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Co-op prepares to access 'every court in the land' with new bar panel

Anonymous | 2-Oct-2012 10:16 am The Coop are not a charity, they are charging poor/low level income people for services. These people don't have lawyers because they can't afford to pay lawyers. Regional lawyers dealing with family matters are pretty cheap as it is, so their market is people who cannot afford really cheap lawyers. Therefore fixed fees would have to be extremely low in order to make the client "bite". With fixed fees being so low, I don't see how they could generate any real profit, especially in these financial times. Furthermore, and probably most importantly, they are going to harm their group servies by offering family law services. No one is going to shop at or bank with the coop if they have taken their kids away, neither are their family or friends. So for every £200 fixed fee divorce or £300 hearing to decide access to their children, they will lose many times that amount by offending the opposing party. It's a self-defeating business model from a business that has grown far too fast. Their outgoing CEO said it could have been the next Woolworths but for a restructure, well it's now many, many times the size of Woolworths and much more dysfunctional as far as I can make out.

2-Oct-2012

6:32 pm