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

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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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