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‘Selling the crown jewels’ – Gateley partners in £10m share sale

Author Avatar
Kathryn McCann
3 November 2017
Legal affairs

Following Gateley’s landmark listing in 2015 where partners pocketed a combined £25m, some senior partners have taken home almost £500,000 each after a stake in the top 50 UK law firm was sold for nearly £10m in October.

Documents at the London Stock Exchange (LSE) show a sale of 6.21% of the firm’s equity due to a ‘strong demand from new institutional shareholders’.

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