A wide range. Setting up social enterprises, advising on legal structures, constitutions and governance, creating financial instruments, managing capital raising transactions. It is hugely varied, which I enjoy.
There is huge policy support for social enterprise in the UK, so the legal system is changing and becoming more social enterprise friendly. We have a new tax relief for investment in social enterprises, which offers investors a tax deduction worth 30% of the value of the investment, which should encourage a lot more social investment. Sadly, the regulation of different legal forms is fragmented between different regulators.
I expect greater cohesion and rationality in the legal and regulatory system. I hope that in the next five years we will have a single regulator for all social enterprise legal forms – a Social Economy Commission.
I have been at Bates Wells Braithwaite now for nine years and I have loved every minute of it. Except for the odd late night, of course.
I believe that the best kind of social change comes about when people take responsibility. This is the beauty of social enterprise – it harnesses entrepreneurship for good. And those are the kind of clients I want to have. Clients who are highly motivated and professional but who are energised by the thought of making things better for everyone. It is a privilege to work for social entrepreneurs who are making change happen.
I once visited an Emmaus community workshop in which people at risk of homelessness were working together to renovate and sell second-hand furniture. It was hard work but there was an amazing sense of purpose.
Have no doubt that capitalism must reform and social enterprise is the future.