Banking & finance
Peppiatt, Hugh (8 of 12) National Life Stories: City Lives
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Peppiatt, Hugh, 1930-, (speaker, male)
Slinn, Judy, (speaker, female)
Part 8 (tape 4 side B): Continued to discuss division of his time between home and work. Wife always interested in children - started to run playgroup at home. Pressure/ making mistakes; contrasting then and now - the procedure for City solicitors. HP told of particular case where he made a mistake. Today would be different. Business is conducted differently now - professional pressures much greater now. We did have a social life - in the 1960s dinner parties during the week - not in the 1980s. All-night work was not common then - but there was not the ease of communication,through the fax, that there is now. Then, office opened at 9.45. Arbitration case in 1960s; construction of housing - took about 10 years in all - at the time the largest job we had ever done. Fees originally put at £25,000 ended up as £250,000. Mixed practice with Bank of England taking precedence until early 1970s - when HP got into recruiting. He devised scheme for recruiting best people to work at Freshfields - HP's prime job for 5 years. Went out to universities (mainly Oxford & Cambridge, also Birmingham, Durham, Southampton,Warwick) in spring of each year and talked to dons.New for the City. In autumn saw students. Also did lawyer recruiting for the firm. Philosophy was to gear Freshfields up with high quality people.
Interview with Hugh Peppiatt, a senior partner with Freshfields law firm and Chairman, Moorfields Eye Hospital (1991-2000).