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Clare Maurice has found herself in the unusual position of running a predominantly female firm. ‘For whatever reason, women in particular are attracted to private wealth law,’ she says.
As a founding partner, Maurice has nurtured the firm from infancy and is ‘incredibly proud’ of its excellent reputation. Ten years on from setting up MTG after a career at one of the largest law firms in the world (where she was the first woman to be made partner), she has come to the conclusion that ‘I rather enjoy running a law firm’.
Maurice believes the general election result has upset the trajectory we might have been on – lower corporate tax rates, steady and predictable inheritance tax rates and relief – leaving tax professionals in limbo. ‘The real challenge has been dealing with clients who come to us with all manner of politically related questions which we simply haven’t been able to answer,’ she says.
Another example of upheaval is the ‘shudders across the fens’ caused by signs that government is beginning to act on the opinions of market observers who believe agricultural property relief ought to be curtailed. However, Maurice is confident that her small and ‘nimble’ firm is well positioned to help clients navigate the chaos of the tax reforms.