Fixed Share Insolvency Partner
We have been retained by a national accountancy practice with a strong presence across the south of the UK to help identify a Fixed Share Insolvency Partner for their London office.
The firm has strong global connections and an international membership that allows for greater client reach with all service lines now benefiting from such a network including the Business Restructuring (BR) division.
The BR team works very closely with the wider corporate finance department and effectively operate as one advisory unit. They advise clients on a range of formal insolvency and more advisory based engagements including accelerated M&A processes (AMA) and distressed turnarounds. The core work however is corporate based insolvency appointments mostly consisting of Administrations and pre-packs with some CVLs, MVLs and a few voluntary arrangements and bankruptcies.
With the insolvency market anticipating growth, the board have signed off on the recruitment of an experienced insolvency professional to join as a fixed share Partner with the view to this individual expanding upon the firm's existing London contact base.
You will be expected to continue winning work from your network of contacts in London and surrounding regions with the view to also expanding the team's existing headcount. Depending on your success, the firm is prepared to progress this individual up to an Equity Partner in due course. There isn't a ceiling here.
The expectation is to hire an IP with a recent track record of winning a minimum of £250,000 - £400,000 a year. Those generating more may be considered by the board to enter in as Equity Partners from day one.
We feel very privileged to be able to partner with this organisation to help identify an Insolvency Practitioner who can take the BR and wider advisory division to the next level. The rewards will be great for the successful applicant that can push our client forward in the London market.