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Gateley: First on the list

Should other large firms follow Gateley's example and consider floating on the stock market, asks Stuart Bushell

2 June 2015

After much speculation,
it has been announced that top 50 firm Gateley intends to be the first UK law firm to float on the Alternative Investment Market (AIM) of
the London Stock Exchange.
It's not necessarily the firm that was expected to be first, but
Gateley sees the listing as an opportunity it could not afford to miss.

It will be very interesting to see whether the move forms a blueprint for certain types of large firm, or whether listing proves to be the domain of an isolated few. The questions are, why Gateley, and why now?

In 2006, Gateley was formed
as the result of a merger between Birmingham-based Gateley Wareing and Edinburgh firm Henderson Boyd Jackson. Its current Edinburgh-based sister firm, HBJ Gateley, is not part of the listing, with Scottish firms lagging behind their English
and Welsh counterparts in terms of wh...

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