Happy ever after? Morgan Cole and Blake Lapthorn get hitched

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  • Morgan Cole has been downsizing their defendant insurance division since 2004/5, ie. even before the recession hit hard and the banks became far more cautious at lending to law firms. Defendant insurance litigators were simply not replaced as they left, and those that were (often quite suddenly) no longer wanted were bullied, starved of work and pushed out. It has little to do with funding changes, recession, or any later event: the insurance partners in the Thames Valley (who headed the insurance division) simply were unable to pull in/attract any work and were not willing to invest in/motivate employees either. The net result has been a downward spiral for ther defendant insurance division such that it is practically obliterated.

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  • “we weren’t going to be a DACB, BLM or Clydes..." from Carr. The understatement of the year perhaps? With practically no insurance lawyers nor insurance clients left, you can hardly claim to be an insurance firm, let alone a DACB or Clyde & Co.

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  • “we weren’t going to be a DACB, BLM or Clydes". The point is that, at their height, Morgan Cole had large teams of defendant insurance litigators over multiple offices so not unlike a BLM. Had there been the right strategy and investment in place, the firm could so easily have developed and competed alongside the DACs, Beachcrofts, BLGs etc. This is what happens when those in charge do nothing, when there is no forward planning, strategy or investment, and no eye whatsoever on the market. I strongly suspect the last remaining teams in Cardiff and Bristol have been lifted by other firms, or have sought a home elsewhere.

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  • “Having worked exclusively with Blake Lapthorn after Christmas, I think it would have been overly ambitious to have tried to deliver a tripartite merger. We were enthusiastic but that’s a lot of things to fit together,”. Actually, it would have been just one Reading office to merge in, the real reason for the failure of the tripartite merger being that Boyes were not interested, and made that clear before Christmas.

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  • "Both firms have grown through mergers since the recession". Morgan Cole hasn't. It hasn't merged with anybody since recession.

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