NewLaw Validation with UK Public Listing

A NewLaw business based in the UK and replicated in Australia is headed for a public listing on the London AIM exchange.  Keystone Law is an Alternative Business Structure (ABS). Amongst other attributes of this type of entity is the ability of non-lawyers to hold equity in the business. The ABS regulatory regime has undoubtedly contributed to innovation in the UK legal services market. Over the three years ended 31 January 2017, the business generated revenue growth of over 20% per annum and, for the year ended 31 January 2017, reported revenue of £25.6 million and EBITDA of £2.1 million. […]