Axiom files for New York float

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Alternative legal services provider Axiom has filed to float on the New York Stock Exchange.

On Tuesday, the company filed a draft registration statement with the US Securities and Exchange Commission. The exact size and timing of the planned initial public offering are not yet final.

The company said that the proposed offering is subject to regulatory approval as well as market conditions.

The filing of the draft statement through what is known as Form S-1 of the US SEC came after the company spun off two new companies on 12 February. The companies, Knowable and Axiom Managed Solutions, offer services for contracts management and scalable legal work management, respectively.

Axiom continues its focus on its global marketplace for on-demand corporate legal talent. It has about 2,000 lawyers and other professionals who work out of offices in the US, Europe, and Asia.