This wasn't necessarily a good thing: collision work was declining thanks to better maritime regulation and training, and protection and indemnity clubs were, well, clubbing together to drive their lawyers' rates down as well as bringing more work in-house. As European expertise in the field increased, more work was also going to Netherlands, Belgium and Germany, whose rates are generally cheaper than in the UK. So Clydes decided to diversify and expand. And they've done a pretty decent job of under the stewardship of CEO Peter Hasson, a non-lawyer from a finance background. As the name suggests, Clydes was very much in the driving seat when it subsumed merged with BLG in Turnover has been rising since - credit crunch or not.
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2 The Rescue: Meet Clyde!
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Mussi has been on-and-off single for nearly 15 years while Resto has been single in Seattle for the past three years. We find a spot to sit down, I grab my pen, and turn on my recorder. He offers to buy me a beer, but I decline. We both get our own drinks because this is not a date.
WATCH: Day 2 of testimony in hearing for accused parents of Baby Joe
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The 40 potentially impacted roles are out of a total of UK secretaries at the firm. As it is an ongoing process, it would be inappropriate to comment further at this time. The spokesman added: "We can confirm that in addition there are a number of other small, discrete and unrelated consultation processes taking place across the firm. CMS is also understood to be making cuts. CMS declined to comment.