Law firm-cum-asset management consultancy MJ Hudson is looking to float on the junior market of the London stock exchange this month, following in the footsteps of Gateley and Rosenblatt.
MJ Hudson, which provides legal advice to asset managers and institutional investors, said today it has appointed broker Cenkos Securities to advise on the listing. The firm, which has 28 solicitors, is an alternative business structure registered with the Solicitors Regulation Authority.
If the float goes ahead, MJ Hudson will be the sixth UK legal practice to float since Gateley PLC became the first England and Wales practice to list on the London stock exchange in its own right in 2015. Earlier this year international firm DWF became the first firm to list shares on the main market of the London stock exchange.
Top 30 firm Mishcon de Reya is also considering a stock market listing, having announced that it is ‘considering all options for raising capital. No decisions have yet been made’.