The professional services industry operates in a competitive and pressured environment.
From understanding client needs to optimising profit margins, businesses also need to navigate globalisation, ethics, ESG and technological issues to stay ahead of the pack.
Our specialist team cover the full range of work for professional and financial services firms including marketplace dynamics, strategic responses and execution routes across the UK and beyond.
Womble Bond Dickinson's tailored proposition covers a wide range of services that cater to the needs and aspirations of our clients.
How we can help:
- Advisory services
- Transactional services
- Regulatory services
- Legal risk and compliance services.
How we've already helped:
- Mentoring the Managing Partner of a European law firm
- Advising a UK MP and Board on growth strategies and vision development
- Advising on UK Top 50 merger
- Advising an international law firm on worldwide network arrangements.
Find out how we can support your business
By submitting this form, you consent to receive relevant communications by email from Womble Bond Dickinson (UK) LLP and have read and agreed to our privacy policy.
We’re experienced at facilitating the big picture thought process for creating, engaging, communicating, and implementing the vision and purpose of professional services firms through our range of services:
- Vision and strategy reviews and creation
- Execution routes, including mergers and acquisitions
- Partner remuneration models
- Profitability reviews
- Expansion and internationalisation
- Professional development.
We provide a variety of transactional legal services to help your professional practice develop and grow, including:
- Setting up new firms
- Drafting and advising on LLP, partnership, and shareholders agreements for professional services firms
- Advising on converting to an LLP
- Acting on the buy or sell side on mergers, acquisitions, disposals, and demergers
- Advising on innovative regulatory solutions including Alternative Business Structures
- Drafting and advising on consultancy agreements and employment contracts for your staff at all levels
- Advising on how to set up an international network of firms, including how to establish potential structures and successfully navigate regulatory issues
- Advising on UK IPOs and fund raisings.
When a firm is facing challenging times, the situation is often not as bleak as it seems.
We encourage and assist our professional practice clients to tackle their issues as soon as possible with the following services:
- Supporting professional firms facing financial challenges
- Advising pre-emptive regulatory action
- Proactively managing a firm’s relationship with their regulator
- Advising individual solicitors on the best route to preserve their practising certificates
- Supporting lenders, firms, and partners to achieve the best possible outcome.
Through our well-established solicitors’ defence practice, we have over 50 years’ experience acting for law firms and other legal professionals, including barristers, legal executives, licensed conveyancers and will writers.
Our practice ranges from small insurance claims based on conveyancing errors to multi-million-pound disputes against firms ranked at the top of their profession.
Our legal risk and compliance services include:
- Assisting law firms and their insurers with a variety of regulatory and risk issues that arise from current day legal practice
- Providing a partner-led service to ensure requisite level of experience and understanding is available to meet the expectations and demands of larger law firms
- Dealing with complex claims and challenge in-house, mitigating the need to instruct experts or counsel.
"It is a pleasure to work with the team who are very insightful and have massive experience in all aspects of leading a professional services firm.
"I think what sets them apart from many others in the field is, first and foremost, their hands-on experience but also that they are reflective about it and can use it in an advising capacity.”