SHARES UP

Shares in Keystone Law, one of the first so-called 'dispersed' law firms, rose 15 per cent following a trading update on 21 January. The firm listed on AIM in September 2017 with a share price of 160p, raising £15m at the time. Keystone lawyers work from home, supported by an administrative team based in Chancery Lane, London, and they receive their fees only after the firm has been paid. Chief executive James Knight said the business's model has attracted 'a significant number of new, high-quality lawyers which has helped us scale the business' and that the firm would 'comfortably beat market expectations' when full results are published in May. 22 January 2019

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