International firms face IPO roadblocks as law firm listings go upmarket

Interest from DWF and Fieldfisher suggests law firm IPOs are going mainstream - but what challenges will larger firms face to push through a float?

The news that DWF is weighing up an initial public offering (IPO), with Fieldfisher also on record as “watching with interest”, has provided the strongest signal yet that law firm listings are moving upmarket.

Since 2015′s landmark IPO of Gateley, which sits in the outer reaches of the UK top 50, the option to go public has only been taken up by smaller firms such as London’s Rosenblatt and regional player Knights.

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