What you always wanted to know about Thring Townsend Lee &

Pembertons LLPPresentation for BOB Breakfast

19 October 2010

Ramona Derbyshire

There’s something about TTL&P

• A Limited Liability Partnership with 55 Partners and 310 staff

• Offices in London, Swindon, Bath and Bristol• Business divided into three business units;

Commercial, Commercial Property and Private Client

• Recognised by The Lawyer as being in the UK’s top 100 list

• Origins date back to 1800s

So what?

• Specialist advisors• Focus on client relationship versus volume

practice• Lawyers at all levels to provide the relevant

experience and knowledge at the best price• Understanding of local markets• Lower targets mean less emphasis on a

lengthy time sheet• Happy lawyers that talk your language!

What can we do for you?

•Conveyancing•Wills•Probate•Divorce •Cohabitation agreements•Tax and estate planning •Personal injury •Industrial disease•Insolvency•Construction •Licensing •Landlord and tenant disputes

•Debt recovery•Product liability •Commercial agreements •Terms and conditions •Business sales and acquisitions•Employment law•Commercial property – leases, acquisitions and disposals

So, what does Ramona do?

“Commercial Litigation”• Contract Disputes – Claimant and Defendant• Partnership and shareholder disputes• Negligence claims against professional

advisors• Debt recovery• Consumer disputes

“Dispute Resolution”

Debt Recovery; Ramona’s top tips (yes free advice from a solicitor!)

Why:• Protect your Crown

Jewels• Cash is usually the

most valuable asset for SMEs

• Can you afford to bankroll your customers

• Professional attitude

How:• Terms and conditions

(review and use)• Credit policies• Credit control procedure • Prompt action

The Late Payment of Commercial Debts (Interest) Act 1998My Hero

Business to business• Ability to recover

compensation fee on top of debt

• Ability to claim interest at 8% above Bank of England Base Rate

• Yes 8% above Bank of England Base Rate

Alternatives to Court action

• Insolvency – service of a Statutory Demand before or after Judgment

• Third Party Debt Order (garnishee proceedings)– Usually the bank – Can be debtors own creditor

• Charging Order (acts as security

• Attachment of Earnings

The sales bit!

• Specialist Services for Credit Management and recovery of monies

• Fixed fees, normally payable by the debtor

• Court Online

• Encourage good business practice to ensure your sustainability

Thank you

Any Questions?

These are presentation slides only and the information contained does not constitute definitive advice.

Thring Townsend Lee & Pembertons is the trading style of Thring Townsend Lee & Pembertons LLP, a limited liability partnership registered in England and Wales No OC342744 and regulated by the Solicitors Regulation Authority. The registered office is 6 Drakes Meadow, Penny Lane, Swindon SN3 3LL.

A list of the members of the LLP is available for inspection at the registered office, together with a list of those non members who are referred to as partners. The word “partner” is used to refer to a member of the LLP, or an employee or consultant with equivalent standing and qualifications.