on school property

We highlight the statutory rights benefitting telecoms operators and how these could affect plans to carry out works to school property.