The Plymouth waterfront offices of giant law firm Womble Bond Dickinson is to undergo a £1million refurbishment.
The company, one of the Ƶ’s top 20 law firms, is upgrading and refurbishing its Ƶ bases to support the continued growth of the firm, and has secured £3.9million from HSBC Ƶ to do this.
Womble Bond Dickinson is using £1million of this lending to upgrade and refurbish its Plymouth office at Ballard House, following the extension of its lease in June 2019.
The rest of the funding will be used to upgrade other offices around the Ƶ, including work already completed in Southampton and Bristol, with further plans for its other offices in 2020 and beyond.
The investment follows continued year-on-year growth for the firm, which operates in eight Ƶ cities.
Martin Lucas, chief financial officer at Womble Bond Dickinson, said: “We have a long-term commitment to Plymouth and the other cities where we’re located around the Ƶ.
“The support we’ve received from HSBC Ƶ allows us to make significant improvements to a number of our offices.
“Our Plymouth office continues to go from to strength, providing clients with a unique offering of national and international experience on their doorstep. We look forward to developing the business further with their support.”
Ben Foster, relationship director at HSBC Ƶ, said: “Womble Bond Dickinson is a well-established transatlantic firm. More and more, law firms are improving their regional offering and footprint across the Ƶ and it is great to see WBD investing in its regions.
“HSBC Ƶ has worked with the firm for a number of years and we are delighted to provide support to allow them to develop many of its offices across the country.”
Womble Bond Dickinson provides legal services to local, national and international clients, with Ƶ operations in Newcastle, Bristol, Leeds, Plymouth, Southampton, London, Aberdeen and Edinburgh, as well as several sites in the US.
The finance was allocated from HSBC Ƶ’s new national new £14billion SME Fund, which aims to actively support Ƶ businesses realise their ambitions for growth and navigate Brexit.