UK law firm becomes only the second to list on the LSE

The firm raised millions it will use for development

UK law firm becomes only the second to list on the LSE
A full-service firm in the UK has become the second law firm to list on the London Stock Exchange (LSE).

Gordon Dadds has raised about £20m, or about $32.9m, after it listed on the junior Alternative Investment Market (AIM) of the LSE.

“The UK legal services sector is highly fragmented and Gordon Dadds’ proven consolidator model is uniquely positioned to take advantage of this significant market opportunity. We now have the necessary capital to support the group’s next stage of development which will enhance the group’s profile with clients and potential target firm,” Adrian Biles, Gordon Dadds CEO, told Legal Cheek.

In 2015, national firm Gateley listed on the AIM.

Last year, Gordon Dadds, which has offices in London, Cardiff, and Bristol, had a turnover of £25m, up 24% on the year.

In July, the firm notified investors that negotiations for a reverse takeover of marketing company Work Group, which is listed on the AIM, were at a “very advanced” phase.

Gordon Dadds offers personal, commercial, and consulting services.


Related stories:
London firm makes headway on public listing
Miffed firm serves billion-dollar claim

Recent articles & video

Law Squared named Melbourne Symphony Orchestra's international legal partner

Law Council of Australia criticizes newly passed Migration Amendment (Bridging Visa Conditions) Act

Addleshaw Goddard elects new managing partner

Global Best in Law 2023 revealed

Thomson Geer advises Accolade Wines on House of Arras sale

Recruitment for deputy presidents and senior members of new Administrative Review Tribunal begins

Most Read Articles

MinterEllison solicitor wins first Queensland Government John Monash Scholarship

Holding Redlich appoints seasoned investment funds star as new partner

Thomson Geer advises Accolade Wines on House of Arras sale

Maddocks assists CleanPeak Energy on its acquisition of three solar farms