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Three years after merging, both sides admit that hopes were not realised
Morgan Cole partners have agreed to the de-merger from today of the firm's niche London market insurance practice that has been trading as Fishburn Morgan Cole since the merger between Morgan Cole and Fishburn Boxer in April 1999. The de-merged practice will trade as Fishburns and continue to be based in offices at St Mary Axe. All partners and staff based in St Mary Axe will transfer from Fishburn Morgan Cole to Fishburns. A join statement said: At the time of the merger between Morgan Cole and Fishburn Boxer, both parties envisaged synergies from a combined firm. Also, it appeared that Fishburn Boxer would benefit from the established infrastructure of the larger Morgan Cole. The aspirations of each party have not been fully realised and each has formed the view that their interests would be better served by de-merging.