Categories:North East

Mincoff Jacksons to de-merge a year after forming

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  • I'm not surprised that Newcastle firms have suffered disproportionately; they were vastly over partnered before the market began to stall.

    I moved to the corporate department of a leading Newcastle firm from a top 10 law firm.

    I was staggered to find that the Newcastle firm's corporate department had just over 3 times more partners than my previous firm. However it did less than 30% of the work of my previous firm (by deal value).

    This inefficiency was mirrored by the working practices of the firm which were more 1970s than 21st century. I left as soon as I could.

    I'm not surprised by the Mincoffs Jacksons split. There have been mutterings for months.

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