Categories:North East,UK

Bond Pearce merger cost Dickinson Dees £728,000, accounts show

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  • A surprisingly poor set of results. It's a shame as Dickinson Dees had lots of potential in the early 2000s but for various reasons it underperformed thereafter.

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  • Bond Pearce posted its accounts in December 2013. In it's final year profits rose by 11.4% and turnover went up by 22.2%. Now the Dickie Dees figures are public, we can all see that this wasn't a merger of equals.

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  • Am I right in thinking that those results are just slightly better than the other Magic Circle firms did this year?

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  • Bond Dickinson LLP can console themselves that they are one of the "Top 25 most admired companies" in the UK alongside household names like Equiom, Saffrey Chapness and New Quadrant Partners LLP.

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  • Hats off to the Newcastle partners. Quite how they managed to persuade the Bond Pearce partners to buy into this deal is beyond me. Well done lads.

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