Burford CIO Jonathan Molot wrote an article for Lawyer Monthly, discussing moves law firms are currently making to pursue growth in the legal market.
With the top 10 firms growing at a sluggish pace, some firms are taking the M&A approach, but as Jonathan explains, those can be problematic and ultimately end in failure. He states that since 2011, when restrictions were lifted around the ownership of law firms, three firms have gone public. And in an industry reportedly worth £30 billion, there are likely more law firm IPOs on the horizon.