Wragges votes in favour of LG merger to create Wragge Lawrence Graham & Co

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  • This is a good result for Wragges, and possibly saves LG from extinction. So what is happening to Hugh Maule though? Has he fallen on his sword after such a disastrous last few years?

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  • What's changed since 2009 is that Wragge have done ok in a difficult market and LG have floundered - which means that Wragge have presumably been able to dictate terms.

    Wragge, like Addleshaws, seems to be doing well off the back of a solid regional base in which they have limited competition. Addleshaws also took over a mid-market London firm (Theodore Goddard) which, though not doing as badly as LG, was like LG a collection of boutiques, some good, some bad, without an overarching direction as a firm. A few defections can wreck such firms. If Wragge can keep the stars of LG from leaving they will do very well.

    The question this raises is this - what is the point of the sub-Silver Circle mid-market City firms? The business model of regional/national firms is more stable and has more scope for cost-saving evolution such as legal process centres. They are also a more logical choice for sub-Magic Circle transactional work than all but the best Silver Circle teams. I can imagine Addleshaw, OC, Wragge still being around in 20 years. Mid-market City firms like LG? Not a chance.

    Historically such firms are so snobby about the regions they would rather be taken over by a US firm than a regional UK firm. Frankly, anyone solvent would be a fine husband to them.

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  • Hugh Maule to sit on the firms board and become a 'practice group leader', . Could be a great fit for Wragges, especially if LG were cheap. Wonder how many LG equity partners will be welcomed to the table at the all-equity Wragges?

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  • What happened to the 'One Team' moto? Now we have even more redundancies ahead. The Wragge's London office has been through so much recently and this is just another nail in the coffin for all of those who escaped the last cull.

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  • "One firm, many benefits" both websites say. Shouldn't that be "One firm, many support staff on benefits"?

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  • Catchy name...

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  • Congrats on a great merger, but not so keen on 'Wragge Lawrence Graham & Co' - which will eventually become just 'Wragges' to the market in any case as it's a lot easier to say. Maybe it would have been better for LG to swallow its pride and become just Wragges all in one go? Dentons and its many merger partners had the same issue after the Salans, SNR etc deals and eventually they all realised the market just wanted one clear, well known brand and so went back to one name. (I guess there is still time to re-jig the WLG&Co branding...?)

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  • Wragglegee.

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