DWF is the first lawyer to float on the Main Market. It is a global business with offices in Europe, Australia and Asia. DWF has grown organically and via acquisitions and there are still consolidation opportunities.
There are already quoted legal firms, but Gateley (LON: GTLY), Gordon Dadds (LON: GOR), Keystone Law (LON: KEYS), Knights Group (LON: KGH) and Rosenblatt (LON: RBGP) are all quoted on AIM and are also smaller than DWF. However, most have better growth prospects, although they do not offer the international spread of activities that DWF does.
Considering DWF’s pro-forma post-tax ...