Client 'ownership': Why Towry Law was right to take a stand

Who owns clients? Firstly, there is much wrong with this question, not least the issue of ‘ownership' as we're not talking about a pet here! However there are clear principles behind the answer to this question that need to be addressed. This matter has been thrust into the spotlight by Towry Law recently being granted an injunction against six former Edward Jones advisers. After Towry Law acquired Edward Jones in October last year, some advisers who had left the business allegedly began soliciting former clients despite their contracts specifically stating they were not permit...