Weightmans Annual Report 2010-2011 - Weightmans Solicitors
Weightmans Annual Report 2010-2011 - Weightmans Solicitors
Weightmans Annual Report 2010-2011 - Weightmans Solicitors
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www.weightmans.com<br />
<strong>Weightmans</strong> <strong>Annual</strong> <strong>Report</strong><br />
<strong>2010</strong>-<strong>2011</strong><br />
<strong>Weightmans</strong> LLP is a limited liability partnership registered in England & Wales with registered number OC326117 and<br />
its registered office at India Buildings, Water Street, Liverpool L2 0GA. A full list of members is available at the registered<br />
office. The term “partner”, if used, denotes a member of <strong>Weightmans</strong> LLP or a senior employee of <strong>Weightmans</strong> LLP with<br />
equivalent standing and qualifications. Authorised and regulated by the <strong>Solicitors</strong> Regulation Authority.
Index<br />
p4<br />
p6<br />
p10<br />
p12<br />
p16<br />
p22<br />
Managing Partner’s review<br />
Maintaining quality of service in<br />
a rapidly changing environment<br />
Timeline<br />
A period of transformation<br />
Financial report<br />
A foundation for growth<br />
Merger<br />
The story so far...<br />
Key highlights<br />
Toasting this year’s successes<br />
And finally<br />
A word from our Senior Partner<br />
p2 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p3
Managing Partner’s review<br />
Maintaining quality of service in<br />
a rapidly changing environment<br />
My report this year is dominated by our considerable expansion. We welcomed<br />
200 new people to <strong>Weightmans</strong> LLP, as well as a long list of new clients and two<br />
new locations. We have changed considerably in a very short space of time, after<br />
the best part of a decade of organic growth.<br />
Although the firm continued to make progress in <strong>2010</strong>-<strong>2011</strong>, from<br />
September the financial year was largely taken up with merger<br />
discussion and activities; preparing the firm for what it was<br />
going to become.<br />
Nevertheless, we did make considerable progress, gaining<br />
improved insight and clarity on the key issues facing the<br />
firm, and the important areas we need to work on to make<br />
<strong>Weightmans</strong> an outstanding law firm over the next five to ten<br />
years. In addition, there were some real highlights in terms of the<br />
results we have achieved for our clients, notable cases we have<br />
been involved in and recognition for our people.<br />
From a financial point of view, the firm continued to perform<br />
well, although profit was down and turnover increased relatively<br />
modestly. The key financial message was one of sustainability<br />
and the end result was a very creditable one, giving us a good<br />
platform for the development of the merged firm.<br />
This groundwork, put in during the course of the last financial<br />
year, will stand us in good stead as we develop our business<br />
over the next two to three years. We continue to work very hard<br />
to produce excellent work and deliver a high quality service for<br />
our clients in a rapidly changing environment, as demonstrated<br />
by the confidence of our clients in most areas and our levels of<br />
repeat business. We act for many blue chip clients who enhance<br />
our brand by the feedback they give us, helping us to be more<br />
focused on producing the best results for them.<br />
It is also important that we continue to value and nurture<br />
the culture of our organisation. We have very loyal employees<br />
who have created a stable environment in which to develop<br />
our business. The key elements of combined practice and<br />
a commitment to being a well-managed organisation are<br />
great assets.<br />
Partners as leaders<br />
In <strong>2011</strong> we started a leadership programme for partners after<br />
identifying personal development for partners as a key area in<br />
which we needed to invest. Management and development, the<br />
coaching and mentoring of our people, sound financial practices,<br />
innovation, communication and engagement all demand<br />
leadership skills from the modern partner. At a time when our<br />
partnership is increasing significantly, we believed this was the<br />
ideal opportunity to spread the word: partners are leaders and<br />
we need leadership skills to drive the firm forward.<br />
We looked at various suppliers who might assist us in delivering<br />
the programme. We read extensively and decided ultimately to<br />
work with Future Engage Deliver. During the course of our next<br />
financial year, all partners will undergo a three day programme.<br />
This will comprise learning on setting the vision, engaging our<br />
people and then delivering on the strategy of the firm.<br />
The partner group represents a significant part of the<br />
human capital of the firm. If we can all improve our leadership<br />
skills, if we can be aware of the effect our behaviour and the<br />
standards we set have on the rest of our organisation, if we can<br />
be continually conscious that we have very significant influence<br />
(which can be positive or negative), then this programme will<br />
make a great and beneficial difference to our organisation.<br />
This is a significant investment for very busy people and it will<br />
be interesting to see how this programme affects and influences<br />
our organisation. The idea is that we will work on leadership<br />
skills more intensively in a bespoke way with certain groups<br />
and our hope is to take the learning from this programme and<br />
cascade it throughout the firm.<br />
I very much hope that our long periods of hard work will ensure<br />
that the new <strong>Weightmans</strong> of <strong>2011</strong> will have a successful and<br />
prosperous future. At the time of writing, I am already able<br />
to say with a high degree of confidence that <strong>Weightmans</strong> will<br />
become bigger and better, to the benefit of both our clients and<br />
our people.<br />
Patrick Gaul<br />
Managing Partner<br />
p4 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p5
Timeline<br />
A period of transformation<br />
The firm’s profile and reputation is strengthening year on year and this is seen in<br />
improved press coverage and commendations in the legal directories. Pleasingly,<br />
this was reflected in the number and quality of awards the firm received during<br />
the year.<br />
Landmark judgment<br />
<strong>Weightmans</strong> successfully represented Essex County Council<br />
when The Supreme Court handed down a landmark judgment<br />
in the case of A v Essex County Council, a case involving a<br />
severely disabled boy whose parents sought compensation<br />
for damages after he was out of school for more than a year<br />
whilst the council sought to find him a suitable placement.<br />
Long-standing lawyer gains success<br />
After 21 years in law, the achievements of one leading female<br />
lawyer were recognised by the Association of Women <strong>Solicitors</strong>.<br />
Elaine Chapman, Partner at <strong>Weightmans</strong>, swept to victory<br />
in the ‘Best Woman Solicitor Managing a Medium-Sized<br />
Practice’ category.<br />
Hat-trick of top rankings for <strong>Weightmans</strong><br />
<strong>Weightmans</strong> secured its highest rankings in The Lawyer UK<br />
200 <strong>Annual</strong> <strong>Report</strong> and the Legal Business survey of the top<br />
100 UK law firms.<br />
The year also saw our insurance lawyers feature in a large<br />
number of significant legal cases. The preeminent example was<br />
the deafness class action run by Jim Byard and Ben Ling from<br />
our Leicester office. This case involved thousands of claimants,<br />
and many millions of pounds were at stake. Jim Byard led the<br />
defendant team to victory in The Supreme Court.<br />
June <strong>2010</strong><br />
<strong>Weightmans</strong> moved up to number 53 in The Lawyer’s annual<br />
report, a rise of three places from 2009. The Legal Business<br />
survey saw the firm rise four places to number 52.<br />
National award for Business Development team<br />
The Business Development team won the Law Society<br />
Excellence awards, beating off competition from firms<br />
such as Allen & Overy.<br />
The team was rewarded for its work on a firm-wide campaign<br />
focused on enhancing our client relationship management.<br />
August <strong>2010</strong><br />
May <strong>2010</strong><br />
July <strong>2010</strong><br />
Young solicitor of the year<br />
Victoria Curran was awarded solicitor of the year at the<br />
Leicester Law Society awards. Joanne Harrison was awarded<br />
trainee of the year.<br />
<strong>Weightmans</strong> continues corporate expansion<br />
in London with partner hire<br />
Clare Sellars joined the London office as an Intellectual Property<br />
specialist. The move came less than a month after William<br />
Sharpe was appointed to lead the Corporate team in the City.<br />
<strong>Weightmans</strong> takes consortia lead after<br />
London panel success<br />
The Local Government team at <strong>Weightmans</strong> had cause for<br />
celebration as it took up its sixth local authority panel place<br />
in 12 months. The firm was appointed to the Outer London<br />
Boroughs Legal Consortium panel, where it will represent<br />
the 14 members over an initial four-year period.<br />
Howden appoints <strong>Weightmans</strong> to<br />
surveyors’ panel<br />
<strong>Weightmans</strong> was given a place on specialist Lloyd’s broker,<br />
Howden’s, newly created panel of law.<br />
September <strong>2010</strong><br />
p6 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p7
Tender win<br />
Personal acheivements rewarded<br />
Royal Mail appointment<br />
<strong>Weightmans</strong> celebrated a tender win, which delivered a six-year<br />
contract with national registered provider of social housing,<br />
Guinness Northern Counties Ltd.<br />
<strong>Weightmans</strong> beat off stiff competition to provide legal expertise<br />
on a range of housing management services. This is one of the<br />
UK’s largest housing associations, providing nearly 27,000 homes<br />
across the north of England.<br />
<strong>Weightmans</strong> raises £13,000 for GOSH<br />
<strong>Weightmans</strong> has been a long-term supporter of Great Ormond<br />
Street Hospital and this year brought the total fundraising<br />
contribution for the hospital to a staggering £42,000 since 2003.<br />
The sizeable contribution was the result of a year-long CSR<br />
challenge which saw our lawyers and support staff battle it<br />
out to host fundraising events.<br />
Legal award shortlist for CSR<br />
<strong>Weightmans</strong> was shortlisted for the ‘Corporate Social<br />
Responsibility Project of the Year’ category at the influential<br />
British Legal Awards.<br />
Noted for our innovative CSR policy when we made the shortlist<br />
in 2008, <strong>Weightmans</strong> has continued to dedicate time, resources<br />
and money to our five partnership charities and other charitable<br />
organisations throughout the recession. These consistent efforts,<br />
coupled with a firm-wide culture in which CSR is recognised to<br />
such an extent that all staff are granted two days’ annual leave<br />
to devote to charity work and volunteering – once again earned<br />
<strong>Weightmans</strong> a place on the shortlist.<br />
Diversity recognised in annual survey<br />
<strong>Weightmans</strong> was recognised for its dedication to equality in<br />
the workplace in the <strong>2010</strong> Diversity League Table.<br />
The annual report, compiled and published by the Black<br />
<strong>Solicitors</strong> Network, looks at law firms’ efforts to address gender,<br />
ethnicity and disability challenges by analysing the background<br />
of all associates, partners, paralegals and trainees.<br />
<strong>Weightmans</strong> ranked third best legal provider<br />
to public bodies<br />
<strong>Weightmans</strong> broke through the ranks to be named the third<br />
best legal provider to public bodies in the country.<br />
The <strong>2011</strong> UK Chambers guide published its first ever Public<br />
Sector Commentary, surveying over 150 of the UK’s largest<br />
public bodies to provide a report based entirely on client<br />
feedback. <strong>Weightmans</strong> received 14 mentions – only three<br />
mentions short of first place, which was shared between<br />
Eversheds and Pinsent Masons. In addition, the firm secured<br />
a joint first place alongside Sharpe Pritchard for local<br />
government work, with nine mentions apiece.<br />
December <strong>2010</strong><br />
<strong>Weightmans</strong> announced a string of promotions for <strong>2011</strong>,<br />
with the appointment of five new partners and nine associates<br />
across all five offices nationwide.<br />
Landmark judgment<br />
A landmark judgment was handed down by The Supreme<br />
Court, confirming the extent to which public sector bodies<br />
need to comply with EU Directives and Regulations when<br />
placing contracts for goods and services. Mike Green took the<br />
case of Harrow LBC (Brent LBC and LAML) v RMP to The Supreme<br />
Court and was successful in having the ruling reversed, which<br />
now permits such authorities to avoid procurement laws<br />
altogether, subject to certain conditions.<br />
January <strong>2011</strong><br />
February <strong>2011</strong><br />
March <strong>2011</strong><br />
<strong>Weightmans</strong> was appointed to Royal Mail Group’s panel of<br />
preferred suppliers for employment and real estate work.<br />
The firm is now the sole national supplier to RMG in England<br />
and Wales for a specific type of employment work.<br />
Top Employers award<br />
<strong>Weightmans</strong> joined 57 other companies across the country<br />
to be certified as one of Britain’s Top Employers for <strong>2011</strong> in the<br />
annual assessment by the Corporate Research Foundation<br />
(CRF) Institute. The firm’s relaxed and friendly environment,<br />
approachable management teams and positive feedback<br />
with regards to work-life balance and well-being, were all<br />
commended by the CRF Institute.<br />
Supreme Court decision<br />
<strong>Weightmans</strong>, acting for Zurich Insurance, secured victory in<br />
The Supreme Court in the first noise induced hearing loss<br />
claim to reach the highest court in the UK.<br />
The case, widely known as ‘The Nottinghamshire and Derbyshire<br />
Textile deafness litigation’, originally concerned ten test claims<br />
of noise induced hearing loss. Of those ten, it was only the claim<br />
by Stephanie Baker against Quantum Clothing Group which<br />
was brought before The Supreme Court. Had The Supreme<br />
Court found in favour of Mrs Baker, the floodgates for tens of<br />
thousands of noise induced hearing loss claims would have<br />
opened at the expense of the insurance industry.<br />
October <strong>2010</strong><br />
November <strong>2010</strong><br />
Vizards Wyeth Merger completed<br />
Introduction of boot camp for paralegals<br />
Six paralegals were recruited to an intensive three week<br />
induction programme within the firm, in a pilot scheme<br />
set to prepare them for a career in legal services.<br />
The new scheme was designed by the Learning and<br />
Development team.<br />
<strong>Weightmans</strong> labelled user friendly by<br />
national guide<br />
In the Chambers UK independent guide to the UK’s top law<br />
firms, our national healthcare offering was praised for its<br />
‘user-friendly’ client service, while Tony Yeaman, who heads<br />
up the Healthcare team, was cited as having ‘vast experience<br />
in health’ and understanding the issues clients had faced.<br />
<strong>Weightmans</strong> also retained a top tier ranking in the Personal<br />
Injury: Mainly Defendant category, with Head of the Large<br />
Loss team, David Holt, singled out for his work representing<br />
the Motor Insurers’ Bureau at the European Court of Justice.<br />
<strong>Weightmans</strong> and Vizards Wyeth formally joined forces and<br />
began moving forward as one firm.<br />
The consolidation enhanced the already excellent services<br />
that the two firms provided, offering greater resource,<br />
expertise and new opportunities for the client base.<br />
<strong>Weightmans</strong> announces merger with<br />
Mace & Jones<br />
<strong>Weightmans</strong> and Mace & Jones agreed terms to merge.<br />
The merger became effective on 1 May <strong>2011</strong>; further<br />
strengthening <strong>Weightmans</strong>’ position as a major national<br />
law firm.<br />
April <strong>2011</strong><br />
The firm’s Police team also retained a top tier ranking, with<br />
Martin Forshaw, Head of the National Police team, noted for<br />
his ‘towering reputation’ in the field.<br />
p8 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p9
Financial report<br />
A foundation for growth<br />
£ millions<br />
60.0<br />
50.0<br />
40.0<br />
30.0<br />
£ millions<br />
35.0<br />
30.0<br />
25.0<br />
20.0<br />
15.0<br />
20.0<br />
10.0<br />
10.0<br />
5.0<br />
Tony Cannon, Finance Director, reports on our financial performance in <strong>2010</strong>-<strong>2011</strong><br />
0.0<br />
2006<br />
2007 2008 2009 <strong>2010</strong> <strong>2011</strong><br />
0.0<br />
Commercial<br />
Insurance<br />
Public Sector<br />
The financial result for <strong>2010</strong>-<strong>2011</strong> is a reasonable one, particularly<br />
considering the time and effort devoted to the mergers with<br />
Vizards Wyeth and Mace & Jones in the second half.<br />
We reported an increase in turnover of 3% over <strong>2010</strong>, coming<br />
in at £57 million, which included some income from Vizards<br />
Wyeth for the month of April. Expenditure was just under<br />
budget. The PEP figure of £306,000 represents a fall from<br />
the exceptional high of £365,000 reported for 2009-<strong>2010</strong>,<br />
but part of this was attributable to the addition of three<br />
new Equity Partners from 1 May <strong>2010</strong>.<br />
As anticipated, there was increased pressure on fee levels from<br />
our clients, and we have responded robustly by meeting their<br />
requirements and maintaining the high-quality service levels<br />
that have underpinned our growth over the last five years.<br />
We have continued to work hard to reduce our bank borrowings,<br />
and indeed the relatively healthy state of our finances enabled<br />
us to proceed with the two mergers. Average borrowings over<br />
the year fell by 54% compared to 2009-<strong>2010</strong>, despite the increase<br />
in turnover, and the year-end balance of £2.5 million represents<br />
a 41% reduction of the April <strong>2010</strong> balance.<br />
Turnover growth<br />
£ millions<br />
6.0<br />
5.0<br />
4.0<br />
3.0<br />
2.0<br />
Turnover by Business line<br />
£ millions<br />
6.0<br />
5.0<br />
4.0<br />
3.0<br />
2.0<br />
We should acknowledge the very healthy growth in turnover<br />
over the last five years, coming despite the effects of the<br />
recession. Turnover in 2006 was £37.6 million and has increased<br />
by 20%.<br />
As we look ahead, management of cash is a major issue,<br />
as we absorb the costs of business which will increase in<br />
size by almost 40% in terms of budgeted income.<br />
1.0<br />
0<br />
2008/09<br />
2009/10 <strong>2010</strong>/11<br />
1.0<br />
0<br />
2008/09<br />
2009/10 <strong>2010</strong>/11<br />
Our insurance and public sector business lines exceeded<br />
their budgets for the year, but our commercial line continued<br />
to suffer from the effects of the recession and posted an income<br />
figure very similar to last year.<br />
Average borrowings<br />
Year-end borrowings<br />
Tony Cannon<br />
Finance Director<br />
p10 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p11
Merger<br />
The story so far...<br />
Managing Partner Patrick Gaul provides his account of both mergers<br />
John Schorah, Commercial Director, provides his view<br />
In the strategy we formulated in 2007-2008, we agreed that<br />
the firm should aim to merge with a commercial firm with a<br />
turnover of about £5 million over the course of the subsequent<br />
three years. The merger with Mace & Jones on 1 May <strong>2011</strong> fulfilled<br />
that part of the strategy, although the size of the merger was<br />
larger than we had set out to achieve.<br />
We transformed <strong>Weightmans</strong> as a commercial law firm<br />
overnight. We now have a commercial business line with a<br />
turnover approaching £30 million, with national credibility<br />
and a diverse range of commercial legal services at its disposal.<br />
In addition, our strategy has been to improve and increase our<br />
credibility in the insurance market. The acquisition of Vizards<br />
Wyeth’s insurance division has considerably strengthened our<br />
insurance offering for major clients, including in the South East.<br />
Both mergers take <strong>Weightmans</strong> to another level in terms of our<br />
capability, capacity and credibility. We employ over 1100 people<br />
and are now likely to be a top 40 law firm by turnover.<br />
In relation to both mergers, the important thing for <strong>Weightmans</strong><br />
was recognition that we were bringing a lot of people together<br />
into an established organisation with its own culture. We did<br />
a huge amount of work prior to the mergers to ensure that we<br />
were compatible. We were not simply acquiring business; we<br />
wanted to bring together people with complementary skill sets,<br />
who fit on a personal basis and want to work towards something<br />
bigger and better.<br />
As Managing Partner, I have been very determined that<br />
<strong>Weightmans</strong> should behave in a certain way, with particular<br />
values that make us an organisation that people want to join.<br />
It was absolutely essential for me that everybody who came<br />
into <strong>Weightmans</strong> would see that, and want to be part of it.<br />
I want the new <strong>Weightmans</strong> to be an exciting and dynamic<br />
organisation, always doing interesting things. The challenges<br />
are bigger, but so are the opportunities.<br />
The success of the negotiations was very much down to the<br />
diligence and skill of the teams representing Mace & Jones<br />
and Vizards Wyeth.<br />
Here is what those partners who were instrumental during<br />
the merger process have to say...<br />
The 12 months to the end of April <strong>2011</strong> have been<br />
transformational for our commercial business line. We have<br />
seen the firm merge with Mace & Jones, resulting in its<br />
integration into our business, along with 160 Mace & Jones<br />
employees. We have also seen our Property and Regulatory<br />
teams expand through the merger with Vizards Wyeth, and<br />
have acquired a team in Employment to head up our HR Rely<br />
offering in the Midlands. So far, the integration of the people<br />
and operations from the mergers has gone very well indeed.<br />
The mergers have allowed us to add even greater strength and<br />
depth to our five core practice areas of Commercial Dispute<br />
Resolution, Corporate, Employment, Real Estate and Regulatory,<br />
but also add new complementary practice areas of Construction<br />
and Family and Private Client. We have also extended our<br />
international reach with the membership of Legalink, with<br />
64 members in 48 countries around the world, as well as gaining<br />
in-house capacity in pensions and planning.<br />
Undoubtedly, the mergers have cemented our position as<br />
a major national commercial law practice, and very much a<br />
regional heavyweight in the North West. What is more important<br />
is the benefits the mergers bring to our clients. Clients are rightly<br />
concerned mergers do not adversely affect service or pricing.<br />
We have managed to allay those fears, and the overwhelming<br />
response from clients has been extremely positive. Moreover,<br />
there are a number of factors that should bring real benefits<br />
to our clients from the mergers. I have already mentioned the<br />
increased scale and breadth of capability that will help us deliver<br />
an even better service and level of expertise. Furthermore, as our<br />
clients grow we must be able to keep up with their needs. The<br />
benefits to clients go beyond resource though. We will be able to<br />
make our business more sustainable, allowing us to invest even<br />
more in service delivery and improve efficiency.<br />
I am sure the mergers will add great momentum to our business<br />
and be a really positive thing for our clients.<br />
Whilst trade remained relatively flat in the last financial year<br />
and we do face continuing uncertainty in the general economy,<br />
I think the outlook for this financial year will demonstrate real<br />
growth in our business line.<br />
John Schorah<br />
Commercial Director<br />
p12 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p13
Mace&Jones<br />
Dan Cutts, Insurance Director, shares his thoughts<br />
The biggest news of the year for the insurance business line<br />
was our acquisition of the insurance practice of Vizards Wyeth<br />
in London and the South East. We have known and respected<br />
the partners in Vizards Wyeth for many years, and they very<br />
quickly established themselves in their new roles. Clients of<br />
<strong>Weightmans</strong> and Vizards Wyeth could not have been more<br />
supportive, and this is a reflection of the similarity between<br />
the two firms’ cultures. I would like to thank all our clients<br />
for their continued support.<br />
Client reaction has been so positive that we are now actively<br />
recruiting in all teams in our new office. There has been an<br />
easy transition into our team structures.<br />
The Vizards Wyeth teams have brought us an industry leading<br />
Product Liability service. During the year we have also added<br />
to our Professional Indemnity and Property Litigation teams<br />
with partner level appointments.<br />
Richard Corran, the Managing<br />
Partner of Mace & Jones during the<br />
negotiation period, gives his view<br />
During its 84 year history, Mace & Jones was fortunate enough<br />
to form close relationships with a diverse and impressive<br />
portfolio of clients. Focusing on Employment, Real Estate,<br />
Corporate, Commercial Dispute Resolution and Family, Wills,<br />
Tax Trusts and Probate, the firm had a reputation which<br />
commentators said belied its size.<br />
However, it is the future that matters and the decision to seek<br />
a merger with <strong>Weightmans</strong> was a strategic one in light of<br />
the changes in the legal market and the likely changes from<br />
the Legal Service Act.<br />
A huge amount of work – both before and after completion –<br />
has gone into making the merger a success and my thanks<br />
go to everyone who contributed. However, that work must<br />
continue as we now build on what we have done, seeking a<br />
better profile and platform on which to market and develop<br />
our commercial services.<br />
The merger has been extremely positive for the former<br />
Mace & Jones side of the business, as we are now able to offer<br />
a greater breadth of services to clients, with improved support<br />
over a wide geographical area. Fresh opportunities have been<br />
created by putting the two businesses together. Clients now<br />
rightly expect a level of service, and particularly IT support,<br />
which require the investment only larger firms can achieve.<br />
The welcome given by <strong>Weightmans</strong>’ people to Mace & Jones<br />
people when we ultimately came together has confirmed our<br />
optimism that we were a good cultural fit. That welcome has<br />
been warmly reciprocated. The combined business has created<br />
a formidable commercial practice and a great team of people.<br />
The view from Vizards Wyeth is<br />
given by Jonathan Shaer and Brian<br />
Williams, who were both on the<br />
negotiating team<br />
Vizards Wyeth had a good reputation and some very good<br />
clients, but its size was insufficient to develop the business<br />
and relationships with clients to make the most of its potential.<br />
Size matters: the merger with <strong>Weightmans</strong>, a firm with similar<br />
expertise but also many other practice areas – and well<br />
respected by Vizards Wyeth clients – provided that opportunity.<br />
The benefits of the merger in this regard have already become<br />
apparent, even though we are only six months on.<br />
Integration is an ongoing process, and everyone is making<br />
tremendous efforts to make the merged firm a great success.<br />
An integral part of the successful merger is the continued<br />
support from clients.<br />
Joining with <strong>Weightmans</strong> has given a sense of security to the<br />
Vizards Wyeth partners and employees, which will result in<br />
greater contributions to the combined business from them.<br />
In turn we will bring a new dynamic and a fresh energy to<br />
<strong>Weightmans</strong>, and together we will be stronger.<br />
Dan Cutts<br />
Insurance Director<br />
p14 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p15
Key highlights<br />
Toasting this year’s successes<br />
<strong>2010</strong>-<strong>2011</strong> saw some outstanding performances and great wins across all three<br />
of our business lines. The Directors have provided a summary of the past year,<br />
highlighting the key achievements.<br />
Dan Cutts takes a look at what the<br />
past year meant to our insurance<br />
business line<br />
Our profile in the market and trade press is rising and we have<br />
worked hard to support our clients in policy issues; for example,<br />
at various workshops with representatives from the Ministry of<br />
Justice and claimant groups. This increased presence has helped<br />
to raise the level of interest in <strong>Weightmans</strong> from prospective<br />
clients. We have started to work for some very significant new<br />
insurance clients and nominations.<br />
Over the same period, we have developed and launched our<br />
new dashboard benefit reporting tool as well as the second<br />
generation of My<strong>Weightmans</strong>, our extranet facility. This,<br />
coupled with our global MI project, means that we are<br />
continually improving the transparency of our service to<br />
clients and striving to demonstrate and improve value at<br />
every opportunity.<br />
We can now offer our insurance clients a service that ranges<br />
from first notification of loss, through outsourced handling,<br />
to the full range of litigation services - including cases of the<br />
utmost severity and test cases in The Supreme Court.<br />
In summary, this year can be seen as one of the best in recent<br />
memory. We grew the business, worked more closely with clients<br />
than ever before on strategic issues, acquired a talented group<br />
of new colleagues from Vizards Wyeth, and even raised our<br />
profile and attracted some great new clients on the way.<br />
Andrew Cooper, our Public Sector<br />
Director, on the successes and growth<br />
in his team<br />
<strong>2010</strong>-<strong>2011</strong> saw further consolidation, growth through gaining<br />
places on consortia, and continued working with the other two<br />
business lines to produce an all-round public sector offering.<br />
The Local Government team had cause for celebration, after<br />
taking its place on a sixth local authority panel win in 12 months.<br />
We were appointed to the Outer London Boroughs Legal<br />
Consortium, where we will represent 14 members over an<br />
initial four year period.<br />
We also achieved success in The Supreme Court, when a<br />
landmark judgment was handed down in the case of A v<br />
Essex County Council.<br />
Following on from a string of local authority panel wins over<br />
the past year, we also made an impression, with the firm quoted<br />
as ‘up and coming in the local government world’, rising from<br />
Band 5 to Band 4 in the national Local Government category in<br />
Chambers UK, and from having no ranking at all to Band 2 for<br />
healthcare, non-transactional. The firm’s Police team retained<br />
a top-tier ranking, with Martin Forshaw, Head of the National<br />
Police team, noted for his ‘towering reputation’ in the field.<br />
John Schorah recalls the highlights for<br />
the commercial business line<br />
Our commercial lawyers had a busy and successful year,<br />
despite the continuing impacts of the economic downturn.<br />
The acquisition of Taygroup UK Holdings Limited, a distribution<br />
network with a turnover of £23 million, demonstrated our<br />
expertise. Disposal of the entire issued share capital of Media<br />
Molecule to Sony Computer Entertainment Europe Limited<br />
was also a highlight.<br />
The Corporate team also acted on the purchase by Bibby<br />
Distribution Limited of the entire share capital of Hargreaves<br />
Training (Holdings) and the remaining minority interest in<br />
System Group Limited, both for an undisclosed consideration.<br />
I, alongside some of my colleagues, worked on the setting up<br />
of ELTO with the Motor Insurers’ Bureau, dealing with company<br />
formation structuring and governance.<br />
One of the great highlights of the year was our success in the<br />
Royal Mail Group retender for employment and being awarded<br />
real estate work for the first time. We are now sole national<br />
provider for these two areas of work.<br />
Andrew Cooper<br />
Public Sector Director<br />
p16 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p17
Sarah-Jane Howitt, our Marketing Director, talks about clients, delivering<br />
results and enhancing relationships<br />
Bob Hetherington, our MI Partner, on our project to improve the clarity of<br />
our performance measurement<br />
Our guiding principle as a firm is to deliver results for our<br />
clients and success for our people. A key component in making<br />
that happen is our Generator Client Relationship Management<br />
(CRM) programme. CRM is all about understanding what our<br />
clients want, and ensuring they receive great service on all the<br />
work we do for them. The Generator programme aims to ignite<br />
the passion for CRM within all our client facing staff.<br />
<strong>Weightmans</strong> has undertaken formal CRM for a number of<br />
years, with 70 client relationships actively managed as part<br />
of our Generator programme. At the start of <strong>2010</strong>, we felt<br />
it was time to reinvigorate everyone involved in CRM and<br />
client relationships.<br />
We have always been clear that the cultural aspects of CRM<br />
are the most important. A focus on personal relationships,<br />
interaction with clients and consistently delivering a high<br />
level of service is far more important than CRM software.<br />
The Business Development team created a ‘Love CRM’ campaign<br />
to capture the attention of the business and inspire both CRM<br />
novices and experts to participate. The emphasis was firmly<br />
on talking to and about clients, not form filling, to help us<br />
better understand what our clients really want from their<br />
legal advisers.<br />
An on-going mantra of communication and collaborative<br />
working now takes place to enhance our client relationships.<br />
The Client Service teams for all clients in the Generator<br />
programme meet regularly to discuss developments, share<br />
ideas and monitor service delivery. They are provided with<br />
background research and management information about<br />
their clients each month, so they are up to date with what is<br />
happening in their clients’ markets and can offer commercial<br />
advice that helps clients achieve their own business goals. We<br />
have encouraged as many people as possible to get involved<br />
in managing relationships, so that CRM and great client service<br />
are now an integral part of the culture at all levels.<br />
The Generator programme has delivered tangible results<br />
for <strong>Weightmans</strong> and our clients. It is understood and<br />
talked about throughout the firm and by our clients,<br />
which demonstrates its value to all those involved.<br />
Achievements include:<br />
84% of <strong>Weightmans</strong> partners now rate CRM as highly<br />
important (source: internal marketing satisfaction survey<br />
June <strong>2011</strong>); a growing number actively ask for their clients<br />
to be part of the Generator programme.<br />
We gained an average client satisfaction rating of 8.1 out of 10<br />
in our latest independent client satisfaction survey undertaken<br />
by Acritas. The Acritas Sharp Legal Brands UK 2009 market<br />
average is 7.9.<br />
A 100% client retention rate at retender. Three major panels<br />
successfully renewed and appointments extended to include<br />
new areas of work.<br />
We receive regular feedback from clients that they feel we<br />
have revitalised our relationships with them and that our<br />
client service has improved.<br />
Sarah-Jane Howitt<br />
Director of Marketing<br />
The Management Information (MI) project was initiated to<br />
improve the quality and delivery of our external and internal<br />
management information.<br />
There was a realisation that the demand for MI from our clients<br />
was growing all the time and our system for data capture<br />
needed to be improved. The scope of the project then expanded<br />
to include a consideration of performance management, and<br />
the wider context of how differing contributions should be<br />
valued and measured within the firm.<br />
The last 12 months have involved a period of extensive<br />
consultation with the Board, practice area heads and client<br />
partners and clients, about the current and future requirements<br />
for MI and the creation of a standard framework to capture<br />
a core set of MI across the business. At the same time,<br />
development work has been ongoing to create a balanced<br />
scorecard dashboard that will be accessible online and provide<br />
a new set of performance measures, in addition to financial<br />
targets and a new series of reports to assist with management<br />
of the various levels of the business.<br />
The first stages in the implementation of the project have<br />
taken place, with the introduction of a new balanced scorecard<br />
appraisal for fee earners that is now completed online. In<br />
addition, the balanced scorecard methodology will be used for<br />
the business planning process, and in the future will feed into<br />
the setting of individual objectives that are consistent with the<br />
strategy of the firm, business line and practice area.<br />
The investment time codes have been amended to reflect<br />
the new areas of performance measurement, and will allow<br />
a more accurate analysis of how investment time is being<br />
used across the firm.<br />
The next 12 months will focus on the introduction of a new<br />
set of core MI for the firm and the balanced scorecard dashboard.<br />
This will involve an extensive period of training for all fee<br />
earners, so that there is a collective understanding of the<br />
new measures and how they will operate in practice.<br />
The new client reporting dashboard has already been made<br />
available to clients, and the target over the next year is for<br />
all client partners to have quality MI that allows them to<br />
report on a quarterly basis to their clients with an analysis<br />
that demonstrates the value <strong>Weightmans</strong> can add, as well<br />
as helping clients achieve their business objectives.<br />
There will inevitably be a steep learning curve during the<br />
introduction of the core MI and the balanced scorecard<br />
dashboard, given the extent of some of the operational<br />
changes. There has been real enthusiasm amongst client<br />
partners for the potential improvements in client service that<br />
the project can provide, and the ultimate aim is that MI becomes<br />
a real differentiator for the firm within its chosen markets.<br />
Bob Hetherington<br />
MI Partner<br />
p18 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p19
Peter Forshaw, Partner, on why we can be proud of our corporate<br />
social responsibility activities<br />
In light of the global economic challenges this year, we are<br />
particularly proud that CSR activity has remained a central part<br />
of our daily life at <strong>Weightmans</strong>, culminating in our shortlisting<br />
at the British Legal Awards for CSR Project of the Year. Not only<br />
was this gratifying recognition for our work, it enabled us to<br />
raise awareness of the plight of those with whom we work on a<br />
national scale. Through such publicity, event hosting, promotion<br />
and assumption of key roles on charitable committees, we<br />
strive to use our privileged position to persuade other equally<br />
resourceful businesses to follow suit and support those who<br />
need it most.<br />
Last year we maintained our support and fundraising for our<br />
five key charity partners (Claire House Children’s Hospice in<br />
Merseyside, MedEquip in Manchester, The Laura Centre in<br />
Leicester, Birmingham Children’s Hospital, and Great Ormond<br />
Street Hospital), as well as supporting national charity days for<br />
Children in Need, Comic Relief and MacMillan. Going forward,<br />
we are now in the process of changing some of our partner<br />
charities, as part of our commitment to our staff to support<br />
different favoured causes, but for those we are leaving, we hope<br />
that in some small way we have made a difference over the<br />
period of our relationship.<br />
A range of activities, from golf days to sponsored marathons,<br />
Christmas fairs to dress down days, enabled us to present<br />
further cheques to these partner charities. A donation to GOSH<br />
for £13,000 in October <strong>2010</strong> brought the total raised for them<br />
to £42,000 since our partnership began, and our partnership<br />
with Claire House has concluded with a total figure raised of<br />
approximately £50,000. Such vital funds have enabled these<br />
charities to keep beds open and provide essential medical care.<br />
Our membership of Leicestershire Cares has facilitated our<br />
involvement in a number of volunteer schemes, including canal<br />
clearance projects and charity premises renovation. We have<br />
worked with our clients to host and participate in activities as<br />
diverse as dragon-boat races, dance classes and sponsored treks,<br />
to enable them to fundraise for their own partner charities.<br />
We have also continued to undertake pure pro bono activity<br />
this year, an example being our Manchester office providing<br />
services to a local charity for the disabled to successfully<br />
defend an employment claim made against it.<br />
The money committed by the firm for CSR activity has been<br />
used to support individuals in their own charitable endeavours<br />
across the world, taking advantage of our Volunteer and Funding<br />
policies. This year, this included representatives from our HR<br />
team raising over £6,000 by walking the Inca Trail, a return<br />
trip to a Ugandan orphanage, a member of our Leicester office<br />
climbing Kilimanjaro for Cancer Research, and staff from London<br />
travelling to India to provide a sustainable energy source to<br />
deprived areas of that country.<br />
Next year will no doubt be another difficult year within our<br />
local communities and beyond. Our objective is to maintain<br />
and enhance the breadth of our CSR activity to support those<br />
who need it most in these difficult times.<br />
A return to Uganda<br />
Walking the Inca Trail<br />
Several local schools and universities have benefitted again<br />
this year from our delivery of careers advice and practical<br />
assistance on CV writing, negotiation skills and interview<br />
techniques. We continue our long term commitment in primary<br />
schools to deliver the ‘Right to Read’ scheme, and we have<br />
signed up as the first law firm in the Merseyside area to<br />
deliver the Citizenship Foundation ‘Local Lawyers in Schools’<br />
programme. As part of this, we are committed to recruiting<br />
other firms in the region to follow our example.<br />
Peter Forshaw<br />
Partner<br />
p20 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p21
And finally<br />
A word from our Senior Partner<br />
The economic climate has continued to provide a challenging environment for<br />
businesses across all sectors. It was a pleasure therefore to witness over the last<br />
year the very substantial efforts made by so many <strong>Weightmans</strong> people to tackle<br />
these difficulties, and particularly their efforts to engage with and assist clients.<br />
The highlights of the last year were many, but the growth<br />
of our business through mergers with Vizards Wyeth and<br />
Mace & Jones was undoubtedly the most significant. As a result<br />
of both transactions, we acquired new clients and new skills,<br />
and there have been a number of immediate gains which have<br />
provided a tremendous lift for our business. Both firms were very<br />
well known to us, and this has greatly assisted the integration<br />
process which, at the time of writing, is well advanced. We now<br />
have seven offices across the country, over 1100 people and our<br />
turnover next year will be touching £80 million.<br />
Whilst all of this has been going on we have continued to<br />
recognise our commitment to the community. CSR projects and<br />
events took place with increasing regularity, raising money for<br />
very worthwhile local causes. It is pleasing to see so many people<br />
across all our offices taking on this important responsibility.<br />
The legal profession eagerly awaits the impact of the<br />
introduction of the Legal Services legislation. There are<br />
different views as to whether this will turn out to be the<br />
“big bang” a lot of commentators are forecasting, but we are<br />
keeping a careful watch on developments; at the same time<br />
ensuring we do not take our eye off the ball. We will continue<br />
to concentrate on building an efficient, well managed and<br />
sustainable business.<br />
<strong>Weightmans</strong> has been able to build upon the successes of<br />
previous years, and for this we are grateful for the continued<br />
support from our many clients. I would also like to conclude<br />
this report by recognising the tremendous efforts of an excellent,<br />
very well motivated and committed workforce.<br />
I have noticed a number of relationships that have grown over<br />
this period through greater collaboration and problem sharing<br />
and solving, which has gone way beyond simply providing<br />
excellent legal advice.<br />
In this review you will have read of the important work the<br />
firm is undertaking for a large number of very substantial<br />
clients, through groundbreaking cases taken to The Supreme<br />
Court, involvement in major incidents and collaboration<br />
with clients in producing imaginative and innovative ways<br />
of working. In this way, our profile and reputation as a major<br />
law firm continue to increase.<br />
Ian Evans<br />
Senior Partner<br />
p22 <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> p23