• From launch to succession; the culture and business of law

  • Sep 18 2024
  • Length: 30 mins
  • Podcast

From launch to succession; the culture and business of law

  • Summary

  • Victoria Cannon joins the latest Today's Family Lawyer podcast to discuss her experiences of launching, running and ultimately exiting her family law practice. With a relatively unique journey into the profession, Victoria brings a range of life and personal experiences to her role now, as Head of the Family Team at Hugh James.

    She talks about her decision to focus on family law and the challenges of setting up her own firm... the discussion covers regulatory and compliance, professional indemnity insurance, managing staff, business development, and much more.

    Victoria explores the period of upheaval in legal services during which the introduction of the Legal Services Act and the associated deregulation of legal businesses had an impact; as did successive governments' falling investment in Legal Aid.

    The discussion moves on to the importance of having senior leaders in the business who understand management and have business acumen; as lawyers we're not trained to be business people says Victoria, so we must learn it as part of our ongoing development.

    And the podcast finishes with Victoria explaining how she began the process of deciding she was going to sell her firm in 2022 and what steps she took as part of that succession planning process.

    What is clear throughout the discussion is Victoria's passions for the law and family legal services... but would she do it all again if she had the opportunity now... you'll have to listen in to find out!

    The Today's Family Lawyer podcast is available on your preferred podcast provider and at www.todaysfamilylawyer.co.uk.

    Subscribe to Today's Family Lawyer to receive our FREE weekly newsletter, out every Thursday and listen in to the podcast to hear all the latest news and views from across the family law sector.

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