Manchester law firm announces £400m flotation on Stock Market
Manchester law firm DWF has announced it is to float on the stock market in a deal that could value the firm at £400m.
The flotation would dwarf anything that has come before it and will earn the partners in the firm a share of the money raised. The final value of the firm could be as high as £600m.
The move comes just eight months after law firm Knights set a new record. The firm was valued at £103.5m and the flotation netted a £20m fortune for its founders and management team.
Under the terms of the flotation DWF’s pa... For the full story register now for free or login below...