To make a fair comparison between say, a trade sale and an EOT sale, you need to go behind the headline valuation. The attractions of an EOT sale may be economic - freedom from any performance conditions, freedom from earn-outs, or the generous EOT tax relief. Equally the attraction of an EOT may be the collaborative, low-stress sale process.

It's gratifying to see owners want to strike a balance between getting fair value for their businesses, maintaining the legacy, brand and values they've built up, and taking care of their employees long term …. I find the 100% EOT tax relief on employee ownership transactions often just sweetens the deal, without it being the driving force.

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Rachael is an outstanding lawyer. Her professional, calm and compassionate approach put me at ease. Her expertise shone and she was able to negotiate an outcome that I would not have thought possible.

Rachael provides outstanding support and legal insight and strategy. Importantly, at moments of crisis her interpersonal skills are exceptional.

Rachael continues to impress with her deep knowledge, great experience and excellent communication. We wouldn't turn to any other expert in this field.

Rachael is really excellent. She has fantastic client-handling skills, maintains a case very well and writes excellent letters. She is a star.

Tim is fantastic. He is very good at keeping things controlled and out of the papers. He is a very intelligent and savvy operator.

Tim provides outstanding support to us. He is very knowledgeable and I would highly recommend him.

I was dealt with promptly and with empathy - yet my case was handled with real strength and confidence - which I really needed and appreciated. The team were extremely professional and I always felt like I had them on my side.

Level's employment team are specialist employment lawyers with particular strengths in media, film, insurance and banking employment issues. The partners are extremely strong in breadth of knowledge, employment legislative changes, commercial acumen and client management. They are supported by excellent junior/support team staff and provide a cost-effective, first-class service on all employment matters.

Elizabeth Johnson is very intelligent, practical and a smooth operator She dealt with some very sensitive matters involving high-profile media personalities with great tact and diligence to achieve a very positive outcome.

Elizabeth Johnson has been nothing but outstanding. She has shown me great kindness, empathy and understanding. The way she dealt with my case has been brilliant - even those we were fighting against told me I had chosen the right lawyer!

Elizabeth is highly responsive, tenacious, charming and sharp minded. She stands out by consistently making any difficult or complex matter appear straightforward and provides clear and strategic planning and advice quickly and effectively. She has the perfect blend of empathy/support and commercial acumen that senior executive clients really value.

Elizabeth Johnson is exceptional at connecting with clients and provides straightforward, no-nonsense advice. She is tactically brilliant and very commercially minded. Exactly the sort of lawyer you'd want acting for you.