The demise of Linder Myers last week brought to the fore the little-known Solihull-based HCB Solicitors, a firm that has propelled its growth through hoovering up struggling rival firms in the North West.
As one door closes, another opens.
The break-up of major regional stalwarts such as Cobbetts, Halliwells and Semple Fraser has paved the way for a wave of consolidation. From the very large, such as DWF, to the very small, like Neil Hudgell Solicitors, there are opportunities to be had in a rapidly changing market.
A note of caution though – Linder Myers had also previously shaped itself as a consolidator, scooping up several failing firms in a bid to accelerate its growth, before falling into financial difficulty.
Who will emerge as king of the regions?
Also on The Lawyer:
- Criminal barristers will walk out again on 7 March in protest against legal aid cuts
- The Crown Estate has launched a panel review of its rural roster
Ince & Co has launched a redundancy consultation with 10 shipping and finance fee-earners and six secretarial staff