Richard Schmidt is the Senior Partner of Bull Son & Schmidt and concentrates in Business Law and Estate Planning. He became an Accredited Business Law Specialist in 1999. He has in excess of four decades of experience and during that long period has been closely involved with a wide range of clients along with their legal problems – from partnerships in good times and bad to expanding companies and those in financial difficulties.
He has acted for all manner of businesses from sandwich shops with turnovers of a few thousand dollars to airlines with multimillion-dollar turnovers.
Among his clients are Mum and Dads, Grandparents, Millennials, Sportspeople, Business Owners, Politicians, QC’s, Lawyers, Judges, Doctors, Dentists, Property Developers, Accountants, Entrepreneurs, Financial Advisers, Real Estate Agents and Printers to name a few in no order of priority!
Richard’s interests in matters other than law have helped him develop a practical and commercial approach to legal problems. He has been involved in community activities taking part in the running of women’s refuges, hospital ethics committees (Royal North Shore Hospital for 20 years) along with Law Society committees and has been President of the North Metropolitan Law Society.
He was a founding member of Best Practice Lawyers, a thinktank of lawyers from different areas and specialties who meet regularly and share experiences and ideas. He enjoys his work and bringing his many years of experience to bear on situations and issues to find a practical and cost-effective solution.
In recent years, he has taken an active interest in estate planning issues. With the complexity of family relationships, second marriages, business structures, family trusts and sibling rivalry he enjoys applying his experience with human nature and disputes within families to structure peoples’ affairs with a view to minimizing disputes and to protecting and preserving family assets.
He is also often involved in Will dispute cases both for the applicant who feels that they have not been properly provided for and also for the Estate (Executors) who have to defend such applications.
Richard takes a very keen interest in technology and its use in delivering legal services in our changing world. He has regularly been consulted by software providers who have respected his opinion and knowledge in the legal profession.
He is happily married with two adult children living abroad and so enjoys travel. He has a keen interest in boating, playing tennis two days a week, and discussing world problems with friends.