Categories:North West

Halliwells to appoint administrator; BLG and Hill Dicks vie for assets

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Readers' comments (57)

  • confirming what we all have known for a long time.

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  • So, from being a firm 'on the rise' to a firm about to enter administration what happened in between ? Is this all about the debt or are there deeper internal issues at play?

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  • Oh dear wot a shame, i was in the first round of the cull. Pretty nasty i can tell you.

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  • We all know about this...

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  • I find this a sad time for the many employee'sof halliwell's who may be about to lose their livlyhoods through the unreserved greed of a very few, I hope those few can live with their conscience as I'm sure they won't be bumping into any former employees at the job centre or the benefits office.

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  • Anyone who knows the firm or has worked there knows that the firm is built in the utter greed of a selected few. You reap what you sow. Good riddance

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  • After what my so called collegues got up to and they know who they are. Have a nice life!

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  • Wonder whose next if the banks are pulling the rug on law firms - watch them players fall...

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  • I was wondering what took the bank so long.

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  • Its interesting that they have still been hiring at partner level up to quite recently, both in London and the regions to replace the many, many people who have walked. I'm afraid those new recruits only have themelves to blame for joining this firm given its well publicised problems.

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  • Being taken over by BLG sounds like "out of the frying pan and into the fire"!!

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  • How ironic the bank involved is the RBS; when I questioned it in mid-2007 about protection of my assets I was told it was too big to fail; it didn't see what was coming but I did and moved just in time!
    The RBS was involved in aggressive market activity, poor merger decisions, and not being able to see what was coming around the corner, just like Halliwells, perhaps these two were made for each other!

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  • "Anyone who knows the firm or has worked there knows that the firm is built in the utter greed of a selected few. You reap what you sow. Good riddance"

    Totally agree.

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  • I thought their new offices looked very expensive

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  • I have been a commercial litigator in Manchester for about 10 years now, and I have never heard anyone with a single good word to say about Halliwells. They epitomise everything that is currently wrong with the legal industry. I hope their failure serves as a detererrent to others. I have every sympathy for their many hundreds of dedicated staff who risk losing their jobs to enhance the PEP of a handful of soulless nerds, who are wasting their time pursuing money anyway because they don't have the first clue how to enjoy it.

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  • Almost as shocking as the demise of Halliwells is the prospective evolution of Blg into a pile em high sell it cheap operation.

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  • There seems to be common thread running through 90's insurence practises.This is a 3rd insurence firm in my wrking life experiancing difficulties.

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  • 'Average profit per equity partner (PEP) fell by around a third to below £300,000'
    There's a term that needs definition! ''Profit' should really mean what's available for distribution after paying what the partner would receive if he/she were an employee?

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  • Of all the commercial firms I have ever dealt with Halliwells were consistently the most unpleasant, pointlessly aggressive and generally objectionable.
    Manchester is better off without them.

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  • This is such a bad time, it not only affects the employees but also a knock effect to families and extended families and friends.

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