Clarkslegal is proud to be a member of the Employee Ownership Association

Clarkslegal is pleased to announce that we are now a proud member of the Employee Ownership Association (EOA).

Our lawyers are experienced in leading people through the sale process to employees through Employee Ownership Trusts. We advise on setting up the trust, establishing the trust company, share purchase agreement, including structuring the deferred consideration documentation. The benefits of employee-owned businesses over different ownership models can include greater staff retention and longevity, improved staff performance and favourable tax treatments for both Sellers and employees.

Stuart Mullins, Partner at Clarkslegal, said: “We are delighted to be part of the EOA as it is further recognition of our growing experience in this rapidly growing sector.”

James de le Vingne, Chief executive of the EOA, said: “Having advisors who understand when employee ownership could be the right option for an exiting founder not only supports more businesses to adopt a more sustainable business model, but also helps with the overall growth of the sector. The EO community greatly benefits from the sharing of experience and insight, we look forward to having Clarkslegal as part of this network.”