The 2021 Family Law Index is out now Find out more

Company

Penningtons Manches Cooper

Position

Partner

Index

Legal

Tax & Trust Advisers

Tax & Trust Lawyers

Location

London, United Kingdom

Advice type

Tax planning

Client types

Business owners

Families

HNW

Sector focus

Accounting

Business and Consumer Services

Profile

Laura Dadswell

Description

A highly rated tax lawyer with a head for complexity, Laura Dadswell is keen to point out the need for simplicity – and staying ‘grounded in the real world’ – when it comes to giving good advice. ‘When advising a client, I always try to put myself in their shoes and imagine what I would make of what I’m telling them,’ she says. ‘That way, not only is my advice tailored and bespoke to the client and their family, but it’s also digestible to non-lawyers. Most importantly, this approach also means communication is more effective, and the long-term relationship will be stronger and built on understanding from both sides,’ she adds.

With a loyal HNW client base on both sides of the Atlantic, Dadswell offers a colourful précis of her typical client requests. ‘It could be a member of a foreign royal family (or, more likely, their gatekeeper) with a new property purchase; an English Earl concerned about maintaining IHT reliefs on the family estate; or the owner of a family business who has just found out an employee is alleging bullying treatment and is threatening to go public.’

She has a simple way of knowing when she has passed the test of being regarded as a ‘trusted adviser’. ‘It’s when you’re the first person a client calls when they find themselves in a tricky situation – even if said tricky situation has nothing to do with your legal expertise,’ she says. ‘A call one Sunday from a client whose son had been stopped at Heathrow because he tried to smuggle in his recently and secretly married wife on a visitor visa, for example.’

It’s perhaps no surprise that Dadswell’s clients can’t get enough of her advice. Asked to give a pivotal moment from the last year, she proudly recalls receiving an invitation from a client to take up a non-exec board role at the family company. ‘It signalled a move from being the acknowledged “legal expert” to being recognised as someone able to add value on a broad range of issues facing the family and the company,’ she says.

Another highlight was her work on the firm’s inaugural private wealth magazine, Context. Rather than the typical legal briefing, the publication follows the firm’s ethos of focusing on the wider trends that affect the lives of HNW families. The first lead article, for example, looked at the comparative merits of schooling in the US and UK.

A member of the Society of Trust and Estate Practitioners, Dadswell is a regular speaker at wealth and private client conferences in the UK, US and elsewhere. As well as editing Butterworths Wills Probate and Administration Service, she is a contributor to Practical Law’s Private Client Guide.

Rank: Recommended

Recommended 2020, Tax & Trust Lawyers

Address

125 Wood Street, London, EC2V7AW, United Kingdom

Email

laura.dadswell@penningtonslaw.com

Phone

44 (0)207 457 3158

Share on
Network connections