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CICM chooses Shoosmiths as new legal partner

UK law firm Shoosmiths has been chosen by The Chartered Institute of Credit Managers (CICM) as its new exclusive legal partner for 2019-20.

CICM is Britain’s largest and oldest recognised body for the credit management industry, and the largest body of its kind in the world. Together with Shoosmiths, recognised market leaders in the field of recovery solutions, it will be working to help raise the profile and increase membership of the CICM the length and breadth of the UK.

Paula Swain is one of three Shoosmiths partners who will be driving forward the partnership with the CICM alongside Andrew Foyle (Edinburgh) and Jason Byrne (Belfast).

Paula, who leads Shoosmiths’ national B2B debt recovery team from Southampton, says that the CICM sets the standards of professionalism in the credit management industry: “The Institute is a byword for excellence, so working more closely with them makes absolute sense to us and will, I believe, be great for both our respective organisations.

“Shoosmiths handles the debt recovery for some of the UK’s largest corporates so we have a shared outlook of excellence and our UK-wide office network maps exactly with CICM’s own scope of operations. We have great hopes for the tremendous synergies this represents.”

CICM director of strategic relationships Sue Chapple, says she is delighted to be working with Shoosmiths as the CICM’s new legal partner: “We recognise fellow enthusiasts when we see them, and have been impressed by the energy, ambition and spark of the Shoosmiths team. For us, it’s one of those partnerships where one plus one will definitely add up to more than two.”

Philip King, Chief Executive of the CICM, added his welcome: “Shoosmiths has a deserved reputation for excellence and its decision to become our exclusive legal partner will be one that will be welcomed across our membership.”

Shoosmiths is a national law firm operating from a network of 13 offices, and with client companies on every part of the business growth cycle. The company is a national market leader in business-to-business debt recovery, providing advice and recovery solutions to companies in a wide range of industry sectors in all legal jurisdictions of the UK. Its teams work closely with credit teams to recover commercial debts as quickly and efficiently as possible; they also deliver a range of consultancy services designed to improve cash flow and to reduce cost.