Banking & finance
Peppiatt, Hugh (5 of 12) National Life Stories: City Lives
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Peppiatt, Hugh, 1930-, (speaker, male)
Slinn, Judy, (speaker, female)
Part 5 (tape 3 side A): In 1960 six people including HP were made partners - there were then seven or eight partners at Freshfields. Firm was too small - not enough partners to do partner work and smaller than other firms, the competitors. Made salaried partners - the custom in Freshfields then, three years as salaried, then sharing partnership. Soon afterwards salaried partnership system scrapped. Difference between partnership then and now - then saw it as a lifetime's employment, not explicit. That has changed now, partly economic situation, perhaps now in transitional stage. Married in 1960 to Clare - met in Paris at cocktail party.She was studying in France - thinking of going into Canadian foreign service. Her father (English) president of Shell in Canada. Took up residence in Chesham Place, large basement flat, rented at £10 a week. Five children - their lives and careers. Three boys and two girls - very close family.
Interview with Hugh Peppiatt, a senior partner with Freshfields law firm and Chairman, Moorfields Eye Hospital (1991-2000).