'This is not about trying to create a mid-market DLA Piper' - why Womble Bond Dickinson's leaders are not planning to go global
Bond Dickinson's Jonathan Blair and Womble Carlyle's Betty Temple set out their plans for their new transatlantic union
June 02, 2017 at 05:40 AM
4 minute read
Bond Dickinson managing partner Jonathan Blair insists his firm's transatlantic tie-up with US counterpart Womble Carlyle is not the first step in a path towards multiple international mergers, like Dentons or DLA Piper.
"That is not part of the plan – this is not about trying to create a mid-market DLA Piper," he insists. "This is unique, there is no other entity which has done what we are doing with a transatlantic tie-up focusing on these two jurisdictions."
What sets the union, due to go live in October, apart is that neither firm has a single office outside its home country.
Bond Dickinson, formed through the 2013 merger between Bristol-headquartered Bond Pearce and Newcastle-based Dickinson Dees, has eight offices across the UK, while Womble has 15 offices across the US.
While the UK firm has referral relationships with Germany's Redeker Sellner Dahs and France's Bersay Associés, to date it has had no international offices under its own brand name. Womble meanwhile has so far relied on its Lex Mundi links outside the US and UK.
Not that Blair is ruling out further mergers entirely. While not part of the plan, he concedes: "I wouldn't say never." Indeed, when the initial alliance between the two firms was signed a year ago, a merger was not part of the original plan.
According to Blair, it was the success of this initial alliance as well as macro factors like Brexit that prompted the two sides to seek further integration.
"The strategic alliance was proving a success and other things happening, such as the UK voting to leave the EU and the US voting in Trump, meant that [the UK and US] started falling back on their special relationship, with political and economic ties between the two becoming increasingly important."
Womble Carlyle's CEO and chair, Betty Temple, says the deal will create a "new breed of transatlantic law firm", building on the success both firms have gained in regional markets rather than capital cities.
Temple says the new entity will aim to "deliver the classic Womble and Bond Dickinson service throughout the country and on a regional basis".
The deal, structured as a company limited by guarantee, will leave both the UK and US firm in full control of their finances and strategy.
Critics could argue that on this basis the deal does not sound much more integrated than the previous exclusive alliance.
Blair, however, refutes this, saying: "We will go to market as one; there will be one single website, the same email addresses." He also mentions the joint management board, which will run the combined entity, consisting of four partners from each firm.
From a client perspective, Blair says the deal will provide a "quality kitemark" and that if clients "have bought Bond Dickinson in the UK or Womble Carlyle in the US and recognise the quality of the advice, we can now say that we can do that in the UK or US as well".
Areas of synergy, according to Temple, include financial institutions, where both firms have been working with challenger bank Atom Bank during the past year, manufacturing, real estate and the retail and consumer sector.
Temple cites Bond Dickinson's strength in the energy and transport sectors as something that Womble would like to replicate and also mentions Womble's strength in life sciences as something that could be emulated across the Atlantic in the UK.
While neither firm is particularly well known outside of its domestic market, the new leaders think this will change under the new Womble Bond Dickinson banner.
Blair is certainly not concerned about any memories of furry TV show characters the name may evoke in the UK.
Womble is a "very strong brand in the US" he says, adding: "I am aware of the 1970s connotation around The Wombles, but it is something of nothing I would say."
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
© 2025 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 AllX-odus: Why Germany’s Federal Court of Justice and Others Are Leaving X
Mexican Lawyers On Speed-Dial as Trump Floats ‘Day One’ Tariffs
Threat of Trump Tariffs Is Sign Canada Needs to Wean Off Reliance on Trade with U.S., Trade Lawyers Say
5 minute readTrending Stories
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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