ESG (Environmental, Social and Governance) has become a familiar phrase and, in practice, the component parts of it are developing at different rates. ESG in leasing models: focus on the ‘social’ ESG (Environmental, Social and Governance) has become a familiar phrase and, in practice, the component parts of it are developing at different rates. The “E” has been taking shape for years and, after some initial debate between landlords and tenants an accepted position is developing. The “G” is already a key part of leases setting out responsibilities of each party. The “S” is increasingly coming into focus...
Shoosmiths LLP is unusual among its UK law firm peer group for steering its path to a Ãƒâ€šÃ‚Â£128million turnover largely through organic growth, rather than by mega-merger.
For clients, this translates into a slick operation where teams are well integrated, and the right skills for a requirement can be focused on or scaled up easily. This impression of strong relationships of trust and teamwork at Shoosmiths is underpinned by a 20 year commitment to diversity and shared values.
Against this background is a sharp ambition to step into the vacuum that international competitors have left behind, and the firm has rapidly expanded its UK footprint to become one of today's most 'national' firms, with a series of successful office openings in Birmingham, Manchester and Leeds, the acquisition of the Scottish firm ACH in 2012 and an opening in Belfast three years later. These extensions have been built on a historic base in the East Midlands dating back to 1845, together with the firm's 30-year status as a regional heavyweight in the South-East. The firm may be onto something - their clients include a wide number of blue-chip names who clearly like a firm on their panels which is 'not too small, and not too large.'
Client focus and commerciality are at the heart of the Shoosmiths service promise - the firm views itself as a service business and its lawyers and front line staff are genuinely encouraged to make a difference in a way that is relevant to each client.
The cultural imperative to "take initiative" (one of the firm's 4 core values) has helped the firm to score many innovative firsts - "it's something we just do, rather than something we talk about". Shoosmiths was the first UK law firm to publish its fee income (1994), and the first law firm to be on twitter (2008). It has pioneered an innovative Risk & Reward pricing structure in collaboration with a major client, was the first UK law firm to publish its Gender Pay Gap figures (2017), has introduced a flexible 'resource solutions' suite for clients and in-house legal teams seeking a more tailored approach to contract legal services, and is likely to be 'one to watch' when it comes to delivering the new solutions enabled by legal tech.
Shoosmiths' commitment to diversity is well-evidenced - a female CEO presided over its recent decade of growth, and the firm is regularly recognised in Diversity League Tables.
Whilst its own agile office network is centred in the UK, Shoosmiths regularly works with law firms with a similarly client-focused outlook in the jurisdictions where our clients do business - "where they go, we go".
National awards from the last 12 months include: Legal Business National/Regional Firm of the Year 2018; EG Legal Team of the Year (2018); and Winner of the Legal 500 Corporate & Commercial Specialism of the year (Venture Capital).
In a rapidly changing legal environment, where markets, technology and new global risks continually re-set the client agenda, Shoosmiths is a law firm which combines innovation and resilience, in tune with the times.
Areas of Practice
On 21st July 2022, the COVID-19 Inquiry was opened. Module 1 will consider the extent to which the risk of a Coronavirus pandemic was properly identified and planned for and whether the UK was ready for that eventuality. In broad terms, the module will look at the UK’s preparedness for whole-system civil emergencies, including resourcing, the system of risk management and pandemic readiness. It will scrutinise government decision-making relating to planning and seek to identify lessons from earlier incidents and simulations and international comparisons...
Shoosmiths has signed the British Property Federation’s (BPF) Net Zero Pledge.The law firm is backing the initiative, which involves uniting the real estate industry in tackling carbon emissions from the built environment and achieving net zero by 2050. Shoosmiths joins a range of developers, investors, lenders, architects and agents in committing to three core principles. BPF Net Zero Pledge Setting verifiable net zero targets and plans Sharing research, knowledge and insight on an open-source basis Supporting each other, and the wider industry, to accelerate the transition to net zero Shoosmiths is already a signatory to the ‘Business Ambition for 1...
LEADING law firm Shoosmiths has strengthened its dispute resolution and litigation group by welcoming a new partner to its Leeds office.Jonathan Mills joins the firm from Addleshaw Goddard LLP where he worked as a legal director. Jonathan specialises in finance litigation and acts on behalf of a wide range of banks and finance houses on high value litigation work. Jonathan’s work includes progressing return of goods claims, breach of contract claims, breach of guarantee claims, breach of warranty claims and title disputes with third parties. He has a particular specialism in interim delivery up orders which are a form of injunction designed to recover high value goods quickly...