Skip to main content
CLOSE

Charities

Close

Corporate and Commercial

Close

Employment and Immigration

Close

Environmental, Social, and Corporate Governance

Close

Fraud and Investigations

Close

Individuals

Close

Litigation

Close

Planning and Infrastructure

Close

Public Law

Close

Real Estate

Close

Restructuring and Insolvency

Close

Energy

Close

Entrepreneurs

Close

Private Wealth

Close

Real Estate

Close

Tech and Innovation

Close

Transport

Close

22 July 2024

New international mid-market focused law firm ‘Broadfield’ to be established by BDB Pitmans, with the support of Alvarez & Marsal Legal Services

Alvarez & Marsal Legal Services (AMLS) and BDB Pitmans have signed a Letter of Intent, agreeing to explore the creation of a new international law firm called Broadfield aimed at supporting mid-market private capital and corporate clients.

Broadfield will target rapid expansion through talent and firm acquisition in the UK and US markets with the aim of extending into continental Europe to create a new market-leading, full-service law firm. The individuals, teams and firms that join Broadfield, of which BDB Pitmans is the founding member, will share common attributes, ambitions and an entrepreneurial mindset to navigate legal sector fee and cost pressures while capitalising on opportunities. As a large international law firm, Broadfield will benefit from economies of scale as well as the ability to collaborate on cross-border client work. All Broadfield firms will retain their own governance – in accordance with their jurisdiction – and P&L, to best manage their business with respect to local market conditions.

Once formed, Broadfield will engage AMLS to provide management services to the new firm including technology, back-office services, strategic services for growth initiatives and will also assist in procuring investment capital for the growth of the firm. In addition, AMLS will also explore opportunities for Broadfield to partner with A&M in certain service areas when appropriate for clients.

BDB Pitmans is a UK-based law firm advising mid-market private capital and corporate clients as well as charities, private wealth and the public sector. Its team of 420 experts specialise in infrastructure, real estate, energy, technology, and transport, supporting clients from offices in London, Cambridge, Reading and Southampton. BDB Pitmans benefits from longstanding client relationships that are underpinned by clear advice and practical solutions.

Peter Sacripanti, the Global Head of AMLS said:

Mid-market law firms are generally confined to domestic footprints. They have been facing pressures arising from increasing competition and increasing technology investment demands. Broadfield will have the scale, efficiency and technology to provide a superior service and enable investment in growth. Our objective is to assist Broadfield to build a major international law firm unlike any other in the market.

Christopher Price, Managing Director and EMEA Head of Alvarez & Marsal Legal Services (AMLS), said:

BDB Pitmans has an outstanding track record and reputation in the market. Its infrastructure team is particularly well-regarded and is likely to be busy over the next few years as the new UK Government introduces planning reforms and unlocks investment. We are thrilled that BDB Pitmans has agreed to be the founding firm of Broadfield, and we are in active discussions with others.

John Hutchinson, Managing Partner of BDB Pitmans, added:

Big law firms are pricing themselves out of quality work, yet mid-market firms are failing to capitalise on this dynamic due to structural headwinds. Broadfield is the answer to this problem. We are excited to be working with AMLS in building a compelling client offer that stays true to our heritage and the quality expertise that our clients expect, underpinned by a first-class operating model.

share on

Latest articles

Our Offices

London
One Bartholomew Close
London
EC1A 7BL

Cambridge
20 Station Road
Cambridge
CB1 2JD

Reading
The Anchorage, 34 Bridge Street
Reading RG1 2LU

Southampton
4 Grosvenor Square
Southampton SO15 2BE

 

Reading
The Anchorage, 34 Bridge Street
Reading RG1 2LU

Southampton
4 Grosvenor Square
Southampton SO15 2BE

Follow us

  • Lexcel
  • CYBER ESSENTIALS PLUS

 

BDB Pitmans has launched Broadfield and is now part of the new transformative international law firm.

Should you need to confirm our bank details, please call +44 20 7092 6996.

© BDB Pitmans 2024. One Bartholomew Close, London EC1A 7BL - T +44 (0)345 222 9222

Our Services

Charities chevron
Corporate and Commercial chevron
Employment and Immigration chevron
Environmental, Social, and Corporate Governance chevron
Fraud and Investigations chevron
Individuals chevron
Litigation chevron
Planning and Infrastructure chevron
Public Law chevron
Real Estate chevron
Restructuring and Insolvency chevron

Sectors and Groups

Private Wealth chevron
Transport chevron