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thepartners@wrigleys.co.uk

Leeds: 0113 244 6100

Sheffield: 0114 267 5588

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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 estimates in 2013 that the combined annual turnover of businesses that have employee ownership is 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 materials below, together with case studies showing the success that can be achieved.

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"Malcolm Lynch leads the ‘very responsive’ team".

- Legal 500 (2015)

 

"The solicitors we deal with at Wrigleys are always on the ball. They are always willing to go above and beyond the normal level of service."

"From my experience, they have been very responsive, flexible and pragmatic, which has in turn helped us to manage our costs effectively."

- Chambers & Partners (2015)

 

Employee Trusts

Malcolm Lynch View Biography

Malcolm Lynch

Partner
Leeds

Thomas Wainman View Biography

Thomas Wainman

Partner
Leeds

Meet the team

Emma Lowe View Biography

Emma Lowe

Trust Manager
Leeds

Laura Moss View Biography

Laura Moss

Solicitor
Leeds

Dr John McMullen View Biography

Dr John McMullen

Partner
Leeds

Malcolm Lynch View Biography

Malcolm Lynch

Partner
Leeds

Chris Billington View Biography

Chris Billington

Partner
Leeds

Thomas Wainman View Biography

Thomas Wainman

Partner
Leeds

How can we make our housing market better for young people

In this article, we look at the innovative solutions which community-led housing offers for young people having difficulties securing their own home.

Click here to view more

Wrigleys articles are now a contributor to the national and free article search service Mondaq

Wrigleys are now using Mondaq to distribute their articles from the website to a wider audience. Rediscover the wide range of topics we advise on!

Click here to view more

Changes to Permitted Development Rights for Rural Communities

The changes provide more flexibility to rural communities as to how they use existing buildings to deliver much needed homes and help farms modernise.

Click here to view more

Naidex

Date: 25 Apr 2018

Venue:

Further information and booking

Charity Workshop: General Data Protection Regulation (GDPR)

Date: 10 May 2018

Venue: St George's Centre, Great George Street, Leeds

Further information

Employment Law Update for Charities 2018

Date: 26 Jun 2018

Venue: Hilton Leeds City, Neville Street, Leeds

Further information

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