Restructuring & Organisational Change
Boardroom changes can be extremely disruptive for businesses. We have an excellent track-record in handling changes swiftly and effectively.
We advise on the legal and practical issues that arise when hiring senior executives and the exit management of these key individuals who tend to have complex contracts and remuneration packages.
Do you understand the differences between being a shareholder, a director and an employee?
A shareholder/director who works in the business may also be an employee even if there is no written contract of employment. They have employment rights just like any other employee. We can advise about who is an employee and the legal tests applied by the Employment Tribunals.
Dealing with senior executives
Our experience in dealing with senior executives helps us to identify the best approach to terminating their employment.
We try to avoid protracted negotiations at your expense. Our preferred approach is to calculate the executive's entitlement first, with a view to putting forward a sensible severance package at an early stage. We will work with you to ensure that the executive, as far as possible, retains face and faith in the company.
Experience tells us that this is usually the best approach for both parties and can save huge amounts of management time, disruption to your business and money.
We also advise on business reorganisation/restructuring to ensure that you keep in line with your legal obligations to employees and help you to manage the risk.
We can also assist with outsourcing/insourcing and the impact of the Transfer of Undertakings Protection of Employment Regulations.