Categories:North West

Halliwells’ ex-managing partner: ‘I gave my life to that practice’

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  • Demonstrably a bear with very little brain...
    Why did no one seek to gag this one when they finally showed him the door?

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  • interesting - young Austin doesn't feature on Heaton's web site at all.
    "Are you in there Austin!"

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  • Impressive intellect, tact and timing are three qualities that I have always associated with Ian Austin. Look forward to seeing more of his media offensive over the next few weeks.

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  • GENERIC AND HIGHLY TEDIOUS RAAAAAAAAAAAAAAGGGGGGGGGGEEEEEEEE.

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  • I was upstairs the other week in the cafe, I purchased a boost and with my first bite a filling fell out causing a shooting pain into the upper part of my mouth - I let out an almighty yelp. Mr Austin was stood on the other side of the room and he didn't even bat an eye lid. Some people.

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  • Ian Austin's attitude seems closer to Dick Fuld (post Lehman collapse) - still in denial. Yet he bagged himself a new job. I am surprised that anyone offered him a new position and one with management responsibility. No one in the world will employ Fuld ever again...

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  • What a Joker.....!

    "Downfall related to the downturn"

    Northern Rock imploded in 2007, the world was entering mass turmoil and "the board", in 2008, thought that it was the right time to take £15 million out of the business.

    Given the fact that fee income dropped by around £20m over the previous years it would have been nice to have that £15m as a capital cushion to see the firm through the recession.

    You say you put in £700,000 of your own money, how much did you take out of the business in your time there?

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  • I could have been a contender for managing partner of the decade if it wasn`t for;

    1. That pesky recession
    2. The pesky temptation of £17m
    3. Pesky and disloyal partners
    4. Failing to tie the pesky ones in
    5. The pesky Sheffield office
    6. That pesky straw which broke the camel`s back
    7. My pesky socks which worked themselves off my pesky feet.

    Poor, poor me it is all so unfair, boo hoo

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  • "I gave my life to that practice" lol pmsl
    That practice gave you your life and you squandered the biggest business opportunity which will ever come your way.
    Your house, your car, your friends all came from the firm that you mismanaged so badly that it went into administration.
    Stop playing the victim, show some dignity

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  • I need a warm up man who can get the crowd in the mood for a tale of greed, mismanagement and financial disaster.
    You have not lost everything old man, come and join me on the after dinner speaking circuit.
    Nick Leeson
    How I broke Bearings Bank (available for after dinner speaking but definitely not for investment advice)

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  • If you were the University of Salford, do you think you might be a little worried by this.......

    Mr Ian Austin (Chair of Audit Committee)

    Independently ranked as one of the “most dynamic figures in the North West market,” Ian Austin is a prominent player in the region. He grew up in Cheshire and has remained firmly rooted in the North West throughout his career – from completing his law degree at Chester Law School to guiding Halliwells through a series of bold initiatives that saw it become Manchester’s largest law firm. In 2004, at 42, Ian was elected managing partner and he immediately began delivering his vision of the firm, completing a comprehensive rebrand of Halliwell Landau to Halliwells LLP that same year. He also established a foothold in Liverpool through the successful merger with Cuff Roberts, followed in 2006 by joining forces with James Chapman & Co which boosted Halliwells to becoming the region’s largest law firm. Ian’s achievements and efforts didn’t go unnoticed and perhaps one of his career highlights to date was being awarded Management Partner of the Year at the 2006 Legal Business Awards. The judges described him as having “an astute hiring and merger policy and an infectious enthusiasm”. In December 2007 he welcomed the entire Manchester workforce to the impressive new Spinningfields district when Halliwells relocated to 3 Hardman Square. With Ian’s guidance Halliwells has adopted a modern corporate structure and maps out innovative career paths for its staff. Strong leadership, business focus, open communications and sound financial management are his trademarks but his achievements go far beyond the realm of business. He sits on the development committee of The Prince’s Trust and has championed a number of fundraising campaigns – so far raising £450,000 for The Prince’s Trust, Claire House Children’s Hospice and the Cavendish Centre. He was also behind the decision to sponsor two of the most exciting young athletes in the UK; Francesca Halsall and Shelly Woods. This support enabled them fly the flag for Britain at the 2008 Beijing Olympics and both are currently busy preparing for London 2012. After recently taking up the position of Executive Chairman, Ian is responsible for running the main board and focuses his efforts on the firm’s commercial objectives and strategy. For more than five years he has guided Halliwells through a period of accelerated growth and remains committed to its success and long term future. Ian enjoys strong links with the Manchester business community and regularly speaks at conferences and events. He also comments regularly in the regional, national and trade media on business trends, leadership and the economy. Ian Austin lives with his wife and children in Ormskirk.

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  • "I'll not have anyone question that commitment." Who does he think he is?

    You would have thought that he would have been best advised to keep his head down for some time...

    As for Heatons, has anyone heard of them? Their litigation profile lists their highlights:-

    •a six figure professional negligence claim against a firm of accountants
    •a defamation case involving an international company and trade journal
    •a successful Judicial Review against a local planning authority
    •representing a company in a potential dispute worth several hundred thousand pounds involving alleged defects with a computer system
    •advising a company in a claim by a pension fund concerning its assets
    •representing a company in a prosecution by the Health & Safety Executive following a serious injury at work

    Not exactly the big league

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  • Incredible - if this was a company director he would be disqualified. The creditors of this LLP must be crying out for their money reading this! He even gives tax avoidance as a reason for taking the reverse premium out of the business.

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  • Hitting out at critics is not a particularly good look. Sure Halliwells were the victim of some unfortunate timing - expanding rapidly as the credit crunch arrived etc BUT... However anyone with an ounce of management skill and knowledge would say the demise was the result of poor planning and inexpert management execution. Clearly there was no 'wriggle room' once the solids started to hit the air conditioning. Who was it who said that to place the words oxymoron and management into a sentence is to create an oxymoron? Oh yes, it was me!

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  • If Skint Halliwells Partner's comments are correct, surely this is something for the SRA to investigate? Surely lying about such matters is professional misconduct...

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  • I personally witnessed the strategic personal targeting, derision and ultimate disposal of a number of quality Equity and salaried Partners who had the temerity to challenge Mr Austin's ineffective,over bearing and dismal 'alleged' leadership...................all those affected have risen to bigger and better things.

    Res ipsa locquitor.

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  • Um, don't we the taxpayer own 84% of RBS?
    Given the bank is due to write off £15m on its duff loan to Halliwells (clearly the perfect bank for the EpicFail law firm, given both organisations' ludicrous financial decisions...), by my calculations that means Halliwells has cost us, the taxpayer, £12.6m.
    Marvellous!

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  • So the firm had a reputation of 'eat what you kill'? Well, Mr Austin, seems you ate yourself to death through your greed and killed off the firm as a result.

    To add further insult to injury, you've negotiated a comfortable position at Heatons (does this firm not read the legal press, let alone screen prospective employees of their past experience?!)

    In an era where margins are being squeezed at the directive of client mandates, seems lawyers and partners alike are becoming ever more greedy and when poor lack of judgement is applied, people (or should I say, in this case, the little boy) cried wolf!!!

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  • Can you come an take your banners down from above the escalators in Terminal 3 please, they're gathering dust and we ain't doing it

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  • Glad to see Mr Austin is getting the support he deserves on here, I bet he is enjoying reading these goodwill messages...

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