DAC and Beachcroft moot £175m merger

  • Print
  • Comments (18)

Readers' comments (18)

  • If Beachcroft are so keen to boost their insurance work, then why were they so desperate to champion Jackson's reforms? The abolition of the success fee now means fewer marginal claims will be run, which means fewer claims will be referred to the likes of Beachcroft to defend and thus less revenue from insurance work.

    Unsuitable or offensive? Report this comment

  • @ Anonymous | 23-Jun-2011 11:58 am - Yes short-term RPC, and all other firms in the sector, will benefit from consolidation even if they aren't participants, as suppliers' pricing power increases and the firms engaging in mergers go through the process of integration.

    Medium- to long-term being sub-scale will pose an ever greater challenge to their business however. This doesn't just apply to RPC though - in 20 years time very few of the current City firms will still be in existence.

    Unsuitable or offensive? Report this comment

  • Can someone point out where the conflicts are in the BLG Clydes merger: it's only marine that they have in common. This is good news for RPC in the same way that digital photography was good news for Kodak.

    Unsuitable or offensive? Report this comment

  • Anonymous@ 4:48pm
    Your knowledge of what Clydes and BLG do is clearly lacking. Both are leading players in the non-marine insurance and reinsurance legal market. They are likely to be on opposite sides of a plethora of disputes - hence very substantial risk of conflicts. RPC (and others) may well prosper as a result.

    Unsuitable or offensive? Report this comment

  • I think Anonymous @ 5.06 is being a little unfair to Anonymous @ 4.48. In the insurance world, Clydes are best known for their marine work, BLG for their non-marine. Reinsurance is irrelevant, as there is virtually no dispute work around any more and Clydes are unlikely to want whatever is left of BLG's reinsurance practice as it is a terrible drain. Having said that, by all accounts, the deal at BLG's end is being driven by Tim Taylor, BLG's head of marine, so maybe he is prepared to lose some conflicts for the greater good.

    Unsuitable or offensive? Report this comment

  • The attempts by RPC to portray being outmanouvered as some sort of strategic acumen are frankly laughable. They can't decide whether they are a corporate or an insurance firm and are sub-scale in both. Not easy to see that they have a strategy. It is merge or become tomorrow's DAC for RPC.

    Unsuitable or offensive? Report this comment

  • It would be an error for Clyde & Co to merge with BLG. Why not just move into Botolph House and pick off the BLG London names they want (and thereby avoid the cost of BLG's belated/costly forays into the regions).

    Unsuitable or offensive? Report this comment

  • I wonder if RPC are going to grow by merger with another law firm? Why not merge with an entity that has a good corporate client list but no (present) ability to service their legal requirements?

    Unsuitable or offensive? Report this comment

View results 10 per page | 20 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 (18)