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Birmingham commercial firm Shakespeares is in merger talks with local practice Philip Baker & Co.Philip Baker specialises in representing personal injury claimants.A merger between the two would come as a surprise considering the increasing volatility in the PI market.Several firms are understood to have considered off-loading their PI departments as fears grow of a squeeze on the market, following changes to the legal aid system.Shakespeares' managing partner Andrew Argyle confirms that discussions are taking place. But both parties stress talks are at a preliminary stage.Tim Baker, senior partner at Philip Baker, is hopeful that the talks will be successful. "I'm anticipating that [a decision] will be [made] in the next two to three weeks," he says.If the merger takes place it is understood that Baker will either be employed as a consultant or leave practice altogether."I thought it was time to get out of the law," he says.Philip Baker has four partners and four additional fee earners.
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