London litigation specialist Rosenblatt became the fourth UK firm to list in May, simultaneously revealing plans to establish a third-party disputes funding division.
Rosenblatt raised £43m in its AIM flotation, giving the 21-partner outfit a £76m market capitalisation in what it described as a ‘significantly oversubscribed’ listing. In terms of value, it was the largest law firm initial public offering (IPO) in the UK to date. This could change with Knights’ listing slated to take place this summer.
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