Burges Salmon has set in motion plans to invest up to £50m for new city-centre premises in Bristol.
The move to new offices is designed to accommodate an anticipated increase in staff from the current 530 to an estimated 900 by the time its current lease expires in 2010.
Last week, property consultants FPDSavills, which has also advised on relocations for Ashurst and DLA, and project managers Gleeds won a tender to advise the firm on its search for more than 150,000sq ft of space at a single site in Bristol.
The firm has yet to decide whether to build the new premises from scratch or to move into an existing site. However, it is understood that the new development at Temple Quay, where Osborne Clarke already resides, is among the early frontrunners.
Burges Salmon currently occupies around 90,000sq ft in premises along Narrow Quay in Bristol’s city centre. The site has been home to the firm for the past 20 years, during which time it has expanded and taken extra floors in adjacent buildings linked to the main site.
Managing partner Guy Stobart said: “We were particularly impressed by FPDSavills’ track record in advising law firms such as Ashurst, DLA and Pinsents on similar projects.”