Family Business Solicitors
We look after family businesses across a whole range of sectors, many of which have been around for generations.
Family businesses continue to take the long view, looking ahead to the next generation and doing what is necessary to ensure that they pave the way for succession. This is even more important during tough economic periods.
Family businesses, of which there is a high concentration in the Yorkshire region, are ideally positioned to fill the gaps that open up in times of recession. If the region is to boom again, it will need these businesses to step up to the mark once more. Many have a fascinating history, and some have become international success stories.
Businesses in this sector, while not risk-averse, have proven adept at building up cash reserves and avoiding reliance on high levels of bank borrowing. The problems that exist in all corporate business environments are magnified in family and owner-managed businesses; operations are intertwined with family relationships, and undoubtedly, family problems can affect the business if it is not properly managed.
Matrimonial issues, death, health problems, and financial problems can all potentially create difficult situations. Rollits can help your business as a trusted advisor. Using our experience, we can help guide businesses through the challenges and optimise the opportunities by applying systematic thinking that cuts through the problems inherent in this sector and contributes essential business knowledge.
Our expertise in working with family businesses really sets us apart from other law firms. We look after family businesses in a very pragmatic way. We play a very active role, using our experience to help inform sound business decisions, and we work closely with our clients in order to truly understand their needs.
We have extensive experience in all the areas of law important to family businesses. From corporate law to employment issues and succession planning, we can provide the advice, guidance, and legal representation you need to ensure your business has strong legal foundations.
We are fully aware that many families are often very firm in their views, with individual family members having their own visions and goals for the business. We understand that family business relationships sometimes involve a delicate balance of power, and we know how to fine-tune companies to prevent them becoming disparate entities. Family businesses view us as trusted advisors who can really help them manage their affairs, allowing them to focus on business interests.
-
“When working in partnership with Rollits, as I do for many projects and campaigns, I trust them to give me an honest response on every occasion. They are genuine in their passion for the city, region and its prosperity, and self-interest is always over-shadowed by their desire to prioritise community, and opportunity for the next generation. I feel that Rollits always strive to make a difference on projects and partnerships of all scales.”
-
“J R Rix & Sons Ltd are a diverse company with business interests that span fuel distribution, manufacturing holiday homes, cars sales and property. Rollits are professional and approachable and we have great confidence in the wide range of legal advice that they have provided us with for many years.”
Rory Clarke - Managing Director, J. R. Rix & Sons Ltd
-
- Ed Heppel
- Partner and Head of Employment
-
- Julian Wild
- Consultant and Director, Corporate
-
- Richard Field
- Senior Partner
-
- Alison Benson
- Partner and Head of Family
-
- John Lane
- Partner and Head of Private Capital
Our family business law expertise
We deal with a full range of business and related law, including:
- Limited liability partnerships
- Banking and finance
- Property law including planning and development
- Data protection and freedom of information legislation
- Employment law including pensions
- Corporate, corporate finance, recovery and insolvency
- Information technology
- Contracts and commercial
- Demergers
- Regulatory compliance
- Wills, trusts and tax planning
- Succession planning
- Family law
- Dispute resolution
Get in touch with our family business solicitors in Yorkshire
To discuss your family business legal requirements, get in touch with our specialist family business solicitors. From our offices in both Hull and York, we support clients in the region and the North, as well as across the rest of the UK.
Call us in Hull on (0)1482 323239 or in York on (0)1904 625790. Alternatively, you can fill in our contact form and one of our local family business solicitors will get back to you.
Our family business services
Putting the right structure in place for an owner managed business is crucial. This gives those involved the assurance of knowing exactly what their position is and the rights and responsibilities they have. It also ensures that your business has a solid legal framework from which to operate.
We can set up a limited liability partnership, ensuring you have a robust partnership agreement in place that covers most eventualities and protects both the partners and the business as far as possible.
We will also advise you as to related issues such as tax, whether a partnership is the best option and how issues such as profits and management will be dealt with.
Funding can be complex, and our team can guide you through your financial needs to ensure you are aware of the liabilities you are taking on and that your business is compliant with the rules in this tightly legislated area.
We can ensure that you have the right lending arrangements for your organisation and that you have the advice you need before entering into a finance agreement. We are always happy to discuss the many types of funding available and answer any questions you may have.
Taking on premises is often one of a business’s biggest financial commitments. Our team can advise on a full range of commercial property issues, including acquiring and disposing of freehold premises.
We also deal with commercial leases, which can be quite challenging. We will carefully review any lease before you sign it to ensure that you fully understand the responsibilities and liabilities that you will be taking on.
We can also represent you in dealing with issues such as dilapidations, rent review, lease renewal and commercial property disputes.
If you are an employer, we can help you ensure that you have the right policies, handbooks and comprehensive employment contracts for your workers.
Employment law can be complicated, so it’s really important for employers to stay informed. Failing to meet your duties as an employer can result in serious penalties if you make mistakes. We can advise you as to your responsibilities and deal with any legal issues that are raised by your employees.
If you are considering taking on new staff or you want to better manage your existing workforce, our employment law team can work with you to draft documentation tailored to your needs and designed to protect your business interests and minimise the potential for disputes or disagreements in the workplace
If your business is a company, our lawyers can provide a full range of corporate advice to ensure your organisation has the best possible structure. Our corporate services include:
- Setting up a company, including drafting articles of association and a shareholder agreement
- Contract advice and drafting
- Data protection advice
- Tax advice
- Acquiring or selling assets
- Intellectual property advice
- Dispute resolution
We can advise you on restructuring and demergers. This could be to protect assets from risk, set up a new arm to pursue a different direction, separate a business allowing family members to run separate sections, prepare for a sale or part-sale, or resolve disputes.
Our advice is comprehensive and will include issues such as the tax implications of demerger and compliance. We can also set up a new corporate structure and manage the transfer of assets and responsibilities.
Businesses’ compliance duties are increasing, and substantial penalties are possible for breaches. Examples include health and safety, data protection, and compliance requirements specific to your sector.
If you have been advised that your business is being investigated for non-compliance, we can represent you to ensure that your rights are observed. We will manage the investigation, including document disclosure, and work to ensure the matter is dealt with promptly.
Non-compliance can be taken very seriously, and if you become aware of a potential issue or allegation, you are strongly advised to seek legal advice immediately.
Deciding how to plan for the next generation to take over a family business can be complicated. We can discuss your options with you and advise you on the best way to deal with succession to achieve the desired result.
We have a strong understanding of the issues that can arise regarding succession and how to resolve difficulties to provide the future that you want for your family while safeguarding your business.
Matters such as divorce can be challenging for a family business. We always do all we can to protect a family business from being divided or sold during a relationship breakdown.
If your family business is likely to be impacted by a divorce, our family lawyers can provide strong support to safeguard your interests as far as possible. We can discuss the options available to you and negotiate where necessary to achieve the best outcome in the circumstances.
Most businesses will be involved in a dispute at some stage. In resolving matters with a minimum of disruption and expense, it is crucial to act quickly. If you ask us to represent you, we will step in straight away to try and find a solution before the situation degenerates.
It may be the case that a formal solicitors’ letter may be sufficient to focus minds on resolving the issue. Where necessary, we can negotiate on your behalf to try and agree on a solution.
If this is not successful, we can represent you through alternative dispute resolution. This often helps businesses deal with matters out of court, which is generally a quicker and more cost-effective solution.
Where necessary, our lawyers can prepare a strong case for court and ensure that you are represented by an expert advocate.
Why choose our family business lawyers?
At Rollits, we specialise in working with family businesses for the long-term. When you partner with us, we will spend time understanding your organisation as well as your goals and ambitions. Our advice to you will be clear and practical, have a solid grounding and be tailored to your specific situation.
We always look to add value when advising a business, discussing issues beyond the immediate legal problem to ensure that you have the right solution based on all relevant facts.
We have been advising family businesses for over 180 years and have a reputation for outstanding advice and representation. In addition to our legal expertise, we are known for our exceptional service level.
A partner will be in charge of your matter, and we are always happy to discuss any concerns you may have and ensure that you receive the legal advice and support you need.
Our family business legal services fees
We know that you will want to have a clear budget for legal services and we always ensure that an estimate of costs is provided at the outset. Our services are competitive and we will always work cost-effectively, ensuring you have the right level of expertise for the job.
If you want to talk to us, we can discuss our family business law fees based on the help you need.
Speak with our family business solicitors today
We have a strong track record of providing legal advice for family businesses across a full range of issues. If your family company needs sound legal guidance, we will be happy to help.
To discuss your requirements, get in touch with our family business lawyers. From our offices in both Hull and York, we support clients in the region and the North, as well as across the rest of the UK.
Call us in Hull on (0)1482 323239 or in York on (0)1904 625790. Alternatively, you can fill in our contact form and one of our lawyers will get back to you.