London firm makes headway on public listing

Should the deal push through, it will be the second law firm to be listed in London

London firm makes headway on public listing

London-based legal and professional services firm Gordon Dadds looks set for a public listing in the City.

Gordon Dadds said in a statement to investors that negotiations for a reverse takeover of marketing company Work Group, which is listed on a sub-market of the London Stock Exchange, are at a “very advanced” stage.
However, the firm cautioned that “there can be no certainty that any offer will be made nor as to the final terms of any offer,” according to Legal Cheek.

If the deal pushes through, Gordon Dadds will be the second law firm to be listed in London after Gateley, which debuted on the Alternative Investment Market in 2015.

Work Group aims to raise £20m. The deal values Gordon Dadds at £18.75m.

With offices in London and Cardiff, Gordon Dadds offers personal, commercial, and consulting services. In recent years, it acquired law firms Prolegal, Jeffrey Green Russell and Davenport Lyons.

Related stories:
As Brexit looms, UK firm opens Dublin office with three partner hires
London lawyer clinches martial arts crown in Britain

Recent articles & video

International Bar Association highlights legal risks from digital twinning projects

Former Dentons US CEO Mike McNamara leads legal advisory firm

Allen & Overy and Shearman & Sterling name 40 partners for the merged firm

QIC GC joins HSF as executive counsel

Pinsent Masons helps Italian company secure majority stake in Vanity Group

DLA Piper helps Indian tech company to boost customer service offering with acquisition

Most Read Articles

Lander & Rogers practice co-head signs on with NRF

BlueSky co-founder: Too many assumptions are made about returning mothers

Melbourne lawyer makes partner in massive promotions round at Pinsent Masons

Hall & Wilcox partner: ‘What we do is tangible’