Cobbetts and DWF abandon merger talks in uncertain market

  • Print
  • Comments (22)

Readers' comments (22)

  • Well, on 4 November 2011 it was an over zealous IT chap. Then, by 18 January 2012, they were officially talking. Now, late January 2012, it's all off. How much are we supposed to believe market conditions have become uncertain since 18 January (or even 4 November assuming the guy in IT was leading the talks)?

    Their public pronouncements really are an insult to everybody's intelligence. Little wonder so many of the the staff seem miffed if this is typical of the quality and honesty of communication from management.

    Unsuitable or offensive? Report this comment

  • Who has the most to lose from this PR debacle? Cobbetts - B'ham. No duplication of office and more support under the DWF brand to recruit higher earning Partners. It will be an interesting time to see what happens next....

    Unsuitable or offensive? Report this comment

  • I don`t buy it that the Cobbetts Birmingham office will lose from this. All in all it is a well-performing office with distinct successes, especially in litigation and corporate.

    Unsuitable or offensive? Report this comment

  • Well here's a surprise. Cobbetts dire financial performances have been all over the legal press for ages. DWF now rumoured to have massive holes in their finances as it scrambles around to buy itself bigger. A well thought out match made in heaven - no? Perhaps they could both do with remembering that "turnover is vanity, profit is sanity...". DWF seems to be randomly grappling for them and Cobbetts would probably be happy with either.

    Unsuitable or offensive? Report this comment

  • Well my hunch that Dickinson Dees will end up merging with Cobbetts, still might come true.

    Unsuitable or offensive? Report this comment

  • Cobbetts are in a much better financial position than Dickinson Dees, so I doubt a merger would happen.
    Especially as Cobbetts probably know which Dickinson Dees partners have already agreed to join DWF in Newcastle and Leeds.

    Unsuitable or offensive? Report this comment

  • Dicky Dees, no. Bet it's the sticker album people though they are rumored to be in a worse shape than us.

    Unsuitable or offensive? Report this comment

  • I think DWF and Cobbetts have made a good point. I'm sure that there will be a certain market soon. Then they can start chatting again.

    They must rue the day that the errant IT chap purchased the domain name.

    Unsuitable or offensive? Report this comment

  • Rumours about a hole in DWF's finances are wide of the mark. Borrowings down, PEP up, Newcastle office off to a flying start. There's one reason why this merger didnt happen and that's because they didnt fancy swallowing Cobbetts' debt.

    Unsuitable or offensive? Report this comment

  • A lot of us in competition are worried about DWF's incessantly strengthening position, but DWF having holes in finances?- You're having a laugh. Just look at their figures, and their chief finance officer (who I understand is the ex chief at CMS Cameron McKenna and Baker and McKenzie) is highly respected. Come up with theories by all means, but let's at least make them plausible.

    Unsuitable or offensive? Report this comment

View results 10 per page | 20 per page | 50 per page

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 (22)