Clydes senior partner Payton to step down after three decades at the helm

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Readers' comments (23)

  • I'd be bricking it if I was in an under performing office now ... the curtain is falling on the 10-2 squad at the helm in Manchester now ...

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  • Why are things not working for Clyde's in Manchester?

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  • nice to see at least 2 BLG partners still in a job.

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  • If revenue per partner in 1984 was £375k then in today's money (applying the increase in average earnings in the meantime) the revenue per partner should be £1.37m not £1m. In the real world, that's dilution, not growth.

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  • ... not sure why there is a need to divert attention to legacy BLG Manchester ... in whose interests would that be? Legacy BLG Oxford perhaps?

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  • The Oxford office is probably useful for those with a country residence to almost work from home. If Simon Konsta gets elected - as seems to be the internal view - then he'll have a clear view on which of the provincial offices should close.

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  • Oh my giddy aunt! Electing Simon as SP would make the Charge of the Light Brigade look like a sensible military exercise

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  • Perhaps the librarian at Pannone could give him some advice on campaigns whether military, electioneering, publicity or managing to secure . The truth remains - Konsta must be very high on the dimensions of strategy, leadership, and integrity relative to his peer group.

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  • Watching Apocalypse Now with the sound turned down does not qualify anyone to run an international law firm!

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  • They're all wrapped too tight. Each time they look around the walls move in a little tighter ...

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  • I'm gunning for Konsta! I think he's dreamy!

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  • Re: "Konsta ... 'll have a clear view on which of the provincial offices should close.". I thought he lived closer to Guildford not Oxford.

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  • Is that what Konsta does in the office (watch "Apocalypse Now" with the sound turned down)?

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  • As Kilgore put it, you either surf or you fight. Time that the BLG guys came back with a rearguard action. Either that or get some board action - but rumour has it Barlow don't surf.

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  • This is what they've all been waiting for. The question is which if the losers will fracture off. Surely the Chairman will have a preferred successor...

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  • Burns and Hasson would have to move on if Konsta wins as he is sure to do: their position would be untenable. Maybe Jabba can find a job for them in his new organisation? More realistically Burns would go to a US firm and Hasson go back to being a bean counter for a small firm.

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  • The Apocaplyse Now analogy is superb. Payton is Col. Kurtz and Konsta is Captain Willard! I love the smell of napalm in the morning - smells like ... victory

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  • The AN analogies are superb. I particularly like the reference to the former Far East offices of BLG and surfing.

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  • My money is on MP going to open a Cambodian office. 'Everyone gets everything he wants. I wanted a mission, and for my sins, they gave me one. Brought it up to me like room service ...'

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  • There's no one in legacy BLG with international experience to take Clydes to the next level: their skills are in destroying not in creating.

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  • The last comment displays profound ignorance. Clydes is not a great success story. It is just a firm that came to look good because the credit crisis destroyed all the progress of the corporate M&A firms. Another M&A boom and Clydes will go back to its lacklustre invisibility.

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  • The comment on the suprressed performance of M&A firms is on the mark. Come the days of growth (2015 anyone?), the insurance firms will have been squeezed out of existence by their clients pushing for provincial rates for everything. All the good litigators will have left that market for dead and gone to higher ground - if they haven't already. When will the insurance sector understand that it's focus on price has spawned legal mediocrity?

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  • Both the Oxford and Manchester offices, particularly in the professional negligence teams, are flying and incredibly busy given that they offer City quality advice at regional rates, with top rated partners, which is extremely attractive to insurers for obvious reasons.

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