DWF reveals plans for stock exchange listing

DWF is to become the first law firm to list on the London Stock Exchange after confirming its plans to float on Thursday.

The listing is estimated to value £600 million. As Legal Futures reports, DWF plans to raise at least £50 million by making at least 25% of shares in the firm available to investors. The firm also believes that the listing will help to develop its international brand and boost the recruitment of new talent.

Posting its notice of intention to float, the firm said it plans to make a number of acquisitions if it is admitted to the stock market: “Acquisition priorities are to: (i) acquire new product, software and technology capabilities, (ii) improve the geographical coverage of existing service lines, (iii) gain additional complementary services and solutions for DWF’s practice areas and specialisms and (iv) build out DWF’s current consulting capabilities within the connected services market to take advantage of the sizeable market opportunity.”

Get the LCN Weekly newsletter

Get our news, features, recruiter and lawyer interviews, burning questions, blog posts and more sent straight to your inbox with our weekly newsletter. You also get access to a free personal MyLCN account.

Sign up to LawCareers.Net to receive the LCN Weekly newsletter, diary updates, events, surveys and other emails providing information for future lawyers. Please note that we ask you to provide a password so that you can access MyLCN and edit your subscriber details, including email preferences.

 

Data Protection
To see how we use your data, please visit the Privacy Policy.

 

Terms
This subscription is subject to our Terms & Conditions.

Comment

Sign in to MyLCN to have your say.