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Last modified on Wed 28 Apr 2021 14.34 EDT
Mishcon de Reya, the law firm favoured by the wealthy, famous and powerful, has revived plans for a stock market float, despite revealing that it remains under investigation by the regulator for the legal profession.
Mishcon has been pondering a float since 2019 but its partners are understood to have been concerned about market conditions at the time.
The climate for a listing only worsened when the London-based firm revealed in September 2020 that it had been under investigation by the UK’s Solicitors Regulation Authority for two years.
But on Wednesday, Mishcon said its partners had voted in favour of going public on the London Stock Exchange and it was taking advice from JP Morgan Cazenove.
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