Skip to content

Entrepreneurs Panel

Jennie Johnson
Laura Tenison
Tony Caldeira
Steve Purdham
Julie Meyer
David Pollock
Charlie Mullins
Debbie Pierce
Jeremy Roberts
Michael Oliver
Brian Hay
Richard O'Sullivan

DWF to acquire Cobbetts

DWF is to acquire fellow law firm Cobbetts via a pre-pack deal.

The deal, which is subject to approval, follows an announcement from Cobbetts, which has around 500 staff, that it is to appoint administrators because of “poorer than expected trading figures” in November and December.

A statement from DWF said, “A sale to DWF represents a solution that would secure the most favourable outcome for its creditors, members, people and clients.

“For clients this move would facilitate the continuation of service delivery and business as usual, with the same service terms they have enjoyed at Cobbetts, thereby ensuring a smooth transition for them and their business interests.”

Andrew Leaitherland, managing partner and chief executive of DWF, said that a merger between the two would have benefits for both firms and their clients.

“There are many synergies between the two firms in terms of the sectors in which we operate and this collaboration will further strengthen our existing business. I am very much looking forward to welcoming the new team to DWF.”

If the deal is approved, the process of transferring people across to DWF will start within seven days.

Leaitherland said that DWF will do all it can to make the integration as smooth as possible. However, he hinted at possible redundancies, as there maybe some areas of overlap due to the size of such a move.

The two firms almost merged last year, but uncertain market conditions curtailed the idea.

By Kirsty Hewitt

Related articles
Cobbetts to enter administration

DWF to acquire Cobbetts
  • Kathryn Parsons, co-founder of Decoded, started with little more than faith and determination, but four years later it’s grown into a global business. Ahead of her appearance at Accelerate 2015 in...

  • Author, writer and marketer Ryan Holiday on how entrepreneurs need to interpret failure.

  • Sue Vizard, business coach and author of Jump Start: The Start-up Book for Your Dream Business, looks at some of the questions solo entrepreneurs should ask themselves.

  • Ian Wright, founder and chief executive of NonExecutiveDirectors.com, is bringing together SMEs and NEDs - without the hefty recruitment fees.

  • Former professional golfer turned entrepreneur Colin Stevens has had a busy 18 months. The Better Bathrooms founder has increased turnover at the firm, secured a multi-million pound investment and...

Five Minutes With

Like Sir Richard Branson, entrepreneur Eric Everard's first business was a student magazine.

It took Richard Shonn, managing director of 151 Products, three years to find a warehouse big enough for his requirements.