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CM April 2020

The CICM magazine for consumer and commercial credit professionals

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ADVERTORIAL<br />

A SUCCESSFUL<br />

BUSINESS IS A<br />

PEOPLE BUSINESS…<br />

Paula Swain, who heads Shoosmiths’ debt recovery<br />

operation, maintains that investing in ongoing training for<br />

the communication skills required for dispute resolution<br />

is key for everyone in the team – including partners,<br />

experienced lawyers, legal executives and paralegals – to<br />

ensure continued success.<br />

CLIENTS, such as Robert Marr, Head<br />

of Legal, Apogee Corporation,<br />

have commented that Shoosmiths’<br />

commercial recoveries service<br />

is ‘at a much higher level than<br />

that provided by an ordinary<br />

commercial debt recovery solicitor’. Chambers,<br />

the highly respected guide to leading UK lawyers<br />

and trusted source of legal market intelligence for<br />

over 30 years, seems to support that view, ranking<br />

Shoosmiths as National Leaders (outside London)<br />

in 2019 for the work of its dispute resolution<br />

lawyers based across England, Scotland and<br />

Northern Ireland.<br />

Shoosmiths’ Scottish team, led by partner<br />

Andrew Foyle, underlined its increasing national<br />

presence and success by achieving the accolade<br />

Debt Recovery Team of the Year at The Herald Law<br />

Awards of Scotland 2019 – the fourth consecutive<br />

year that the litigation and recoveries team in the<br />

Edinburgh office has won the coveted award.<br />

The firm’s relationship as legal partner to the<br />

CI<strong>CM</strong> itself further reinforces the regard in which<br />

Shoosmiths operation is held. Shoosmiths will<br />

shortly assist the CI<strong>CM</strong> with an event in Northern<br />

Ireland, through its recently opened and rapidly<br />

expanding Belfast office and with Gillian Crotty as<br />

the lead litigation partner there.<br />

LOCAL PRESENCE<br />

Paula comments that a key factor in Shoosmiths’<br />

continuing success and recognition, which the<br />

Scottish award and all the other recognition<br />

reflects, is undoubtedly its genuinely national<br />

reach: “Given our spread of locations in 13 offices<br />

across the UK, you are never far from Shoosmiths.<br />

If we do need to value-add our service then we<br />

can provide a single source solution by calling<br />

‘‘If a case is being<br />

handled in our<br />

Solent office for<br />

example, but a<br />

settlement meeting<br />

would be more<br />

conveniently held<br />

in Manchester –<br />

or Edinburgh or<br />

Belfast – then we<br />

can accommodate<br />

that.’’<br />

on the expertise of litigation colleagues across<br />

our network at a location convenient for the<br />

client. This is supplied without the additional<br />

inconvenience and expense of travel that would<br />

otherwise be passed on. If a case is being handled<br />

in our Solent office for example, but a settlement<br />

meeting would be more conveniently held in<br />

Manchester – or Edinburgh or Belfast – then we<br />

can accommodate that.”<br />

That national presence is made even more<br />

attractive by a coherent and consistent approach,<br />

using the same case management systems,<br />

the same billing systems and structure and an<br />

identical approach to team management and<br />

client handling and reporting. Teams focus on<br />

a small group of client accounts, building a<br />

commercial understanding of the client’s business<br />

and credit management function. This includes<br />

how they deal with their trade suppliers in order<br />

to get a real understanding of the client’s aims and<br />

objectives.<br />

Monthly meetings involving the full national<br />

recoveries team discuss service delivery,<br />

improvement and CRM issues and how best<br />

to deliver value. Clients require the benefit of<br />

Shoosmiths’ expertise and commercially savvy<br />

advice on the right tactical approach. There is<br />

little point in offering a solution that pursues a<br />

legal principle if that would cost more than the<br />

debt itself.<br />

INTERPERSONAL SKILLS<br />

But Paula still maintains that, overarching all<br />

these important considerations, is the need to<br />

recognise that the firm’s only real assets are<br />

its own people and how they communicate,<br />

interact and deal with others. This conviction that<br />

communication skills and the ongoing investment<br />

Advancing the credit profession / www.cicm.com / <strong>April</strong> <strong>2020</strong> / PAGE 52

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