With a reputation built on years of industry expertise and a large team of specialist private client lawyers, the Penningtons Manches private client team provides innovative, clear and tailored solutions for UK and non-UK based clients.
Our services range from personal wealth management, UK and international tax planning and asset protection to advising family offices, family businesses and fiduciaries on their clients’ diverse issues.
Consistently acknowledged as one of the top private client teams in the UK and recognised by all major guides to the UK legal profession, our full service team retains its reputation by understanding our clients’ objectives and working with them to deliver results. Chambers UK describes us as 'an absolutely first-rate firm with excellent private client practitioners … their advice is always tailored to get what the client needs'. The Legal 500 notes that we are ‘certainly one of the best in the field ... their combination of sensitivity and technical knowledge is as good as it gets'.
Our private client team is regularly nominated for and wins awards and there is widespread industry recognition of the team’s strength and depth across our network of offices. Recent accolades include the Citywealth Magic Circle Award for Law Firm of the Year 2014 as well as the inclusion of eight members of our team in the Citywealth leaders list, a listing in Private Client Practitioner magazine as a top 25 private client law firm and one of the top 25 most admired companies across the industry; the inclusion of two partners in Private Client Practitioner’s 2014 list of the ‘50 Most Influential’; and our nomination for the 2013 STEP Award for international legal team of the year.
Reviewing offshore structures holding high value properties in the UK for domiciled and non-domiciled clients following the provisions of the Finance Act 2013 and advising on the purchase of the UK properties post FA 2013.
Advising an ultra high net worth client on the establishment of an excluded property trust worth around £80 million in advance of his becoming deemed domiciled in the UK.
Acting for a significant group of private companies on the tax consequences of a change of tax residence by a major Italian shareholder as well as the consequences for him and his family.