DWF turnover increased by double-digits in first results since going private The first legal service firm to list on London Stock Exchange, DWF, has seen its net revenue increase by 14 per cent over the last year, 10 months on since it went private
“Robust” trading for listed law firm DWF as Canada transaction set to pay off LEGAL EAGLE SOARS Listed legal and business services firm DWF has this morning delivered an upbeat full-year update to markets, with 8 per cent revenue growth headlining what CEO Sir Nigel Knowles described as a “robust” performance. Revenues are expected to sit around £380m on the year when the company produces its audited full-year results. DWF also said [...]
DWF shares surge 40 per cent amid takeover talks with private equity firm DWF Shares in legal services outfit DWF rocketed today after the firm revealed it was in talks with London-based Inflexion Private Equity Partners regarding a possible buyout. In a statement to the London Stock Exchange, DWF said it was in talks for a deal worth about £342m. Shares in DWF soared as much as 40 per [...]
Law firm DWF pushes into Canadian market with latest buyout November 7, 2022 Law firm DWF has stepped into the Canadian legal market with a £27.7m deal bringing Vancouver-based Whitelaw Training under its wing. The deal marks the next step in DWF’s North American strategy and will unlock legal and business potential in Canada. The London-listed firm will hand over up to £16.9m in shares and cash, and [...]
DWF launches menopause policy in bid to tackle legal sector’s staffing crisis November 1, 2022 DWF has launched a new firm-wide policy to support women going through the menopause, as it seeks to boost its retainment of staff in the face of an exodus of older women from the UK’s workforce. The UK law firm’s policy seeks to support DWF employees going through the menopause with a view to raising [...]
DWF bolsters offerings through acquisition of specialist cost-cutting firm Acumension September 8, 2022 London listed law firm DWF has acquired a specialist cost cutting company Acumension as it continues to expand its services offerings. The deal will see the law firm almost double the size of its DWF Costs business by taking on board Acumension’s 47 cost reduction specialists. DWF Costs, one of the UK’s largest legal cost [...]
‘The Great Resignation could be followed by a Great Redundancy,’ DWF chief says July 29, 2022 A downturn in the legal market could see widespread layoffs in the City’s top-ranking law firms, the head of London listed law firm DWF told City A.M. The lawyers that jumped ship in “big numbers” in pursuit of six-figure salaries in London’s most prestigious firms could soon be laid off, as the top firms make [...]
Big Four’s legal ventures could see surge in law firm IPOs, DWF chief says December 8, 2022 The Big Four’s efforts to bolster their legal businesses could lead to a surge in the number of UK law firms listing on the stock exchange, DWF chief Sir Nigel Knowles told City A.M. EY’s global split could see the firm become an “aggressive” legal services behemoth, as it is freed from the conflict-of-interest rules [...]
DWF looks towards Africa and Latin America after striking deals with Iberian firms March 22, 2022 Listed law firm DWF has struck deals with two separate firms, in Spain and Portugal, in line with its plans for global expansion. The Manchester headquartered company said it had come to agreements with Spanish firm RTS Group and Portuguese law firm Nobre Guedes & Associados (NGA), with a viewing to strengthening its position on [...]
DWF reaps rewards of business streamlining, as it eyes Middle Eastern expansion December 9, 2021 Legal group DWF has enjoyed a financial uplift after streamlining the business last year, as it looks to expand in the Middle East. Revenue inched 3.8 per cent higher to £203.5m in the six months to 31 October, while operating profit swung from an £8.9m loss in the same period last year to £13.6m. Net [...]