Firm stands test of time with 10 successful years

By The Newsroom
Published 23rd Oct 2018, 15:36 BST
Updated 23rd Oct 2018, 16:40 BST
Staff celebration of the start of Verisona Laws 10th anniversary year at the Still & West in Old Portsmouth.Staff celebration of the start of Verisona Laws 10th anniversary year at the Still & West in Old Portsmouth.
Staff celebration of the start of Verisona Laws 10th anniversary year at the Still & West in Old Portsmouth.
THE successful launch of a new law firm is an immense challenge at the best of times, but when it coincides with a dramatic economic crash it would seem nigh impossible.

Ten years on, and Verisona Law is testament to what a combination of focus, diligence and nerve can achieve.

It's October 2008 and while the US mortgage crisis unfolds, banking giants collapse and revelations from the financial sector lead to a global economic recession, a group of lawyers celebrate the successful merger of two Portsmouth legal firms.

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Dyer, Burdett & Co in Havant and Gray Purdue in Waterlooville were of equal stature, number and acutely aware of the challenges facing High Street practices. Having both decided to incorporate in 2005, their similar mind-sets led to discussion, a successful merger that created Verisona Law and the agreement to open a third, commercially-orientated office.

As the second tenant of 1000 Lakeside, Verisona Law's launch party attracted over 400 people, all curious to learn more about the new venture.

'˜I remember one guest referring to it as a '˜'wonderfully optimistic event',' recalled founder and now chairman Michael Dyer.

'˜Of course the business climate was of serious concern, but it was our display of defiant confidence that attracted a wave of new corporate clients.'