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Why listing is a ‘logical step’ on this firm’s journey
By Jerome Doraisamy|16 March 2021
Hamilton Locke managing partner Nick Humphrey explains why his firm’s holding company is set to list, what it hopes to achieve, and what can be learned from others, in particular HWL Ebsworth’s recent experience.
Across the globe, Nick Humphrey (pictured) mused, the dominant business structure in professional services – from recruitment to IT, from investment banking to engineering consulting – is a listed public company.
A listed business, he explained, “brings access to capital for investment, the incentive to build real equity value and long-term thinking about client relationships”. When asked why Halo Group (the holding company of Hamilton Locke) is listing, he said that the real question is why should a professional services business not list, just because the services relate to legal practice.