General April 18, 2023

PRINCE FAMILY LAW BECOMES AN EMPLOYEE OWNERSHIP TRUST

For 18 years David Prince has taken his specialist family law firm from strength to strength expanding his team by employing the best lawyers and support team in the region. Prince Family Law provides a flexible and modern working environment for everyone to flourish.

Prince Family Law has grown to be the largest private family law firm in the area. The team provide a first-class service to their clients, the majority of whom are personally recommended.

The team at Prince Family Law is now ideally positioned to embrace an Employee Ownership Trust (EOT).

David, who has no plans to retire, has transferred 100% of the business to the newly formed EOT. Recognising his teams hard work and commitment to the firms’ clients all employees, at whatever level of seniority, now have a stake in the firm enabling them to shape and share in the company’s future success. The EOT gives the team a share in the ownership of the firm without having to own or purchase shares.

David Prince is delighted to have established an EOT to enable his entire team to share in and help develop the business in the future.

David says

We have an excellent reputation and provide a first-class legal service. The establishment of the EOT provides our entire team with long term security and continuity. Everyone will be engaged in our firm’s future development whilst retaining our unique culture to the benefit of our client’s”.