£17.5m-revenue law firm becomes 100% employee-owned

Facebook
Twitter
LinkedIn

Source: Insider Media

Myerson Solicitors is now 100 per cent owned by its employees through an Employee Ownership Trust (EOT). A new Board of Trustees has been created, with the appointment of Steve Tudge, Joanne Evans, and James Birch — who are tasked with ensuring the organisation is managed in the best interests of all its employees.

Myerson Chief Executive Carl Newton, who joined the firm in 1995, said: “We’ve always been bold and entrepreneurial. Becoming the first 100 per cent employee-owned law firm in Manchester marks an exciting milestone for Myerson and for me personally, it’s a very proud moment.

“Becoming an Employee-Owned Business allows us to give every single employee a stake in our firm’s financial success; it empowers our people, attracts top talent, and reinforces our people-centric culture.

Myerson said its employees will now benefit from tax-free bonuses, greater stability and continuity, and increased investment in learning and development. A newly established Employee Engagement Committee will safeguard the firm’s culture and uphold Myerson as a great place to work.

Read the full article: https://www.insidermedia.com/news/north-west/17.5m-revenue-law-firm-becomes-100-employee-owned

Sign up for our newsletter

Get weekly news and insights delivered straight to your inbox!