Aviva drives Greenwoods' 50-strong PI team to DWF following Parabis tie-up

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  • This will be an undoubted huge blow to Parabis/Plexus, and not for the first time in the posts LSA/ABS area, we will continue to see it is the Insurer, not the law firms who will be the final arbiter, on which firm merges with which. A team of 11 partners, with attendant fee-earners is a coup for DWF. I would estimate that the team provide nearly half of Greenwoods revenues. Does anyone know, which partners are actually off to DWF, and is it the whole team, or some of it?

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  • "...further establish DWF’s position as one of the UK’s leading insurance law firms". I thought it was trying to convince everyone it was a full service commercial law firm? Not likely...

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  • Some quality names amongst those transferring. Steve King, Charles Ashmore, Stephen Byas, Mike Suddards. As the first poster says this is a big blow to Plexus.

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  • Is Malcolm Henke off also?

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  • "I thought it was trying to convince everyone it was a full service commercial law firm? Not likely..."

    Is there a reason it can't do both?

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  • Re Alan @ 5.46.

    I very much suspect Malcolm Henke will be on the departing train if it's Aviva driving the move. Given the other partners listed by Anon above, I would be surprised if the client defectors are limited to Aviva.

    Yes, a blow to Plexus but it sounds as though the move came as no surprise and clear at the time the merger was agreed.

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  • Re Alan @ 5.46.

    I very much suspect Malcolm Henke will be on the departing train if it's Aviva driving the move. Given the other partners listed by Anon above, I would be surprised if the client defectors are limited to Aviva.

    Yes, a blow to Plexus but it sounds as though the move came as no surprise and clear at the time the merger was agreed.

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  • I always took the view that , Greenwood's should have continued to differentiate themselves from the volume factories, who are seeking scale for scale sake. Greenwoods are an excellent firms across all range of Insurance type cases, with a well articulated and strong brand. Much is said about get big or get niche, and greenwood's were the latter, and doing very well because of it. I fear they have been bullied by the rhetoric peddled by the factories that all Insurers want scale, no matter what, and they don't necessarily. I predict the Aviva team ultimately spinning out of the DWF factory, when the see what the actual landscape is there. Robin Simon have been true to their core strategy and rebuffed all manner of approaches from the factories, and it is firms like this that will truly prosper, once the dust has settled.

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