Featured Member

Philip Hertz

How did you first become involved in the world of restructuring and insolvency?

I originally qualified into litigation but after a 6 month stint in arbitration - where I was bored rigid - I managed to switch into the insolvency group - it was pretty unusual to be able to do this and I counted myself lucky at the time that I was able to move within the firm.

What is the best part of your job?

You can never tell what any particular day will bring.

What is the most challenging aspect of your job?

You can never tell what any particular day will bring.

What character from a novel or film or television best describes your style of practice?

Well my kids tell me I am definitely not Harvey Spector!

What is your favourite reported insolvency law case (you can only pick one)?

It is difficult to pick one case - there are so many!!

If you had not been a lawyer what other job would you have done, would you have enjoyed that job better and would you have been any good at it?

I always had a secret hankering to star on the West End stage. Would I have been any good at it? You have obviously never heard me sing!

What is your most memorable career moment?

There have been a few, some pretty comical, others less so. On the comical side, I recall sitting in a meeting room as a trainee with clients and our then head of litigation when we spied a mouse in the corner of the room. Cue maintenance man with a broom running round the room trying to swat the mouse. On the more serious side, I think it has to be the completion of the groundbreaking APCOA restructuring last year after many months of long days and nights.

What do you think are the greatest challenges / changes in our profession in the next 10 years?

It has to be the constant need to be able to adapt to change resulting from the ever shifting landscape of not only the law itself but also the identity of market participants.

What is your favourite novel, film and piece of music?

Novel: The Passage, Justin Cronin
Film: The Producers (original version)
Music: various - The Script, Above & Beyond

What do you do in your ‘down time'?

Spend time with my wife and kids - even if the kids are constantly on instagram and snapchat! - and long rides on my bike.

Jam or marmite?

Definitely marmite - less carbs!!

If you were able (and could afford) to retire tomorrow, what would you do?

Spend time with my wife and kids - even if the kids are constantly on instagram and snapchat! - and long rides on my bike.

What prompted you to join the ILA?

The people and the quality of the bulletins - it is great to be able to spend time and share ideas with like minded people whether at the Annual Conference, at the Annual Dinner or in a more informal setting. As regards the bulletins, these are also produced extremely quickly and professionally which means you are always up to speed with the law.



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