The City of London and London generally is home to some of the most profitable businesses on earth. These businesses employ a significant number of the most talented and best paid people. However, considering the pressures on such professionals these days, it is not surprising to learn that these pressures often place a great strain on their personal lives, and indeed on their spouses’ lives.

We have a great deal of experience in dealing with financial settlements upon the breakdown of marriage for City Professionals, acting for both them and their spouses.

Remuneration Packages

Many City Professionals have much more complex remuneration packages than simple salaries. Remuneration packages can include share options which vest over a period of time, cash retention awards, sign-on bonuses, partner drawings/distributions, dividends, employee benefit trusts and offshore pension plans.

The founders and key players of start-up firms often take relatively low starting remuneration. Instead they anticipate an advantageous sale once the firm is a fully running concern. Such sales may involve significant tax issues.

Sometimes spouses believe that a sale is being negotiated but the city spouse denies it, which of course means a large discrepancy in valuations of assets.

When acting for the spouse of the City Professional, we make careful enquiries about the precise package that the City Professional is employed on, together with their expectations.

When acting for a City Professional, particularly bankers, we carefully consider that our client is not boxed into a position where they are paying such a high proportion of their assets or income that there is no allowance for the risks that they carry at the same time. This is particularly important when the market is volatile.

We have extensive experience dealing with many varied city occupations and businesses, ranging from banking, hedge funds and publishing to real estate and professional practices.

We use a full range of experts, including expert Counsel, forensic accountants, pension actuaries and other advisers to ensure that our clients receive the best possible advice in order to project their case in its best possible light.


 

A selection of the areas in which our clients live and work, in and around London:

Kensington & Chelsea City of Westminster
Holborn Hampstead & Highgate
Camden Wandsworth
Hammersmith & Fulham Islington
Finsbury Battersea
Marylebone Harpenden

 

We have a Central London office and an office in Richmond from which we serve our clients.

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City Professionals & Their Spouses

The scenario below does not relate to any individual clients of ours but the facts and the outcomes relate to some similar experiences in our practice.

The Scenario

Mr A and Mrs B were married for 20 years.  Mr A was German, but residing in England.  Mr A had been working as a successful trader in the City.  Unfortunately, the marriage came to an end.  At that point, Mr A claimed that all funds that he had previously accrued in an offshore employee benefit trust were subject to UK income tax at 50%.  Further, Mr A claimed that his bonuses were paid in shares, which would vest over a period of three years and he did not know how much those bonuses would be worth because they would be related to stock market performance.

Our Solution

We advised Mrs B that structures could be put in place in relation to the employee benefit trust whereby Mr A could be lent money from the trustees of the employee benefit trust, ie 50% of the value.  These funds could then be remitted to Mrs B.  Mr A would not have to pay any tax if he moved out of the United Kingdom and the funds from the employee benefit trust never came “on shore”.  In relation to the bonuses, we advised Mrs B that there was a simple solution in that she could simply take 50% of the bonuses when the shares are delivered to Mr A.  On that basis, she would equally share the risk with Mr A, but she would equally share the gain.

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Talitha offers sound advice, asks the right questions and advises you with what you need to know not just what you want to hear. I have no hesitation in recommending her services.

Sep 2021   Anu Vidyarthi

Henry took the time to go through all the details of my separation thoroughly. He was very clear on what my options were and what I needed to do to have a seamless agreement with my ex. Thank you for all your help!

Aug 2021   Sandeep Cina

Talitha provided a free consultation and could not have been more helpful. Her guidance was pragmatic and she managed my expectations both on costs and the process. Talitha offered practical advice to find a solution that could avoid going to court.

Aug 2021   Richard Doyle

I had an initial chat with Kevin, the senior associate. Extra ordinary talent to convince parties, very intelligent and I was wonderstuck at his brilliant knowledge of family law.

Aug 2021   Mrs. M. Merchant

I have nothing but positive feedback about this firm... Lorraine Imms from Brookman was absolutely brilliant... Her knowledge is exceptional and she has kept me informed through every step... I'd give ten stars if I could!

Jun 2021   Martin Byrne

Myself and my mother had a free video consultation with Mr. Brookman regarding my mother's divorce and were both impressed with his knowledge on divorce matters, professionalism and understanding. Henry then followed up with us with a clear plan of what he suggests we do...

Mar 2021   Bruna Cordeiro Pezzano

I had a consultation with Mr. Brookman and was impressed with his honesty, knowledge and understanding of my situation. He seemed to take a genuine interest in my case, which immediately put me at ease.

Mar 2021   Chichi

Very swift response and concise information. I had a very engaging free consultation with Mr Brookman initially which was informative and professional.

Feb 2021   Garry Ralph

I would like to say my experience with Mr Brookman was an extremely positive experience. His knowledge, advice and compassion put me very much at ease and made a very difficult situation much more bearable.

Feb 2021   Jenny Brock

Very helpful, and honest about my situation even though it wasn’t business for them at this time. Would recommend.

Jan 2021   Natalie Roche

About The Team

We are a specialist divorce and international divorce family law team, advising clients in the United Kingdom (specifically England and Wales) and throughout the world. We have a very people–orientated approach to working with clients. Henry Brookman has practised law for over 45 years, and our team has a wide range of skills and expertise. We are recommended by the Legal 500 and have been awarded the Law Society’s quality mark, Lexcel.

Partner

Henry Brookman

With over 45 years' experience, Henry Brookman is the senior member of the team. He is described by The Legal 500 as ‘shrewd, savvy, sagacious and highly experienced’.

Partner

Talitha Brookman

Talitha is a Partner in the firm and a very experienced practitioner. She has been exclusively practising family law for over 15 years and is a recognised expert in her field.

Partner

Philip Morton

Recommended by The Legal 500, Philip is an expert in all areas of family law, including domestic and international financial disputes, fraud and commercial dispute resolution.

Partner

Natasha Slabas

Expert in all areas of family law, often involving cases that have an international element, including work in relation to financial settlements following divorce.

Partner

Aziz Malik

Aziz is a Partner at the firm and is highly regarded for his expertise on financial matters in divorce and has been recommended by the Legal 500.

Senior Associate

Kirsty Kelleher

Kirsty is a specialist family law solicitor recommended by The Legal 500. An expert in divorce, financial matters, child-related disputes and contentious probate cases.

Senior Associate

Kevin Danagher

Kevin specialises exclusively in family law, advising on all aspects of relationship breakdown, divorce, same sex marriage, marital agreements, and international family cases.

Associate Solicitor

Jennifer Douglas

Jennifer is a talented solicitor, experienced in all elements of family law, including high net worth financial proceedings, Children Act proceedings and financial claims.

Associate Solicitor

Gavin Yeung

Gavin has excellent experience in family law including divorce and financial proceedings and international child abduction proceedings involving Hague Convention countries.

Senior Associate

Pippa Marshall

Pippa’s experience covers all areas of family law including divorce, financial remedies, same sex relationships, pre- and post-nuptial agreements and cohabitee property disputes.

Chartered Legal Executive

Lorraine Imms

With over 20 years' family law experience, Lorraine can advise on divorce, matrimonial finances, cohabitee disputes, nuptial agreements and private children matters.

Office Manager

Lorna Martin

Lorna is our Office Manager who oversees the operations of the firm including providing accounts support as well as secretarial support to the team.

Accounts Manager

Evdokia Dikova

Eva is an AAT qualified accounts manager and holds full AAT membership (MAAT). She gained her degree in financial accounting from the University of Economics in Bulgaria.

Secretary

Victoria Delatouche

Victoria is a highly experienced Legal Secretary and a long-standing member of the team. She provides secretarial support for the office.

Secretary

Michelle Louison

Michelle provides secretarial support to Henry Brookman. A very experienced family law secretary, Michelle has worked in law for over 12 years.

Front of House Manager

Patricia Antonio

Patricia is an experienced secretary and office administrator, handling the calls that come into the office, greeting clients, and managing office presentation.

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