UK top 200 ranking: 57
South West firm Bond Pearce had a satisfactory 2011–12 financial year, with a slight increase in revenue and a larger increase in profit.
The biggest news for Bond Pearce in 2012 was the announcement in early December that the firm would be joining forces with Dickinson Dees. Effective from 1 May 2013, the merger will see new firm Bond Dickinson house eight offices across Aberdeen, Bristol, Leeds, London, Newcastle, Plymouth, Southampton and Tees Valley. As part of the deal, the firms are also set to move into larger offices in London.
The announcement obviously boded well, as barely a week later the firm snapped up four oil and gas partners in Aberdeen from Scottish firm Maclay Murray & Spens as it prepares for its merger with Dickinson Dees. The hires occurred just nine months after Bond Pearce and Maclays called off their own merger talks.
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Analysis from The Lawyer
When Bond Pearce and Dickinson Dees announced they were in merger talks a couple of weeks ago the synergies between the two firms were instantly interesting. Never mind the fact that geographically the firms are almost mirror-images – Bond Pearce in the South West and Dickinson Dees in the North East – when it comes to financials this is as close to a merger of equals as it is possible to get.
Alliances, failed and successful, are the story of the year outside London
Overview3 Temple Quay
Temple Back East
Turnover (£m): 46.5
Total lawyers: 244