London law firm Bircham Dyson Bell (BDB) and Thames Valley outfit Pitmans are in talks over a possible merger.
In a joint statement issued this morning, the duo revealed they were holding “exploratory merger discussions” that, if successful, would create a new 80 partner outfit with over 400 staff and a combined turnover of £50 million (US$65.2 million). A formal vote with partners will take place on September 27.
The announcement stated that there are a number of “obvious synergies” between the two firms including “sector focus, culture and geography.” It continued, “We have decided to make this announcement now so that we can be transparent with our staff and clients throughout the process. As the discussions progress we will make further announcements.”
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