Law firm confirms flotation plans

Law firm DWF has confirmed it is to float on the stock market next month. The flotation is the sixth by a UK law firm after Birmingham-based Gateley led the way in 2015 and will be the largest to date. The move comes just eight months after law firm Knights set a new record for a law firm's IPO, which valued the firm at more than £100m. DWF expects to raise £75m from a free float of at least 25% of the company's share capital, which would value the firm at around £400m. The money will be used repay a portion of the memb... For the full story register now for free or login below...
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