After an impressive 36-year career at Milsted Langdon, Tim Close is preparing to retire, leaving behind a remarkable legacy of dedication, leadership, and innovation within the firm.
Tim’s journey with Milsted Langdon began in 1989 when he joined the firm, having previously worked with Simon Milsted at Price Waterhouse in Bristol.
Reflecting on his early days, Tim recalls: “It was an exciting time to join the firm, which had only recently been established by Simon and Jonathan Langdon. I had to wait until March 1989 due to restrictive covenants, but when I finally joined, I was eager to help build something special.”
By November 1991, Tim had become the third partner and played a key role in establishing the firm’s insolvency team, obtaining his insolvency licence and shifting his focus from general practice to restructuring and insolvency.
His leadership helped shape the firm’s expertise in this area, which now spans multiple locations.
Tim’s retirement marks the end of an era, but the transition has been carefully planned.
Richard Warwick has now taken over as Restructuring lead in the Taunton office, a move that was set in motion when Tim became Chairman of the firm in January 2020, just before the Covid-19 pandemic. He says: “Handing over the reins to Richard has been a proud moment for me. I know the team is in excellent hands and will continue to thrive under his leadership.”
Looking back on his time at Milsted Langdon, Tim has countless fond memories.
One of the standout moments was the firm’s move in 1996 from a cramped town-centre office to a purpose-built 10,000-square-foot space at Junction 25, marking a significant milestone in the firm’s growth.
However, not all of his early experiences were quite so glamorous.
“Coming from an audit background where I worked on big clients like Barclays Bank, I wasn’t prepared for one of my first jobs here – working on accounts for a small agricultural contractor who handed me a carrier bag of receipts. At the bottom was a half-eaten pasty!”
Beyond the professional milestones, it’s the people and the journey that Tim has valued most.
“When I first joined, we were a small team of around ten people, working in a traditional, old-fashioned office.
“Today, we are a multi-office firm and a significant employer. Being part of that growth and working with so many talented colleagues has been an incredible experience.”
As he steps into retirement, Tim leaves behind an outstanding contribution to Milsted Langdon and the industry as a whole.
While his presence will be missed, his impact on the firm’s success and culture will continue to be felt for years to come.
Everyone at Milsted Langdon wishes Tim all the best in this new chapter of his life.