Gordon Dadds buys Davenport Lyons out of administration

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  • The Bank of Mum and Dadds?

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  • How did the firm get into debt? By hiring individuals, paying too much, and not receiving enough in terms of following. Hello Dewey, ...hello bad management. GD will no doubt ditch all under performing partners in months to come. So keep calling all you headhunters out there.

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  • No one plans to go into administration unless there is pressure from somewhere - hardly a great plan to secure a good deal.

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  • The deal is for 80 members of staff, and there are 73 fee earners. So possibly just 7 support staff.

    What a nice way to look after your hard working normal employees!

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