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(From The Lawyer)
There has been speculation for ages about the fate of James Chapman & Co.
The long-established Manchester firm had a nice line in insurance work, but suffered after being dropped from the Axa panel in 2004. Work coming from the Solicitors Indemnity Fund (SIF) had also been dropping off steadily since it was put into run-off in 2000, although James Chapman remains on the panel.
The firm's name was linked to other North West players. Some sources said it was in talks with Bolton-based Keoghs, for instance. But nobody ever mentioned negotiations with the region's most acquisitive player, Halliwells.
That was probably because the two firms were only in talks for six weeks. The whirlwind courtship led to an announcement at the end of March that Halliwells is taking on the bulk of James Chapman's lawyers and staff, including its core insurance business. However, the headline- grabbing commercial team, led by Manchester United FC director Maurice Watkins, is not joining Halliwells. Instead, Watkins is leading a group of 19 to ...