The rebranding will take effect when the firm becomes a limited liability partnership on 1 May. The move, which has become a trend among large consultants, is intended to increase the amount of capital at the firm's disposal.
Rob Smith, DLE's senior partner, said: "We were established as part of a merger in 1988, but we were finding that in Europe, the Middle East and globally, people wouldn't know us as Everest. Even in the UK, only the QS side was known as Everest."
Bobby Everest was a founding partner of Davis Belfield & Everest in 1919. He was related to George Everest, the man who, together with William Lambton, undertook the "great trigonometrical survey" of India, and who had the world's highest mountain named after him.
Smith said that the rebranding had been relatively inexpensive, as most of the work had been done in-house. Staff and clients were informed of the changes this week.
The names of subsidiaries Mott Green Wall, Schumann Smith and NBW Crosher & James will be retained, but prefaced by "Davis Langdon".
We found that globally people wouldn’t know us as Everest
DLE senior partner Rob Smith
Smith said that the company has transformed its UK structure, changing it from five geographic regions to seven business service areas.
Davis Langdon's decision to become an LLP could double the number of equity partners in the business from 60 to 120.
As well as increasing capital, an LLP limits partners' personal exposure to the consequences of legal action. In a traditional partnership, they accept unlimited liability.
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