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The move — which follows protracted discussions by the partnership — is set to go ahead later this year, although no official date has yet
been set by the firm’s central management.
Dickinson Dees senior partner Robin Bloom told Legal Week: “We have decided to do this with a view to seeing what happens in the marketplace in the future. We want that part of our business to be fully prepared for any changes.”
Bloom added the move was designed to take advantage of the incoming Legal Services Bill, which will allow external investment and stock market listing for law firms for the first time.
The decision sees the northeast firm become the latest major commercial practice to turn its back on volume work in a bid to refocus its activities on high-end commercial activity.
The move also marks the latest development at Dickinson Dees, which earlier this year revealed it was set to open an office in