HF, one of the UK’s leading legal advisers in the insurance and commercial sectors, has launched an All Employee Share Scheme. The scheme leads the way for the legal sector, reinforcing HF’s ambitions to turn the traditional law firm model on its head and putting its people at the centre of its success.
The scheme recognises that every employee is an integral part of the company. Everything they do and every decision they make will help to drive success not just for the business, or in the interests of a few senior partners , but for them personally as owners of the firm. It brings those conducting legal services and those within support functions together with a personal and common aim to drive the success of the business as a whole
Ronan McCann, CEO & Managing Partner at HF said, “I’ve wanted to do this for a long time, to genuinely involve all our people in the success of our business. This is a ground-breaking move for a law firm and aligns perfectly with our culture and drive to be different and innovative. We say that we are people, not just lawyers, and we’re wholly committed to maintaining that difference for the benefit of our people as well as our clients.”
The Share Incentive Plan will enable all employees, who have been with the company for over a year, to own Shares in Horwich Farrelly Limited. The scheme will allocate shares from the start of this year and is available to all eligible employees.
John O’Roarke, Chairman at HF commented, “HF has an outstanding, people centred culture and prides itself on not being a stereotypical law firm. This latest move is something we’ve been working towards for a while and I’m excited for the future. Sharing ownership in this market-leading way supports our people and client-focused culture as well as positioning HF as a great place to work.”