We wanted to celebrate our 12 days of Christmas by reflecting back on some of the year's successes and highs. We've selected stories from throughout the year for you to remind yourself of during the next 12 days. It is a celebration of the wonderful spirit and commitment shown by all our staff in what has been a challenging and difficult time for everyone. Happy Christmas and here's to 2021.
Our Covid-19 legal hub, was a great testament to the hard work and commitment of our lawyers who dedicated extra time and effort to create a bank of useful articles, updates and legal guidance at a time when legislation was fast adapting and changing with the pandemic. Since its launch in late March, our Covid-19 Legal Hub articles have been read over 35,000 times offering useful advice to many of our clients and a wider audience on the web.
Today's door highlighted our corporate success in a EOT sale with Tri-Fab. Over the past year we have seen the resilience of UK businesses and throughout the pandemic our corporate team have undertaken transactions of a value of over £140m. Andrew and Sian did a fantastic job on this Tri-Fab deal, establishing an Employee Ownership Trust (EOT) and the selling of the Company to that Trust to enable the owners to cement a successful business succession. There have been an increasing number of disposals to EOT’s in the press recently, it was good for us to act on another one in the Tri-Fab deal and Andrew’s team also expects to complete a further one before Christmas. We are confident that Tri-Fab will continue to go from strength to strength with an additionally motivated workforce.
Racism has no place in our society. Today’s door held particular importance in recognising the need for us all to commit to challenge racism in all its forms and to make changes in our organisations and communities. 12 June 2020 was a significant moment for Sussex law firms when we made a joint commitment to do more. Effecting change is difficult. Effecting change in terms of racism is particularly difficult and involves and starts with a series of personal and uncomfortable questions and challenges. This commitment was just the start for PDT and we have since formed a diversity and inclusion action group focusing on how we can carry through our commitment and make real and systemic change.
Another high from 2020, the release of the sixth edition of Noel's book, Salinger on Factoring. Noel and the PDT Asset Based Lending team are widely considered to be leaders in their field amongst the asset based lending community, and Salinger is unquestionably the most comprehensive guide to factoring and invoice finance law in the UK. Co-edited with leading commercial barrister, Simon Mills, updating this next edition of the book was no mean feat for Noel, especially alongside his normal busy workload. As well as the considerable effort required from Noel, many of our Asset Based Lending team submerged themselves in many pages of proof reading of an evening (so thanks again to Sian, Ian, Laura, Justin, Ruth, Claire and Victoria).
I shared an article which highlighted the strengths shown by our staff and how the shared experience of working differently throughout the pandemic has bought real positives. We discovered new ways to nurture and build connection and collaboration with all who work for and with us. We want to learn from this experience and we are putting together an office blueprint which will demonstrate how we can work together as a firm in the future.
Today I wanted to share with you how in May, at the height of the first wave of the pandemic, we made a decision to acknowledge the achievements of our staff and make promotions. Our culture and values are all about encouraging and developing our staff, offering support and praise, and recognising their achievements, so congratulations to Holly Goacher, Rosie Haines, Elise Sherwell, Sian Webber and Laura McMaster.
Today's door opened to a page of some of the positive client feedback we've received this year. Our aim is always to deliver the best PDT experience for you, and we work hard to be able to provide you with the best, solid advice and support. As your trusted legal advisors, the twists and turns in the complexity of a matter, the feeling of competing a sale or a winning successful case is part of why we dedicate ourselves to the legal profession. However, your positive words, thank you's and recommendations to others when we have done a great job is a real boost for the whole team and really makes the hard work worthwhile. Thank you for this.
Ranking as a leading UK law firm for another year in 8 of our practice areas and 15 of our lawyers being highlighted as recommended lawyers was a great achievement of 2020, and a reflection of the positive and inclusive culture which we are creating within the firm. Whilst it is always nice for individuals to receive recognition for their work it would be wrong in these listings not to acknowledge the great team that is PDT and the contributions made by everyone across the firm that allows individuals to shine. These rankings are an acknowledgement of everyone’s contribution to this and their unrelenting hard work.
This brochure highlights the ways in which we can support you throughout all the opportunities and challenges you face. As your trusted legal advisors we work hard at getting things right. We listen. We become your soundboard. We nurture a deep understanding of your business to build a truly strategic partnership with you. We hope to provide you with more of the same in 2021.
One of our key commitments as a firm is that we look after each other. As part of our ongoing commitment to our staff and their health, and in response to the ongoing pandemic, we commissioned the health team from Pillbox Chemists Group & Health-Clinic to deliver an onsite health check to all our staff. The experience sparked important conversations focusing on everyone’s overall health and wellbeing and really helped generate a sense of togetherness in what is a health challenged time.
Today we celebrate how we recently advised the management sellers on the successful sale of the Advantedge Commercial Finance group, a specialist provider of invoice finance and factoring to small and medium sized businesses in the UK. It is further evidence of the way in which throughout 2020 UK industry has demonstrated resilience and progress within a challenging and changing environment.
Whilst our firms “giving and helping” drive has been hampered by this year’s events as we head into 2021, we are committed to drive it forward. We are supporting local initiatives helping with school uniform provision and breakfast clubs as well as allowing staff to do whatever they want in terms of “giving and helping”. This year, we have also donated our Christmas party spend to a charity working with children and schools in the local community. It seems wrong that in the 21st century it takes a footballer with a number 10 on his back to force another number 10 to take action in the basic area of child hunger but perhaps the events of this year will allow us all to rethink how we can each give and help. Perhaps something good, something strong, something sweet will come out of this year after all.
We are having a break for Christmas which I think this year everyone needs. We have got lots planned for the new year and are looking forward to continuing working hard for you in what is undoubtedly going to be another challenging year.
But now I think it just right to simply say. Happy Christmas everyone.