In a strategic move set to reshape the mid-market legal landscape, Southern England’s BDB Pitmans has transitioned to Broadfield UK. This transformation marks the firm’s inception as the founder of a burgeoning international law network.
BDB Pitmans, now operating as Broadfield UK, aims to revolutionise service delivery by forming a network of law firms across Europe and the USA, targeting mid-market private capital and corporate clients. The network is supported by SHP Legal Services, a branch of the global consulting firm Alvarez & Marsal. This partnership reflects a shift towards integrating management expertise in technology, operations, and talent acquisition into traditional legal practices.
John Hutchinson, managing partner of Broadfield UK, highlighted the firm’s ambition to expand internationally while maintaining independence. This approach allows Broadfield UK to harness the benefits of global consultancy support without compromising its local identity. The move also supports domestic expansion through potential mergers and acquisitions.
SHP Legal Services was established to provide strategic and operational consultation to law firms globally. Their UK head, Chris Price, brings substantial experience from his time at EY and Riverview Law, adding valuable expertise to the venture.
The collaboration offers a promising solution to modern challenges faced by law firms serving mid-market clients. Peter Sacripanti, CEO of SHP, notes the industry’s pressing need to adapt to technological advancements and globalisation, which Broadfield UK aims to address through this innovative model.
Hutchinson also emphasises the importance of aligning with firms that share similar values and ambitions, focusing on complementary skills and significant market presence. Broadfield UK has already garnered interest from potential member firms and plans to announce initial additions by early 2025.
This initiative holds potential for strengthening relationships with independent firms while fostering a cohesive network. The collaboration aims to modernise member firms by upgrading their existing structures, thus enhancing client service and operational efficiency.
Broadfield UK’s initiative represents a forward-thinking approach to legal services, embracing global consultancy partnerships to address evolving market dynamics. This strategy not only seeks international and domestic growth but also paves the way for enhanced collaboration among mid-market law firms.