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Q & A with Matthew Truelove

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Why is there a new Managing Partner at TWM?

Simply because having been in post for over 10 years in total, Patrick Stewart decided he wanted to step down from the role, and return to being a full-time lawyer. I have been elected as successor by my fellow partners, and am honoured to have been asked. I took up the role on 1 August 2013.

What has your role been at TWM up until now?

I have been with the Firm for more than 20 years, having joined as a trainee, and am a partner in the commercial property team. I have worked with all sorts of commercial property developers and investors through good times and, recently, more challenging times. I have also held various management positions over the years, including on the Firm’s Executive Committee, and have held office in various other professional bodies such as The Surrey Law Society.

What will the change mean for the management of the Firm?

It is my intention that noone will notice any significant changes. The Firm’s strategy is set by the Executive Committee, which I sit on, so it is all about continuing to implement our existing plans, just with a different individual at the helm.

What does the change mean for you in practical terms?

I am expecting there to be more of a management workload, but I will remain fee-earning, working for my current clients. I would miss the ‘cut and thrust’ of property deals too much if I took on the role full time. That is why a lot of the day-to-day issues will be shouldered by Andrew Hayes, a fellow partner and our Finance Director. This allows my role to be split 50/50 between management and fee-earning, and I will focus on strategy, and the development of the Firm and of our people.

What are you looking forward to most in the new role?

I take over the reins at time of real change for law firms. Competition is increasing, and we are seeing the emergence of new entrants into the market including the commoditised providers, such as the Co-op. We need to continue to make sure our service is exceptional, personal, and of the highest standards. We also need to continue to ensure that our service is provided in such a way that clients feel (and tell others) that TWM really do make a difference, compared perhaps to an impersonal volume provider located at the other end of the country. We have over 200 years of history and heritage at TWM, based on the development and maintenance of long term relationships with clients over generations, and I fully intend to continue that tradition.

What are you interests outside of TWM?

I am Father to three teenage children so that keeps me fairly fully occupied. Outside family and work, my passion is racing cars and motorbikes. I have competed in ten 24 hour races on Germany's Nurburgring Nordschleife circuit and at Silverstone, and currently drive a 1965 TVR Grifiith in historic races. My goal is to compete in the Goodwood Revival in the next year or two!