The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Three small West Australian firms are set to make legal history with a proposed IPO and listing on the Australian Stock Exchange (ASX).
Perth-based Integrated Legal Holdings (ILH) plans to raise $14m (£5.6m) through the IPO and intends listing on the ASX on 12 December according to a prospectus filed with the ASX on Monday (9 October).
ILH plans to spend $10m (£4m) of raised funds acquiring the Perth-based legal practices of Talbot Olivier, Durack Zilko and tax law boutique Brett Davies Lawyers.
Under the structure, the firms will continue to operate under their own brands, but will come under the umbrella of ILH. The group also plans to acquire information provider Law Central and management consultancy Professional Services Development.
West Australian six-partner corporate boutique Steinepreis Paganin is advising ILH on its IPO, which opens on 17 October and closes 27 November.
ILH, chaired by former Australian federal treasurer John Dawkins, who served under the Keating government between 1991 and 1993, said it intends to acquire more law firms following its listing.
Australian law allows non-lawyers to control ownership of firms based in New South Wales, Victoria and Western Australia.
The Clementi Review of the UK legal services regulatory framework made floating UK law firms theoretically possible, but none have yet made the move.