Blog: Who owns clients?

Earlier this month, Towry Law was granted an interim injunction against six former Edward Jones advisers accused of soliciting its clients. Good on them for fighting back, I say, but we’ll get to that in a minute. 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 the recent case involving Towry Law. After the firm acquired Edward Jones in October...