Advertisement
Last updated:
June 1, 2026

BCLP

Silver Circle
·
Founded via merger in 2018
Known for:
Real Estate
Corporate / M&A
Litigation & Dispute Resolution
Visit firm website
31
offices globally
$860m
revenue 2024
$1.1m
profit per equity partner
110+
London partners

About

BCLP

BCLP (Bryan Cave Leighton Paisner) is a large transatlantic law firm formed in 2018 from the merger of US firm Bryan Cave and City stalwart Berwin Leighton Paisner (BLP).

The transatlantic tie-up expanded the firm’s global reach and bundled together complementary strengths to create a firm with combined revenues of over $900 million.

Berwin Leighton Paisner had a solid reputation in the City - BCLP is still considered a member of the Silver Circle today - and brought its market-leading real estate and infrastructure practices to  the table, having been a prominent player in the UK legal market since its inception in 1970. Bryan Cave, meanwhile, brought serious corporate and litigation clout from its St. Louis roots (founded in 1873).

BLP was also something of a trailblazer in the field of so-called "alternative legal services” - offering legal support services to in-house teams outside of a traditional law firm setup.

The firm did this through its Lawyers on Demand (LoD) unit launched in 2007 offering clients a flexible staffing model, providing them with access to lawyers on an interim or project basis without the need for a permanent hire or a traditional secondment. BCLP sold the business to private equity shortly after the merger in 2018.

Today, BCLP boasts an impressive international offering with a strong US focus, employing over 1,200 lawyers and operating from 31 offices across the US (where it counts 20 offices), Europe, the Middle East, and Asia. It also still has two offices outside London in the UK, one in Manchester and the other in Southampton.

While BCLP is a full service firm, it is best known for its top-tier real estate practice which is still its strongest suit. Other departments like corporate and litigation are solid, but occasionally overshadowed by bigger transatlantic or City rivals.

Unfortunately for BCLP, the jury’s still out on whether its 2018 merger was a success, with revenue and headcount trending downwards almost yearly since the combination.

Recent work highlights

Recent deal and industry highlights for BCLP include:

Acquisition of SpaceNK: In July 2025, BCLP advised Space NK and owner Manzanita Capital on its acquisition by New York-listed cosmetics chain Ulta Beauty.

Acquisition of EasyHotel: In May 2025, BCLP advised long-standing client Tristan Capital on its €242 million acquisition of budget hotel chain EasyHotel.

LXi REIT plc and LondonMetric Property plc Merger: BCLP advised LXi REIT plc on its £6.2 billion merger with LondonMetric Property plc in 2024. The combined entity became the fourth-largest Real Estate Investment Trust (REIT) in the UK, with a property portfolio valued at £6.2 billion.

Advertisement
Advertisement

What is BCLP known for?

BCLP is a full service corporate law firm. It is best known for its expertise in the following practice areas:

Real Estate

Strong across the board on all real estate matters - contentious and non-contentious, the firm boasts one of the City’s best real estate practices. It is ranked in Band 1 by Chambers for both real estate litigation and high-value real estate transactions.

Corporate/M&A

BCLP has a well-regarded corporate practice for mid-market deals. It has a Band 3 ranking by Chambers for mid-market work.

Litigation

BCLP is strong in litigation, including high-value commercial disputes and banking litigation. It is ranked in Band 3 by Chambers for banking litigation, and Band 4 for commercial disputes.

Financial performance

$860m
revenue 2024
$1.1m
profit per equity partner

BCLP is among the top 15 biggest law firms in the UK by revenue. In 2024, its revenue was $860 million.

In 2024, its profit per equity partner (PEP) was $1.1 million.

London salaries

Here’s what BCLP pays its London trainees and newly qualified (NQ) lawyers:

Trainee first year:
£53,000
Trainee second year:
£58,000
Newly qualified (NQ):
£125,000
See how BCLP compares across all of the UK’s top law firms

Who does BCLP compete with?

BCLP competes with mid-market City rivals and is looking to establish itself as a transatlantic powerhouse. Its competitors include:

Trainee information

Training contracts
20
Seat structure
4 seats
Seat length
6 months
Find out more and apply for a training contract or vacation scheme at BCLP

Other things to know

Financial Struggles: It’s fair to say that BCLP has hit a bit of a rocky patch in recent years compared to City rivals. The 2022 accounts for its UK arm revealed a 63% fall in profits to £29 million, an 11% drop in revenue to £204m and a 20% cut to its fee-earner headcount in the year. The firm also announced two rounds of job cuts in the space of a year - one in May 2023 and another in March 2024.

Mixed Trainee Retention Rates: BCLP’s financial difficulties have been reflected in some up and down trainee retention figures. In March 2024, the firm retained only 29% of its qualifying trainees - a significant drop compared to industry standards. While its September 2024 cohort showed some improvement with a retention rate of 58%, this remains below the levels expected of a major City law firm. More recently, however, retention has rebounded sharply, with a strong 92% of the March 2026 intake staying on.

Asia Exit: In March 2025, BCLP announced is was calling time on its operations in Asia, closing its offices in Hong Kong and Singapore by the end of the year, and marking a full retreat from the region.

Share this profile

Copied to clipboard!