Cobbetts trainees still face uncertainty as DWF remains tight-lipped on contracts

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  • If they are purchasing at a distressed knock down price absent of debt then the least they can do is honour the training contracts.

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  • Why? Every law firm makes an assessment of the needs of their firm when deciding on how many trainees to take on. If it doesn't make financial sense to take on these extra staff then you're asking all the other DWF staff to subsidise their positions. Why should future trainees be treated better than hard working NQs?

    It should be noted that John Marshall of Bond Dickinson announced on 10th January 2013 (see Lawyer 2b) that he envisages in the new firm, the number of training contracts "will increase".

    As far as I'm aware no additional training contracts have been announced by Dickinson Dees-Bond Pearce since 10 January. This would be the perfect time for Bond Dickinson to announce they'll take on the Cobbetts intake for 2013 and 2014, thereby dispelling any perception that the announcement in the Lawyer 2b was mere sales fluff that used the hopes of trainees to generate publicity. Over to you Bond Dickinson. Be the hero today.

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  • If they are acquiring all or substantially all of the business surely the trainees transfer under TUPE.

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  • At the College of Law Cobbetts trainees were always seen as 'the pick of the bunch' by other students and tutors, DWF would be a fool not to snap them up! Good luck!

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  • I wouldn't expect so.

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  • At The College of Law Cobbetts' trainees were always considered the 'pick of the bunch' by both students and tutors alike, DWF would be a fool not to snap them up! Good luck!

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  • I am not really sure what the purpose of this story is. In effect it reads to me as the deal has not yet been done and hence neither side can comment.

    It is quite interesting to note that the College of Law think that “Cobbetts has clearly thought this through with regard to their trainees." I think that is debatable given the rumoured 28 trainees they were due to take on in September, for a firm that was struggling to turnover £40 million.

    Compare that to DWF's approach, reported to be around 24 trainees in September, for a firm with a turnover of over £100 million.

    I am not sure if DWF can ultimately be blamed if they don't choose to double their trainee intake. I doubt that any deal is going to double the firm's turnover/profits.

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  • If DWF take on fee generative teams, those teams have a need for trainee support, and those trainees will pay for themselves. I'd be very surprised if DWF don't proceed on this basis. It would be a PR howler aside from anything else.

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