About the Award
The Family Business Advisory Practice of the Year award recognises a practice (which could be a sole practitioner, a discrete family business advisory practice within a firm, lawyers, accountants or a dedicated family advisory firm) that specialises in navigating the complex issues that arise in family businesses. Submissions should focus on advice regarding the competing dynamics between family and business and their governance, rather than simply on advising businesses that happen to be run by families.
Your entry should include the percentage of the firm’s total work that this area of work represents. You should only enter if your organisation focusses significantly and in depth on this area of work; if it does not, your entry will be unlikely to succeed.
Award Criteria
Focusing on the year 14 April 2023–12 April 2024 only, address all of the following five criteria: they are equally weighted.
- Provide examples of the development of knowledge and practice, beyond the core disciplines, relevant to the specialist issues arising in the context of family businesses and related families. (240 words)
- Provide details of relevant key cases (no more than three) handled over the relevant period, and how the business and family benefitted. (240 words)
- Explain your approach to advising families about responsible wealth stewardship. (240 words)
- Highlight the practice’s range of competencies and knowledge in the family business context and its support for continuing professional development and developing junior team members. (240 words)
- Demonstrate the practice’s commitment to the promotion and upholding of high professional and ethical standards. (240 words)
