Slavery and Human Trafficking Statement
Farrer & Co LLP takes the issue of modern slavery, as defined in the Modern Slavery Act 2015, seriously. Although the likelihood of an incidence of modern slavery in our business or our supply chains is low, we are committed to improving our practices and set out below the steps we have taken from 29 October 2015 to 30 April 2016 to investigate and ensure that slavery and human trafficking do not take place in any of our supply chains and in any part of our business.
2. Our firm and business
We are an English law firm with offices in London providing a range of English law services to individuals, families & trustees, charities & institutions and businesses in the UK and more widely across a number of sectors. We have a total of over 400 partners, fee-earners, support staff and business services staff. To ensure the provision of such legal services in a cost-effective manner to our client, it is a commercial necessity for us to use third party service providers.
3. Our supply chains
We have identified over 3,000 suppliers of services which have been used or are being used and those suppliers are primarily located in the UK but may have offices and staff based overseas and comprise:
- Office services including document production, offsite document storage, cleaning, premises security, switchboard, building maintenance and postal services;
- Data centres, hosted software providers and information security consultants;
- Website administrators and marketing material designers;
- Recruitment agents;
- Research services and corporate information providers;
- Litigation support including transcript writers and costs draftsmen; and
- Experts such as barristers, accountants and tax consultants, UK and overseas law firms and other third party advisors.
4. Our policy in relation to slavery and human trafficking
This year, we produced an internal Modern Slavery Policy for staff. This reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chain. This policy sits alongside our Outsourcing, Whistleblowing, Corporate Responsibility, Equality & Diversity and Anti-Bribery & Corruption Policies and our London Living Wage Accreditation.
5. Our due diligence processes in relation to our business and our suppliers
As part of our initiative to identify and mitigate risk we have identified major suppliers referred to above who should be investigated and provide us with further information as to their practices at major contract renewal points. We have also started to review our internal services procurement guidelines for our Business Services Directors' and other key stakeholders' use when buying in new services. It is envisaged that we will ask all new suppliers to acknowledge our Modern Slavery Policy.
6. Risk monitoring and compliance
We have a dedicated Risk & Compliance team responsible for overseeing the due diligence above as well as progressing our obligations under the Modern Slavery Act 2015 and other legislation applying to this firm. This team will work closely with our Business Service Directors and other key stakeholders involved in our procurement programme to enforce compliance with our Modern Slavery Policy and to ensure that it is in effective operation within the firm.
7. Firm wide training
To ensure a high level of awareness and understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we have prepared a firm wide announcement launching this initiative and have identified suitable e-training courses.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes Farrer & Co LLP's slavery and human trafficking statement for the financial year ending 30 April 2016.
Simon Pring, Partner and member of the Management Board
on behalf of the Members of Farrer & Co LLP