Employee Ownership - A Conversation with Peter Doyle CEO


2 mins

Posted on 17 May 2021

Employee Ownership - A Conversation with Peter Doyle CEO

Learn how Doyle Clayton became employee owned

Doyle Clayton's Head of EOT Services, Garry Karch talks with Peter Doyle, CEO of Doyle Clayton.

Peter Doyle and Darren Clayton founded Doyle Clayton in 1997. Initially, an employment law boutique, the firm has grown to become the UK's largest and most successful specialist workplace law firm. In September 2019, Doyle Clayton became employee owned and one of the first UK law firms to be majority owned by an Employee Ownership Trust (EOT).

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Timings (skip to a certain point)

1. Minutes 0 - 1. Introduction 

2. Minutes 1 - 4. Doyle Clayton's background

3. Minutes 4 - 6. Conversion to Employee Ownership Trust 

4. Minutes 6 - 7. Converting to a limited company 

5. Minutes 7 - 9. Ownership structure

6. Minutes 9 - 13. Next generation of shareholders 

7. Minutes 13 - 15. Share ownership alongside the Employee Ownership Trust 

8. Minutes 15 - 17. Other transaction options 

9. Minutes 17 - 18. Valuation and value 

10. Minutes 18 - 19. Fair market value 

11. Minutes 19 - 20. Succession 

12. Minutes 20 - 21:36. Succession planning 

13. Minutes 21:36 - 23:40. Law firm specifics 

14. Minutes 23:40 - 27. Vendor financing and raising third party capital 

15. Minutes 27 - 32:20. Income tax free bonuses 

16. Minutes 32:20 - 35:20. Management going forward 

17. Minutes 35:20 - 37:30. Two years on

18. Minutes 37:30 - 38:40. Downsides of employee ownership

19. Minutes 38:40 - 40:40. Advice for taking a business into employee ownership 

20. Minutes 40:40 - 41:29. Conclusion 

Other EOT Webinars

1. Welcome to Employee Ownership Trusts (EOTs) - Selling Your Business to its Employees.

In the 45 minute webinar, Garry Karch introduces EOT's and the advantages owners have when selling their company to its employees over venture capital or a trade sale.

2. Garry Karch talks with Malcolm Hurleston CBE

Malcom is the founder of The Employee Share Ownership (Esop) Centre which was set up in 1987. The Centre draws from over 30 years of experience to inform, lobby and research in the interest of developing all forms of broad-based employee share ownership plans in the UK and Europe. It works with governments, the European Commission, businesses and employee organisations to build widespread support for employee share ownership. 

Contact us - Book a time to suit you

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Key contacts

Garry Karch

One of the UK's best known Employee Ownership Trust advisers, Garry heads the firm's EOT Services team.

  • Head of EOT Services
  • T: +44 (0)20 3750 2492
  • Email me

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Peter Doyle

Peter is an original co-founder of the business. Over a period of 26 years, Peter has, as Senior Partner and as Chief Executive, overseen the growth of the firm and its development from a niche employment law firm to a law firm handling legal issues affecting people in the workplace.

  • Chairman
  • T: +44 (0)20 7778 7220
  • Email me

View profile

The articles published on this website, current at the date of publication, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your own circumstances should always be sought separately before taking any action.

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