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
Posted by Peter Doyle
Posted by Garry Karch
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