Fieldfisher denies IPO rumour

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Fieldfisher has denied that it is planning to list in London.

The London-headquartered international firm was earlier reported to already be holding meetings in the City, “poised” for a market debut at a valuation of up to £800m.

“As a fast-growing and innovative firm, we are constantly considering a range of options and opportunities to help realise our strategic objectives and to stay ahead of the competition in our dynamic and ever-changing market,” Fieldfisher said. “We do not, however, have any plans to list the firm.”

Fieldfisher recently reported a strong 24% increase in annual turnover, as the firm’s revenue grew to £207m for fiscal 2017. Profit per equity partner rose to £750,000, up 17% from 2016.

 

Related stories:
UK firm sets sights on £50 float
UK law firm becomes only the second to list on the LSE

 

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