What do law firms do when they go public? What other companies do – including gobbling up other firms to further expansion goals:
“The extraordinary upward trajectory of Slater + Gordon, the first publicly listed law firm in the world, has stunned critics and seems to suggest that this model could be a viable business strategy. But what kinds of law firms can list successfully? And might the transfer of ownership to shareholders compromise the ethics and professionalism of lawyers? Slater + Gordon recently acquired a $1.2 billion business in Britain, topping off its staggering growth since incorporating in 2001 and listing in 2007. The share price has sailed upwards since 2012…”
Read: Stunned markets take stock of listed law firm at Lawyers Weekly