Supporting Family Businesses today and for the future
Freeths are a proud partner of Family Business UK, and bring specialist expertise in helping family‑owned enterprises protect wealth, plan for succession, and navigate the dynamics that shape family‑run organisations.
Understanding the unique nature of family businesses
Family businesses sit at the heart of the UK economy, contributing not only to growth and employment but also to the character and resilience of local communities. They are often built on deep‑rooted values, shared vision, and long‑term commitment. At Freeths, we recognise that these businesses are not just commercial operations, they are legacies that represent families, built on deep-rooted values, a shared purpose, long‑term relationships and stewardship. Our approach is centred on understanding each business and providing bespoke support that balances commercial practicality with family priorities.
Collaborative, Cross‑Disciplinary Expertise
We know that family enterprises require more than isolated legal advice. Freeths’ Private Wealth team works seamlessly across our specialist legal teams from corporate to employment and family to dispute resolution to provide joined‑up solutions. We collaborate closely with trusted external advisors, including accountants, private banks, wealth managers, and governance consultants. Together, we ensure that families receive strategic, forward-thinking guidance that protects family wealth, business operations and the relationships that sustain it.
Helping family businesses navigate change, conflict, and growth
Family‑owned enterprises face a distinctive blend of opportunities and challenges. Our team regularly guides families through the full lifecycle of ownership, from structuring succession plans that are tax‑efficient and resilient, to adapting governance arrangements as the business evolves. Recent changes have created fresh uncertainty around eligibility and valuation, making informed planning more important than ever. By working closely with a specialist team, we deliver joined‑up strategies that safeguard family wealth while ensuring the long‑term stability of the business.
Managing internal dynamics is often just as important as managing finances. Whether families face differing visions for the business, questions around future leadership, or tensions between shareholders, our Private Wealth team helps to establish clear frameworks, decision‑making processes, and family constitutions designed to prevent disputes before they arise. When conflict does occur, we focus on pragmatic, timely solutions that minimise disruption and preserve working relationships.
Family enterprises must also contend with external pressures from rising costs and tighter margins to heightened regulatory expectations. Our lawyers work together to help families strengthen controls, adapt to growth, and protect both personal and business assets. We offer carefully structured solutions such as reorganisations, trusts, estate planning, and shareholder agreements, giving families clarity and confidence about their long‑term financial security.
By combining technical excellence, emotional intelligence, and a deeply collaborative approach, Freeths supports family businesses in building strong foundations, navigating change, and securing their legacy for generations to come.
More information is available on our website.