Bond Dickinson legacy firms both post improved revenue and PEP
Bond Dickinson has revealed 2012-13 results for legacy Bond Pearce and Dickinson Dees, with both growing revenues to reach a combined total of just under £100m for the newly merged firm. The figures show Bond Pearce performed marginally better than Dickinson Dees during the last financial year, after the firms posted almost identical 2011-12 revenue figures of £46.5m and £45.1m respectively. During 2012-13 Bond Pearce saw its top line rise by 8% to £50.3m, while Dickinson Dees boosted revenues by 4% to reach £48m.
August 05, 2013 at 05:03 AM
3 minute read
Bond Dickinson has revealed 2012-13 results for legacy Bond Pearce and Dickinson Dees, with both growing revenues to reach a combined total of just under £100m for the newly merged firm.
The figures show Bond Pearce performed marginally better than Dickinson Dees during the last financial year, after the firms posted almost identical 2011-12 revenue figures of £46.5m and £45.1m respectively. During 2012-13 Bond Pearce saw its top line rise by 8% to £50.3m, while Dickinson Dees boosted revenues by 4% to reach £48m.
The combined turnover figure of £98.3m would rank Bond Dickinson, which was formed on 1 May, at 35th place in this year's UK top 50 rankings, just ahead of the likes of Osborne Clarke and Field Fisher Waterhouse.
Meanwhile, both firms also saw profits per equity partner (PEP) increase during 2012-13 after posting an identical PEP figure of £235,000 last year. Bond Pearce increased PEP by 14% to £268,000 while Dickinson Dees saw a 2% increase to £240,000 during the year.
Legacy Dickinson Dees managing partner Jonathan Blair (pictured above right) heads up the newly merged firm, with legacy Bond Pearce chairman Nick Page (pictured above left) continuing in the same role.
Blair commented: "We are very pleased with the growth achieved by both firms in this last financial year, which provides a strong platform for our first year of trading as Bond Dickinson. We have already been successful in being reappointed to several panels along with a number of other panel wins.
"We remain focused on the integration of our teams and maintaining outstanding levels of service for our clients. We are working closely with clients within our core sectors and supporting our national client base with the increased capability we can now offer them as Bond Dickinson."
Partners from the legacy firms voted through the merger in December 2012, creating a business comprising around 1,200 staff and 140 partners with offices in eight locations across the UK.
The firm has stated its intention to expand in London and is set to move into 20,000 sq ft of surplus office space previously occupied by Lawrence Graham at More London Riverside beside London Bridge.
|This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All‘Are You Not Profiting From Postmasters’ Misery?’—Politicians Grill HSF, Dentons on Post Office Conduct
'Not a Good Look'—FCA Fines Barclays £40M But Accused of Incompetence
Gibson Dunn Sued by Crypto Client After Lateral Hire Causes Conflict of Interest
Australian Corporations More Concerned About Class Actions Risk, HSF Report Finds
3 minute readTrending Stories
- 1Cars Reach Record Fuel Economy but Largely Fail to Meet Biden's EPA Standard, Agency Says
- 2How Cybercriminals Exploit Law Firms’ Holiday Vulnerabilities
- 3DOJ Asks 5th Circuit to Publish Opinion Upholding Gun Ban for Felon
- 4GEO Group Sued Over 2 Wrongful Deaths
- 5Revenue Up at Homegrown Texas Firms Through Q3, Though Demand Slipped Slightly
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250