It is fascinating to witness how, little by little, the gap between 'traditional' law and professional service firms and corporates continues to close. It will be quite interesting to see, on the back of this most recent flotation, which investors most keenly pile into this new emerging market opportunity, and whether the expectations of those investors are, in the end, actually met or exceeded.
Gateley become only the second law firm in the world to list shares publicly following the introduction of new rules in 2012 allowing non-lawyers to invest in law firms.
http://www.cityam.com/217479/gateley-gets-blue-chip-backing-first-ever-float-uk-law-firm