DAVID SMELLIE

FARRER & CO

City
London
Category
Employment Lawyers
Company Size
UK

The nature of remuneration is changing, with big PLCs drafting agreements that are ‘ever more complex and conditional’, says David Smellie — and it’s driving senior executives away from big establishments, he notes. ‘If anything, the trend is for my clients to leave the big PLC, bank, PE house, and set up with others in a more entrepreneurial environment — frequently with great success.’ Farrer’s employment head advises big brass from FTSE 100 and private equity spheres on a full range of employment matters, from entry, exit and remuneration to governance and regulation. The calm operator’s recent highlight has been a $50 million deal around the move of a senior executive from private equity to new business.

David Smellie