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DWF acquires Cobbetts

DWF has acquired fellow law firm Cobbetts.

Cobbetts officially entered administration yesterday, blaming poorer than expected trading last November and December.

The firm, which has around 490 employees across its offices in Manchester, London and Leeds, will start to move staff to existing DWF office space within the next few weeks.

DWF has revealed that it will honour all training contracts which includes those already in place, as well as those contracts entered into with trainees who are yet to start.

The acquisition does not include the Cobbetts’ debt recovery team, Incasso.

Andrew Bennett and his finance litigation team are also excluded from the deal due to the potential commercial conflicts following DWF’s recent merger with Fishburns. In an agreed move, the team will join Leeds-based firm, Walker Morris.

Andrew Leaitherland managing partner, DWF, said that both firms agreed that the acquisition was the best route forward.

He added, “This is the latest milestone in what is already proving to be a positive year for DWF and one that continues along our clearly defined plan of strategic growth.

“It’s crucial that when exploring deals such as these we are certain that the move is the right one, and we’re extremely confident that this is the case, with it further reinforcing our sector expertise, business knowledge and our ability to best serve our clients’ business interests.”

By Kirsty Hewitt

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