This Is Tees Valley This Is Tees Valley - Issue 1 2020 | Page 63

best for their clients and will do what is required to deliver, and they aren’t afraid to join forces. Deborah: The TVCA is promoting the area as a whole and it feels like businesses are in it together. We have the same approach with strategic partners; we align ourselves with professional service firms, banks and other organisations to create a network of preferred suppliers that we trust. We’re purely a business law firm, we don’t dabble in non-business law. Nigel: We have experience of this within our own organisation. As the region’s largest commercial law firm, we stick to our area of expertise, and this is the reason we have hand-selected strategic partners who share our values. We spend a lot of time learning about our clients’ businesses and we can refer with confidence. Simon: The region is full of businesses that are excelling in their field, we see this with our clients and suppliers. It is exciting to see the impact of this affecting business growth within the region. What can local businesses do to support sustained growth within the Tees Valley? Nigel: There seems to be a big push about supporting and buying local and businesses are embracing this trend. If you can source products and services from the Tees Valley, then you should. Nik: Businesses are investing within their teams and providing opportunities for a career in the Tees Valley. At Endeavour we have many success stories of trainees who have progressed to partner level across all our specialist departments. Simon: Our trainees get a hands-on training contract and a lot of our senior lawyers are people who trained with the firm and stayed. It has been one of the most effective ways of developing and growing the business and we have a very low staff turnover rate as a result. Deborah: 25% of Endeavour Partnership were once trainees. The reason why we recruit the number of trainees that we do is because we have every intention of keeping them. We invest in people from day one. Do you think the businesses within the region are being more commercial? Deborah: There seems to have been a shift in the way businesses are accessing finance. Grant funding seems to have died down and there are more people prepared to negotiate a small equity stake to an angel investor. Business leaders are embracing this method and aren’t as put off by it as they were previously. Our team works with many organisations who have done just that. Simon: The region is well known for its ability to get things done. By working together and engaging professional expertise, people are more informed, and this lessens risk. That positive drive combined with a "get-it-done" attitude is seeing businesses in the region thrive. Nigel: Tees Valley organisations are dynamic, it comes naturally. We were the first in the UK to create a Local Enterprise Partnership and in the vanguard of adopting a combined authority we have seen significant results since their implementation. Deborah: The TVCA seems to be a source of support for the businesses within the region and the mayor is active in promoting business growth. Leaders have access to an organisation where they can gain advice and support, and this seems to be having a positive effect. And finally... Nik: It is refreshing to walk around the region and see the investment in the area. There are positive attitudes and people are proud of what has been achieved. It feels like there is much more to come. Simon: Many of our clients have invested in development opportunities in both the business and leisure arena. We have been supportive with access to finance, securing funding, acquisition and construction property diligence. We are proud to have been involved in some of these projects. Deborah: The region is a great place to live and work, and individuals and organisations from outside of the area recognise this. Our expertise in all aspects of commercial law has seen our well-respected team work on some exciting projects recently. Nigel: Business is evolving, and the region is successfully integrating new and emerging industries, such as technology, alongside more traditional sectors. The joined up, innovative attitude within the Tees Valley has seen major successes locally, nationally and globally. “The region is well known for its ability to get things done.” Stockton-based Endeavour Partnership is the largest commercial law firm in the Tees Valley and their clients benefit from a respected and well-known team, specialist departments and multiple layers of expertise. The firm is aware of how important trusted and accurate support can be to allow their clients to remain focused on running their business. As the world of business evolves, the team are committed to exploring and staying ahead of the curve. A dynamic, personal approach, blended with a depth of business expertise, ensures they offer their clients a high level of insight and commercially valuable solutions. Contact Endeavour Partnership for your commercial law requirements: 01642 610300 enquiries@endeavour.law endeavour.law 63