Another door closes on LLP members’ rights

My clients have often been surprised by how few rights they had as LLP members but delighted when I mentioned the most powerful weapon in the aggrieved partners’ armoury. Last week, however, the High Court inspected that weapon for the first time and concluded it did not work. Continue reading

Coaches, mentors, incubators and accelerators

A few years ago, a colleague of mine represented an employee claiming constructive dismissal beacuse her employer had assigned her an executive coach. Today, the situation is reversed and people (including me a couple of weeks ago) scream if they think their executive coach is going to be taken away.  I have spent the last three days chatting to various people in the business of helping entrepreneurs in different ways. Continue reading

New rights for partners?

In this blog, I have often bemoaned the lack of rights available to partners, particularly junior partners. A recent Supreme Court decision means that all “workers’ rights” should now be available to certain partners but which partners and how these rights will work both remain unclear… Continue reading

Junior partners get their rights back

At last! The Supreme Court has ruled that members of LLPs are ‘workers’ and thus protected by workers’ rights, importantly including the right not to be subjected to a detriment as the result of blowing the whistle on wrongdoing. The real surprise is that the lower courts thought otherwise. Continue reading

LLP law is changing but the LLPs don’t seem to know!

LLP law is changing but the LLPs don’t seem to know! Well, the legal and accountancy LLPs know but I am not convinced that word has reached all their clients. Over the past month, I have reviewed documents for several prospective members of LLPs which fall foul of HMRC’s new rules on employees disguised as partners. Continue reading

Swap your rights for shares?

George Osborne has announced plans for a new type of employment status: ‘employee owners’. Employees will give up their rights to protection against unfair dismissal, statutory redundancy payments, and the right to request flexible working hours and time off for training, in exchange for between £2,000 and £50,000 of shares in the company for which they work. These shares will be free from capital gains tax when they are eventually sold. Continue reading