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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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Could mediation save the future of your family business?

peter

Family businesses face most of the same challenges and difficulties as all other businesses, but have the added complication of involving important personal relationships. Such relationships can cause the business to have different considerations and priorities, and when things go wrong, the consequences can be even more severe. In our experience, problems relating to ownership and management of a family business tend to be less prominent during the first generation of ownership, but we typically see problems start to arise when the second generation of family members is looking to step in or take over.

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Family business succession planning: Should you get separate legal advice?

peter

Running a family business can be all-consuming, but taking time out to plan for the future is important, and doing this properly is the key to successful succession planning.

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The Scotsman: Family Business – taking a leaf out of Liverpool manager Jurgen Klopp’s book

Peter Shand family business lawyer

Murray Beith Murray Partner, Peter Shand, writes in The Scotsman today about the rising trend of the super-wealthy in setting up finance and legal offices to deal with their affairs.

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How life events may affect your family business

peter

Family businesses are an integral part of the economic health of Scotland, and in light of the COVID-19 pandemic, it is more important than ever that we as professional advisers, assist our clients in overcoming their legal and practical problems.

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How to handle family business disputes

peter

Family businesses face the same challenges as every other business. However, they have the added complication of involving highly personal relationships. When conflicts arise, there is much at stake and commercial decisions can be influenced by the way people feel, unresolved family tensions, or things that may have happened in the past. As a result, it is not only the matter at hand that needs to be effectively managed but the people involved in the running of the business too.

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