CMS Cameron McKenna partners vote yes to Dundas & Wilson takeover

  • Print
  • Comments (16)

Readers' comments (16)

  • So Camerons are picking up a firm that Eversheds didn't want?

    Unsuitable or offensive? Report this comment

  • Unless the Dundas partners are desperate for a rescue, they may wish to talk to the former McGrigors partners about life after the Pinsents merger.

    Unsuitable or offensive? Report this comment

  • As a former Dundas & Wilson employee have to say that I'm not at all surprised: after failing to expand on their own terms it was pretty obvious that they'd need to do a McGrigors and find a bigger firm to partner up with. Still lots of good people there though so I hope - assuming the takeover does go ahead - that its a success (and I feel for the people who will almost inevitably lose their jobs in the process).

    Unsuitable or offensive? Report this comment

  • I think it can be a good thing in an ever changing market companies need to be bold and expand into new areas or fall away & be left behind.

    Unsuitable or offensive? Report this comment

  • D&W considered themselves magic circle in Scotland in the days before we understood how Scottish banks worked. CMS, on the other hand, never had (or could have had) these aspirations. This won't work I'm afraid as there are two very different cultures. Very good news for the standalone Scottish law firms who will find themselves with new clients overnight.

    Unsuitable or offensive? Report this comment

  • I can only hope CMS has better coffee machines than Dundas and Wilson, that will make the move rather enjoyable.

    Unsuitable or offensive? Report this comment

  • I didn't think anyone was left in London at D&W anyway. The smart cookies have been leaving for the last 3 years.

    Sounds like more of a CMS takeover than a merger

    "CMS Cameron McKenna Dundas" ("do we really have to have the "Dundas"?!" - you will hear CMS employees cry")

    Unsuitable or offensive? Report this comment

  • I don't really see what D&W offer to CMS? Reader puts forward that they are Magic Circle of Scotland and CMS has no such aspirations? Obviously has never worked for or had any dealings with CMS. All these talks of redundancies of D&W staff, however I see it as a rescue package for a firm who was heading down the path of Halliwells (offering themselves up to most of the City), so some jobs saved can only be a good thing. Really hope this isn't an anchor to a US merger.

    Unsuitable or offensive? Report this comment

  • In 5 years time, the current spate of merger/ takeover activity in Scotland will be seen as the time its legal profession either globalised or decapitated itself. It's anyone's guess which it will be. One concern is that none of this is really client-driven and that long-term decisions are being taken to deal with short/ medium term financial constraints.

    Unsuitable or offensive? Report this comment

  • I actually can't believe CMS said yes to this.

    Unsuitable or offensive? Report this comment

  • Really! How does this make any sense for CMS? Is it reflective of the new senior partner's wish to strngthen the Scottish practice? Very sad to see CMS go down yet another blind alley.

    Unsuitable or offensive? Report this comment

  • If CMS have to buy headcount and turnover, then why not a decent Corporate force? Which they still don't have in the UK.

    Unsuitable or offensive? Report this comment

  • Its a lot easier to snap up D&W as a whole than try to grow organically if you want to bulk-up, and despite recent difficulties they still have good people and client relationships.

    Plus given it appears to clearly be a takeover rather than a supposed merger you know that you're going to be in the driving seat.

    Unsuitable or offensive? Report this comment

  • I wonder if those against the Dyson Bell merger are now kicking themselves. The main reason for the downfall at Dundas & Wilson is that it was a disjointed firm and it was at odds with itself. Over 250 years in business and now this. RIP

    Unsuitable or offensive? Report this comment

  • well done D&W - CMS are a vastly different outfit than Eversheds. A serious law firm. Cannot really see what is in it for CMS - surely there PEP must be incompatible with D&W

    Unsuitable or offensive? Report this comment

  • As I previous employee at dundas I know that their real estate and construction practices in London are v strong and will definitely complement those of CMS. Not sure about the value of the other practices particularly litigation and banking. Good takeover for the first year trainees but worry for the future of the second years and also incoming trainees. I left almost a year ago and glad that I am not being swallowed up by CMS.

    Unsuitable or offensive? Report this comment

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (16)