Monday, July 26, 2010

Halliwells Law Firm Now In Administration

Halliwells sinks into administration

Embattled law firm Halliwells has finally sunk into administration and appointed BDO to handle its collapse.
BDO partners Dermot Power and Shay Bannon have been appointed as joint administrators.

Shortly after the appointment the entire business was sold in a number of transactions to various rival law firms which safeguarded 700 partner jobs and staff roles.

Barlow Lyde & Gilbert has scooped 19 of the firm’s partners who will join its Manchester office. The expanded Manchester practice, which will focus on catastrophic injury, fraud, regulatory and public sector work, is expected to take annual revenue at Barlow Lyde & Gilbert past the £100m mark, making BLG one of the top 25 biggest law firms in the UK by revenue. Former Halliwells litigation experts Helen Bourne and Damian McPhun have also joined the firm’s London office as partners. Rival Hill Dickinson has bought the Halliwell’s 19-partner Liverpool office and the remains of its Sheffield practice

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