Richard Isham

Partner

Employment




T: +44 (0)20 7395 3133
risham@wedlakebell.com

Richard Isham's LinkedIn profile

Expertise

Richard specialises in UK and cross-border employment, data protection, whistleblowing, confidential information, UK Bribery Act and FCPA advice for UK and, mainly, US businesses. He advises senior executives on joining and leaving companies.

He also has experience of advising those transferring from plc’s to private equity-backed portfolio companies on remuneration, management shares, the “grant, vest, exercise” cycle, performance targets, the “waterfall” effect, ratchets, good leaver/bad leaver terms, including malus and clawback provisions. Richard also advises on Director duties, the appointment of NEDs and aspects of corporate governance.


Recent Experience

  • Advised on and project managed advice for a US based multinational on deduction from wages issues across 25 jurisdictions.
  • Advised a US headquartered biotech business on the employment and HR documentation required for their staff in 12 jurisdictions.
  • Advised a UK based business on restraint of trade issues, option plan rules (good leaver/bad leaver, malus and clawback) and on the terms of a shareholders’ agreement and Articles in relation to a prospective team move.
  • Advised a former Minister on his obligations under the Ministerial Code and the Business Appointments Rules and drafted the Appointments Application for submission to the Cabinet Office.
  • Advised an executive leaving a PLC for a PE backed portfolio company (equity, sweet equity, the “waterfall” etc.). Subsequently advised him on his exit from that role (the company having IPO’d and subsequently being delisted on a trade sale) and on his new terms on joining another PE backed company.

Career History

Richard graduated from the University of Exeter with a Law degree (LLB Honours). He qualified as a solicitor in 1986 before joining Wedlake Bell in 1988. He became a partner in April 1996 and set up the firm’s employment team in 1997. He is now responsible for the firm’s international alliances, is the current President of our European alliance, TELFA and sits as a non-executive director on the Board of USLAW Network Inc. He is a member of the ELA. Prior to joining Wedlake Bell, Richard qualified as a legal aid lawyer and then worked in New York city for a year.

Richard is the Chairman of a charitable trust that has property, art works and a farming business; he also does voluntary work for the charity Respond helping young adults who have been in contact with the criminal justice system.


Publications

Richard is the author of the chapter on Age Discrimination for Tolley’s Employment Law and the chapter on “Removal of Directors” for The ICSA Directors’ Handbook.


Insights

Possible post-Brexit models for engaging with the EU

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Comparing UK and Australian financial conduct regimes

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EAT rules Uber drivers are workers

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Employment law – hot topics for 2018

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SMCR – unanswered questions

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Brexit – A guide to what happens next

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Pay cut for male BBC stars ‘would be unlawful’

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Legal professional privilege: Does it exist when there are criminal investigations?

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May, 29 March: We leave the EU! Tusk’s response, 31 March

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Tusk tusk – May: We leave the EU!

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Supreme Court decision on serving the Article 50 notice: What does it mean and is it a harbinger of what Brexit negotiations will be like?

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Thought for the year: From a binary to a non-binary world – social progress, but legal challenge?

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The gig economy

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Constructive knowledge: Constructive guidance from the Court of Appeal in a disability case

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Tomorrow’s City, Today’s Challenge – managing tomorrow’s people today

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TERMINATION PAYMENTS – THE NEW TAX RULES

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When managing wealth affects mental health – Richard Isham comments for Private Banker

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Absence due to mental ill-health is on the rise, report business leaders – Richard Isham comments for People Management

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Restrictive covenants: why it is important to get employment contracts signed (and other vital lessons)