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Hill Dickinson issues £2.8m cash call

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Readers' comments (16)

  • Who's making the decisions at Hill Dickinson - the Board or the Bank?

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  • Nice blaming the 'recent' practice management system. That has been an ongoing project for the past 6 years.

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  • It sounds like they are all at sea.

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  • Can't be a happy ship right at the moment

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  • Let's hope that the five year rent incentive that has just expired on their Liverpool offices isn't on a par with Halliwells and their reverse premium.

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  • They were talking about opening in the Middle East a while back but nothing came of it. They took on part of Halliwells partly because of a personal friendship with Jonathan Brown. The office in Piraeus can't be doing very well. Monaco office must be a white elephant but the marine team are quite highly thought of. Man the lifeboats!!!!!!! There's an iceberg ahead!

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  • Drop in profits, cutting partners, cutting lawyers, selling off an office/team, and then a cash call. This just doesn't sound very promising at all. It can't be pleasant for anyone working there to have to read these stories in the press. Is this restructuring the prelude to yet another merger?

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  • So that's a lot of the "partners" having to find £1,000 and a much much smaller number having to find the balance......

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  • Those figures look scary enough as averages, but they will in fact be having a much greater impact on the relatively few people with any real equity. When in trouble Hill Dicks historically have looked for a merger as the dominant partner. I can't help feeling that this time the vultures will be circling them.

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  • Over budgets, not listening, office moves?, bad planning, performance management? Huh. Sit near the escape route.....

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