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Paul is the National Head of the Real Estate group at Irwin Mitchell. He has extensive development and mineral extraction experience and has advised many major property companies in both public and private sectors over many years. These include the likes of Keepmoat PLC, J F Finnegan Limited and Bolsterstone Group PLC.
He has also advised many major organisations in relation to their property portfolios, including Lafarge, Sibelco UK, Arnold Laver & Company, Manchester Airport Group and the University of Sheffield.
Paul has a number of external appointments including being Chairman of Creative Sheffield, the Economic Development Agency for the City of Sheffield and Chairman of the Children’s Hospital Charity.
"National head of real estate Paul Firth has a strong standing in the local property market." One client says: "He is a good lawyer, very forthright and very amusing! He is at the top of his game and knows everybody in the property world. If he doesn't know something, he knows somebody who does." - Chambers & Partners 2016
Paul Firth is "very commercial, very good at pushing deals through and very dynamic." - Chambers & Partners 2015
Described as "charismatic" and "a businessman" - Chambers & Partners 2014
"Forthright, robust and decisive." - Chambers & Partners 2013
"a 'can-do' partner who puts his clients first." - Legal 500 2013
Now that Theresa May has revealed her hand, businesses need to start preparing for a hard Brexit, without access to the EU single market. The Government’s stated intention is to negotiate a free trade agreement with the EU including a customs agreement, but there is no certainty of outcome and Mrs May recognised this, saying that no agreement with the EU would be preferable to a bad agreement.
Businesses therefore need to prepare themselves for tariffs on manufactured goods of all sorts and food products, the cost of which will either have to absorbed by companies or passed onto the consumer, with unpredictable results. Supply chains may face disruption, particularly in industries such as aerospace where EU-wide accreditation is important.
The financial services sector is also important to the UK economy and a hard Brexit is likely to mean that businesses in the sector will lose their passporting rights, although negotiating an equivalence deal for some types of business will be a priority for the Government. This area will be closely watched but we can expect banks and insurers to move some staff to EU financial centres, a trend which has already begun, and to set up subsidiary companies within the EU.
Businesses are already sailing through choppy and unchartered waters the uncertainty will continue while the settlement with the EU is negotiated, notwithstanding that certainty is Mrs May’s first principle for the negotiation. The practical advice is to stay flexible and have both short and long term plans to cover all eventualities.
“Claire’s promotion adds further to our national real estate team. We have 40 partners in our national team in eight offices across the UK, offering a full service across the sectors and are committed to building this up further. We are delighted Claire is taking this opportunity and wish her every success in her new role.”
"It’s important for entrepreneurs to get off to the best start with the right support as the lifeblood of the economy.
"We are delighted to be supporting MADE for the third year running. It’s a fantastic event for those looking to start their own businesses looking for inspirational advice and support to push forward with their endeavours.
“We’re particularly proud that Andrea will be sharing her financial advice and it will be lovely to see Hannah Cockcroft take to the stage, as we have been there for her every step to Rio Paralympics 2016 as her proud sponsor.”
“The attractions of businesses to regions other than London has been highlighted for the first time since we began this survey, perhaps reflecting the still very high costs of doing business in the capital. That said businesses seem even more aware of the north / south divide and there is a strong call for infrastructure improvements and connectivity among regional cities to promote regional growth. But this needs to be funded. Businesses have made it clear they want Central Government to step in and help stimulate the economy by increased investment. Let’s hope that despite the change in Chancellor, the Northern Powerhouse maintains strong Government support.”
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