60-second interview with Amanda Simmonds

Amanda Simmonds 2018, 10/1/2018

Amanda Simmonds TEP is Senior Associate at Lupton Fawcett LLP in Leeds. 

What does your firm or organisation do?

Lupton Fawcett LLP is one of the oldest full-service law firms in Leeds, UK.

What has STEP done for you, individually, or as a business?

Many things. It provides a valuable professional network, and I am privileged to represent the North East of England on STEP Council. I am very lucky to have the time I need to fulfil the role, as my firm values, and has been able to see at first-hand, the advantages and benefits that position brings.

What is the most important thing STEP does, in your opinion?

Providing education and training. Our firm is a member of the STEP Employer Partnership Programme, and I’m mentoring two STEP students in our team at the moment.

You will be addressing the Family Business: Retirement and Capacity Issues for the Senior Generation Special Interest Group (SIG) event on 17 Jan. How are you involved?

I will be chairing the event. My role on the Business Families SIG steering committee is to help develop the SIG in the North of England

What do you most like about your job?

The variety of the technical issues I advise on, and meeting people.

.. and what do you feel is most worthwhile?

Helping families with the problems they face. Many of them have a substantial part of their wealth tied up in a family business, and this can present issues with succession. There’s also a need to balance the wealth between family members who work in the business, and those who do not.

What would you say to a young person thinking of a career in this industry?

Go for it. It is a very rewarding career.

Which sectors are likely to see the strongest future growth, do you think?

Business families is always an important topic, and the SIG has the largest membership of all the STEP SIGs. I can only see it growing further.

What about jurisdictions?

The fact STEP is a worldwide is a great advantage, especially as I increasingly have clients with international issues. It is great to know that I can find a TEP to help my clients locally in any part of the world. In fact, last year, we recruited a dual-qualified English and New Zealand Solicitor and TEP to be our new Head of Department.

What trends do you see in the global private wealth sector at the moment?

The further use of technology to make our lives easier, and give clients an efficient service.

What do you feel are the main challenges facing practitioners at the moment, and how will you deal with them?

Dealing with increased regulation. The new Trust Registration Service is causing a lot of work and headaches for us all.

Which social media channels do you use and why?

We use Twitter (@LF_Law) and LinkedIn to help with exposure, keeping both the firm and myself in the public eye, and to stay in touch with clients. We also find that using a Google Account helps with our search engine ranking.

 

Amanda Simmonds TEP is a Solicitor and Chartered Tax Adviser. She is a Senior Associate and Head of the Business Families Team at Lupton Fawcett LLP, Yorkshire UK. Amanda is a member of the STEP Yorkshire Branch Committee, STEP Council member for the North East of England, and sits on the STEP Professional Standards Committee.