Categories:Scotland

DWF recovers from shelved Cobbetts talks with Biggart Baillie deal

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  • It feels like 2am at a teen disco. Every firm is pairing off, apart from the ones that nobody wants to partner with.
    I feel a bit sorry for them.

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  • I'm surprised that more firms aren't proactively seeking strategic mergers. For example, Shoosmiths is a lower middle tier firm with good coverage in the South and Midlands. Acquiring their respective firm in the North, probably Dickinson Dees or Cobbetts, would make perfect sense.

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  • Have they sorted the domain name?

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  • Great fit. The combined firm will need a lot more mergers however, and to start thinking about international growth too....

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  • If you're the senior partner and you go looking for a merger, there's a 50% chance you won't have a job in a few months time.
    If you're an older under-performing equity partner then entering into merger negotiations means that your poor record will be openly discussed.
    However if you're a young buck, then you'll be hungry to be part of a bigger, better and more competitive organisation.

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  • I think the domain name is already registered. It's www.shoosmiths.co.uk

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  • Pairing off at 2am at the teen disco rarely created long term happy relationships.....

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  • If you left it until 2am you had no chance, that's when the lights come on. I always made my move at 1.50am and had a formidable strike rate even if most of them looked liked DWF's managing partner - I like a big blonde I do.

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  • Mergers are the only way to survive in this climate for medium to large sized firms. If Dewey can fall, admittedly the management practises were awful there, I think alarm bells should ring. A number of firms are looking at international partnerships as well which seems like a good idea.

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  • "It is not clear whether ’Biggart Baillie’ will eventualy be dropped from the Scottish arm’s name."
    It will be once the clients are used to seeing 'DWF' at the start of everything and the 'DWF Biggart Baillie' stationary runs out.

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