BLM DAC Beachcroft Morgan Cole offloads claims group to DAC Beachcroft and BLM By Hannah Gannage-Stewart 15 November 2013 14:54 17 December 2015 13:50 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 20 November 2013 at 20:20 It makes slightly more sense to be off-loading injury teams than buying in this climate. Reply Link Anonymous 21 November 2013 at 12:05 The Defendant Insurance Division at MC has been faltering for years: no strategy and no investment. You can only reap what you sow. Reply Link Anonymous 21 November 2013 at 12:39 The defendant insurance liability solicitors’ team (who worked under the then head of FOIL in the Thames Valley) all tired of the lack of investment, lack of strategy and the inability of the partners to attract work, and have all moved on in recent years. With practically all the injury related defendant fee-earners in both Cardiff and Bristol departing, I am not sure what that leaves Morgan Cole to “refocus” on? Reply Link Anonymous 21 November 2013 at 12:47 It has to be said, and this is as good an opportunity as any, that there has not simply been “natural wastage” over the last few years in relation to the defendant liability lawyers in the Thames Valley, but a culture of bullying and victimisation at MC: the downsizing I think has been long in the planning, and in the execution. Reply Link Anonymous 21 November 2013 at 12:51 The defendant insurance division at MC had major insurance clients, and was very profitable for a long time, but this is what lack of investment under Carr has done. Reply Link Anonymous 21 November 2013 at 12:55 Even the head of the top rated credit hire team in the Thames Valley has exited from the partnership: always a sign of lack of faith. Reply Link Anonymous 21 November 2013 at 12:58 Carr will no doubt be thrilled at the salary saving. Reply Link Anonymous 25 November 2013 at 14:53 It makes sense for BLM or DAC to make an announcement, but I am not sure why MC needs to do so. Perhaps the teams were looking elsewhere or head hunted, and MC are trying to save face by making these moves look pre-planned, and/or “strategic”. Reply Link Anonymous 25 November 2013 at 15:15 I distinctly recall the TV insurance partners running down the TV defendant team: a combination of natural wastage, then pushing by bullying, victimising/starving or work etc. All this occurred after opening their newer “flagship” Bristol insurance office, with recruitment continuing there. Interesting to see that Bristol has not worked out for them either, and so there is a God! Reply Link Anonymous 25 November 2013 at 15:23 If you look at the figures, most of the Bristol & Cardiff insurance division is going, so with most of the TV insurance team having left, “refocusing” is surely a bluff? Reply Link Anonymous 25 November 2013 at 15:28 I was once told by a TV insurance partner that it was the then considerable, regular fee income of the defendant insurance division that financed the firm, other sectors such as corporate, employment etc. having peaks and troughs or dry spells in their fee income. If practically all of insurance goes, where does that leave other sectors? Reply Link Anonymous 26 November 2013 at 13:40 With virtually all of Bristol and Cardiff leaving, and those in the TV who were capable of finding employment elsewhere having left, that now leaves a credit hire team under Neil Forsyth and a small property damage team under Kirsteen Mace for the taking in the TV. Any takers or bidders at all? Reply Link Anonymous 26 November 2013 at 14:33 MC also used to have a fledgling professional negligence team in Cardiff under Claire Hughes Williams, but that got lifted by DAC too. Reply Link Anonymous 26 November 2013 at 15:07 The insurance teams at Morgan cole were always viewed as inferior by the rest of the firm, and many of the solicitors were paid less than solicitors in other departments despite having the same targets in terms of fee income. It’s no surprise that they are now moving to firms which recognise the value of insurance work Reply Link Anonymous 27 November 2013 at 10:11 Out of the frying pan and in to the fire… Reply Link Anonymous 27 November 2013 at 12:59 Many an agent told me I was being under paid, but the TV insurance partners just believed in milking profits, not in investing in staff, their training or (sadly) even strategy. Virtually no clients or staff left, what will fund the partners’ lifestyles now? And if defendant insurance litigators are viewed as “inferior” to the eg. commercial lawyers, then it will be interesting to see how those departments fare without the considerable monthly fees insurance generated. Reply Link Anonymous 27 November 2013 at 13:08 I am not sure what need there is going to be for even the few insurance partners left with virtually no employees remaining. Perhaps even the least bright/able like Cole “less than a Desmond” junior will have to step into the real world & find a job. Reply Link Anonymous 27 November 2013 at 13:12 I expect DAC and BLM are just pinching these teams to consolidate their position on panels. Thereafter, who knows whether those transferred will still be required. Reply Link Anonymous 27 November 2013 at 13:29 I think this comment by Carr is just after-the-event and reactive: if the work is not profitable then why are teams still being taken? Reply Link Something for everyone 27 November 2013 at 22:03 Does TV stand for transvestite? Reply Link Oh Dear 28 November 2013 at 13:20 I did rather wonder why, when the head of the insurance division “left”, there was no replacement. Clearly, there was no real need. Reply Link Anonymous 10 January 2014 at 11:20 Solicitors at MC in the Thames Valley were being made uncomfortable from circa 2005 onwards – I saw solicitors being isolated, bullied, and suddenly disappear. The Bristol and Cardiff teams may or may not have been offloaded: they may have simply started to experience what their Thames Valley colleagues experienced a bit earlier and simply found themselves a better home (and good luck to them all!). Reply Link Anonymous 20 February 2014 at 12:12 Elizabeth Carr said: “The insurance claims handling market is a developing and evolving area of the legal sector”. Oh really? Has she only just figured this out? Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.