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Stock exchange investment “needed to bring down law firm costs”

Increasingly demanding business clients and the need to raise capital to invest in technology to bring legal costs down will eventually lead to more commercial law firms listing on stock exchanges, according to a senior corporate adviser. He said listing offered a number of advantages.

May 19th, 2017 | No Comments »

Survey: strong interest in MDPs and external capital among big firms

There is strong interest among the UK’s largest law firms in joining forces with a non-legal practice in the next two years, while several are also looking at external capital, according to new research.

February 25th, 2013 | No Comments »

Top north-west firm targets external investment after ABS licence provides platform to expand

Leading north-west firm Stephensons is seeking external investment as part of its plans to expand beyond the region after receiving its alternative business structure licence from the Solicitors Regulation Authority. Other new licencees include a firm looking at MDPs and one mulling trade union tie-ups.

January 3rd, 2013 | No Comments »

Irwin Mitchell set for external capital after receiving ABS licence

Irwin Mitchell has today become the largest law firm to become an alternative business structure and also received the first ‘multiple’ licences. In April 2011 the firm became the first to state its intention to seek external capital.

August 20th, 2012 | 1 Comment »