Bond Pearce LLP

The Scoop

Bond Pearce is among the fastest-growing law firms in the South West, bringing in £48 million per year in turnover as its team has swelled to more than 70 partners and 350 total fee earners. The firm holds itself up as a client-focused outfit, a goal highlighted through its "Clients First" initiative. As part of that programme, Bond Pearce also endeavours to make itself a great place to work.

Brand building

Bond Pearce's profile is larger than its size suggests, with a national reputation in energy, retail, insurance and real estate, among other sectors. The firm advises more than 40 FTSE 350 companies, making it one of the leading FTSE advisors outside of London. Among the household names on the firm's client list are Sainsbury's, LloydsTSB, BBC, Associated British Ports, the Kingfisher Group and the Crown Estate.

Bond Pearce doesn't just represent big name clients, it represents them with distinction. In 2010 it won the Legal Week Best Legal Advisor award, which is based on a survey of more than 1,200 senior in-house lawyers in the FTSE 100, the FTSE 250, small cap, AIM and the 100 largest privately owned businesses in the UK; the firm scored high marks for personal service, IT management, cost and alternative billing, and most importantly, quality of legal advice. Bond Pearce followed up this win by being shortlisted for The Lawyer magazine's 2011 Law Firm of the Year award.

Can you hear me now?

In addition to the news releases and other text documents that most firms publish to provide insight into legal developments for existing and prospective clients, Bond Pearce has a growing collection of audio-visual presentations. With nine video briefings, and two audio-only, the advice covers a range of matters such as waste to energy facilities, employment regulations and landlord-tenant disputes, giving a bit of insight into the style and culture of the firm.

Recent News

Hardly a let down

In August 2011, Bond Pearce advised Rockspring, a European property fund manager, on the lease of 90,000 square feet of office space in Kingston-Upon-Thames to Saipem, an international oil company. The 15-year-lease, scheduled to commence in 2012 following refurbishment to the building, is the largest letting of the year in the South East outside of London.

On and off the wagon

Bond Pearce represented Piper Private Equity on the sale of its stake in Bottlegreen, a producer of cordials and sparkling spirits, in May 2011. Piper had invested £5 million in Bottlegreen in 2007, and since then seen a five-fold return on its investment. Bond Pearce has also recently advised Piper in the acquisition of a minority stake in Celtic Sheepskin, a boot manufacturer that has seen 20 per cent every year for the past decade.

We'll do it ourselves

In the spring of 2011, Bond Pearce advised home improvement retailer Kingfisher in the acquisition of property from the failing Focus DIY chain. Of the 178 stores Focus owned, 55 had been sold as of May, with 31 of those properties purchased by Kingfisher for a price of £23 million. Kingfisher plans to add the stores to its B&Q chain, which already has more than 850 locations.

Quite a production

Working with its longstanding client, Bond Pearce advised the BBC in the sale and leaseback of the New Broadcasting House in the Oxford Road corridor of Manchester. The bidding process lasted more than a month, with Realty Estates eventually chosen as the winner with a £10 million bid in May 2011. Though the BBC remains the tenant of the building, it plans to move its broadcasting operations to MediaCityUK at Salford Quays.

No clowning around

In January 2011, Bond Pearce teamed up with fellow Bristol firm Osborne Clarke to advise property investment group Kandahar on the sale of its majority stake in Drake Circus Unit Trust to British Land for £240 million. The Trust owns the Drake Circus shopping centre in Plymouth, which has over 550,000 square feet of retail space occupied by 70 vendors, and is visited by some 19 million people a year. Bond Pearce acted on the property, planning, construction and employment aspects, while Osborne Clarke provided advice on the corporate, trust, tax and financing aspects.

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Bond Pearce LLP


3, Temple Quay
Temple Back East
Bristol BS1 6DZ
Phone: +44 (0)845 415 0000
www.bondpearce.com

STATS


  • Employer Type: Private
  • Managing partner: Victor Tettmar
  • Total No. Attorneys 2011: 274

Major Office Locations

  • London, United Kingdom
  • Bristol, United Kingdom
  • Southampton, United Kingdom
  • Aberdeen, United Kingdom
  • Plymouth, United Kingdom

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