Today - May 6 2010 - Steven Raeburn, the editor of Scottish legal magazine, The Firm, announced he had led a management buyout of the title from The Carnyx Group, publishers of The Drum media and marketing magazine.
1. Is this your first venture into publishing? Have you previously worked only as a journalist?
I worked in residential and commercial conveyancing for nine years first, and drifted into journalism as a freelancer for a few years, before making the switch full-time. So my background was in law. Journalism happened gradually, but quickly took over. I've been doing it now for seven years. It seems to be what suits me best. (...)
6. The Firm attracted its own headlines recently, for an article which the Lord Advocate appeared to take exception to, including complaining to the Press Complaints Commission (complaint not upheld). To what extent was that a factor in your decision to proceed with a buy-out?
It had no connection. I was delighted at the time (the issue arose in November last year) to have been backed and supported so fully by Carnyx, and I was proud of them for having the conviction to maintain their principled position against a pretty intimidating situation. But Carnyx and I stood united in that particular challenge, and I had full confidence in the stance of The Firm. The Firm will continue to probe the difficult issues when they arise.
7. So, you will remain editing the magazine. Any other recognisable names involved in the buy-out?
I am staying in post as editor, and I am lucky to be able to have a team supporting me in the key production, advertising and printing roles, as well as the other areas, but I am the sole participant in the MBO itself. (...)
9. Proudest journalistic moment?
It's hard to say. In many ways, the things I am proudest of in this job don't get published. The Firm has taken a solid stance to back trainees in law firms if they are vulnerable, for example, and I have been humbled by some of the private feedback we have had from that. Journalism is only words, but words can change things. That kind of response tells you that you've done something right. Recently, the UN Lockerbie observer singled out The Firm's coverage of the ongoing Pan Am 103 issues for praise, which is certainly something.
[From a report on the allmediascotland website.]