Family Business Services
Family businesses hold a unique place in the business world and structures and systems of governance tailored for each family are just as important for the running of the business as they are for the way that family members relate to each other.
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The role of the family members and the emotional and historic ties make a difference to the way that family companies are run, depending upon the level of participation of first, second or third and subsequent generations. Standard constitutions and shareholders agreements often “don’t fit” the family company model – whether the company is a general trading organisation or a vehicle for managing family wealth, often where that wealth originally stemmed from a family business which has been sold and there is a need to manage the wealth generated from a sale.
How we can help you
At Paris Smith we have a long history of working with family businesses. Our work has included:
- Setting up family charters or family constitutions
- Advising on and drafting models for good governance when it comes to family companies or groups
- Advising on and drafting family investment companies
- Advising on the interaction of family trusts owning shares in family investment companies and family investment companies
- Working with tax advisers to establish the best model for optimal tax efficiency and control of the family business
The Times “Best Law Firm” 2026 rankings
Paris Smith LLP is proud to announce its inclusion in The Times “Best Law Firm” 2026 rankings, marking the firm’s debut on this prestigious list. The recognition highlights the firm’s outstanding work in corporate and commercial deals, a testament to its commitment to delivering strategic, solution-focused legal services to businesses across the Central South and beyond.
HOW WE WORK WITH YOU
Whilst based in the South of England, with offices in Southampton, Winchester and Bournemouth, Paris Smith acts for businesses and families throughout the UK. Technology has enabled us to provide a high level of service to our clients whether they are local to our offices or not. Our advice can be given in many ways:
- Over the telephone
- Online appointments
- In face to face meetings
We will talk through how you would like to be contacted and the best ways for us to meet in our early conversations with you.
Introducing your key contact
How we’ve helped our clients
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