The Private Client team from Burges Salmon has been named 'Legal Team of the Year – Large Firm' at the STEP Private Client Awards 2015/16.
The winners were announced at a dinner and awards ceremony attended by over 700 private wealth professionals in London on Tuesday 8 September 2015.
The firm's Private Client team received the award on the basis of the continued advice it has provided to clients on ground-breaking transactions, as well as the breadth and depth of its private wealth practice in general.
Over the last year, the team has strengthened its relationships with the world's largest trust companies, provided cutting-edge product opinions to many private banks, lectured to over 1,000 professionals on GAAR, and instituted a multiplier-relationship management (MRM) programme with its key institutional clients.
The STEP Private Client Awards are one of the most prestigious in the private wealth sector and are highly sought after. This year they attracted over 200 entries from 17 jurisdictions and there is a rigorous independent judging process. Now in their 10th year, the awards recognise outstanding and complex work by solicitors, lawyers, accountants, trust managers and financial advisers across the private wealth sector.
John Barnett, a partner in Burges Salmon's Private Client team, said: 'Having been shortlisted on a number of occasions for this award, we are thrilled to have been successful this time. Our submission focused on the strength-in-depth of our private client team and the way in which we are able to draw in specialists from across the firm's Corporate, Real Estate and Disputes and Litigation teams to provide a seamless service to our clients. The award was won by the whole team and I was delighted to accept it on their behalf.'
The Burges Salmon team acts for high and ultra-high net worth individuals, private banks, trust companies and family offices across the UK and in a number of international jurisdictions from its offices in London and Bristol. This year has seen the team consolidate its position as one of the UK’s top private client teams. The team is in growth mode, the goals being to expand and win the very best and most complicated tax and private wealth work. In the last four years, the team has appointed three new partners (Jim Aveline, Sarah Hoskinson and Suzanna Harvey).
Burges Salmon’s Senior Partner Alan Barr commented: 'This firm and our clients have known for many years the outstanding quality of our Private Client team acting for clients across the globe on complex private wealth work. I am delighted that the quality of their expertise and advice has been rightly recognised by the industry in winning this prestigious award.'