Banner Default Image

UK Private Client Law

​Private client lawyers work with individuals and families, providing legal advice on a variety of matters such as investments, taxation, estate management, wills and testamentary issues. Private clients are usually very rich and high net worth individuals or landowners who hold massive amounts of properties and other assets. Private client lawyers also tend to deal with charities too. These might be small, not-for-profit associations or fully-fledged organisations that are run like a business and have immense budgets.

The main objective of a private client lawyer is to provide advice which will help preserve, build and maintain wealth and establish trusts. They will also offer prudent guidance on matters, such as inheritance tax and capital gains tax.

Why is it important? What does it involve?

The workload of a typical private client lawyer might be comprised of drafting wills, executing the terms of the will in the instance of death, and the subsequent disbursement of properties and assets. You will also help clients to look after and grow their wealth, locally or internationally. As such, private client lawyers will also be required to apply tax law in many cases. Most firms will have separate departments where private client and charity work is handled.

Private client lawyers working for charitable bodies will provide legal services for registration, restructuring, creating charters or trust deeds, compliance with statutory and local authorities and regular management and disbursement of funds, which have been received or earned for charitable endeavours. Other activities will include providing investment advice, helping to set up offshore trusts, drafting contracts and business proposals and handling sponsorships.

Private client practice is an ever-burgeoning field. Immense advances in several emerging markets have created a fresh breed of millionaires and billionaires across the globe. Consequently, lawyers in this area have their hands full with plenty of work, and there’s more to come in the future. There is also an increasing demand for lawyers specialising in private client and charity practice.

Break it down for me a little bit!

Private client lawyers must have excellent people management skills. They will need to handle communications, discussions and negotiations articulately and efficiently. A comprehensive knowledge of the law and commercial matters when dealing with taxation, inheritance, investments and trusts is essential.

They must have a particular aptitude for wading through tons of rules and regulations and be able to structure matters in a manner that is most beneficial to their client; saving on costs, whilst still being compliant with the law.

It’s advantageous for private client lawyers to have a good understanding of the foreign markets where clients hold their assets and funds. They may also need to interact and coordinate with people abroad and deal with organisations that operate offshore or in overseas tax havens.

These careers could involve some degree of international travel. However, there will also be long hours and, as always, an ungodly amount of documentation to get through.

​Ely (/ˈiːli/ (About this soundlisten) EE-lee) is a cathedral city in Cambridgeshire, England, about 14 miles (23 km) north-northeast of Cambridge and about 80 miles (129 km) by road from London. Æthelthryth (also known as Etheldreda) founded an abbey at Ely in 673; the abbey was destroyed in 870 by Danish invaders and was rebuilt by Æthelwold, Bishop of Winchester, in 970. Construction of the cathedral was started in 1083 by a Norman abbot, Simeon. Alan of Walsingham's octagon, built over Ely's nave crossing between 1322 and 1328, is the "greatest individual achievement of architectural genius at Ely Cathedral", according to architectural historian Nikolaus Pevsner. Building continued until the dissolution of the abbey in 1539 during the Reformation. The cathedral was sympathetically restored between 1845 and 1870 by the architect George Gilbert Scott. As the seat of a diocese, Ely has long been considered a city; in 1974, city status was granted by royal charter.

Ely is built on a 23-square-mile (60 km2) Kimmeridge Clay island which, at 85 feet (26 m), is the highest land in the Fens. Major rivers including the Witham, Welland, Nene and Great Ouse feed into the Fens and, until draining commenced in the 17th century, formed freshwater marshes and meres within which peat was laid down. There are two Sites of Special Scientific Interest in the city: a former Kimmeridge Clay quarry, and one of the United Kingdom's best remaining examples of medieval ridge and furrow agriculture.

The economy of the region is mainly agricultural. Before the Fens were drained, the harvesting of osier (willow) and sedge (rush) and the extraction of peat were important activities, as were eel fishing—from which the settlement's name may have been derived—and wildfowling. The city had been the centre of local pottery production for more than 700 years, including pottery known as Babylon ware. A Roman road, Akeman Street, passes through the city; the southern end is at Ermine Street near Wimpole and its northern end is at Brancaster. Little direct evidence of Roman occupation in Ely exists, although there are nearby Roman settlements such as those at Little Thetford and Stretham. A coach route, known to have existed in 1753 between Ely and Cambridge, was improved in 1769 as a turnpike (toll road). The present-day A10 closely follows this route; a southwestern bypass of the city was built in 1986. Ely railway station, built in 1845, is on the Fen Line and is now a railway hub, with lines north to King's Lynn, northwest to Peterborough, east to Norwich, southeast to Ipswich and south to Cambridge and London.

The King's School is a coeducational boarding school which was granted a royal charter in 1541 by Henry VIII; the school claims to have existed since 970. Henry I granted the first annual Fair, Saint Audrey's (or Etheldreda's) seven-day event, to the abbot and convent on 10 October 1189; the word "tawdry" originates from cheap lace sold at this fair. Present-day annual events include the Eel Festival in May, established in 2004, and a fireworks display in Ely Park, first staged in 1974. The city of Ely has been twinned with Denmark's oldest town, Ribe, since 1956. Ely City Football Club was formed in 1885.

Latest jobs