By Powerscourt on 16/11/2021
MISHCON DE REYA APPOINTS POWERCOURT TO SUPPORT ON POTENTIAL IPO
Mishcon de Reya LLP, a leading international consultancy services business with law at its heart, has appointed Powerscourt.
The brief includes corporate communications advice and support for a potential IPO in 2022 following an overwhelming vote in favour of going public by its partners in September 2021. Should the firm proceed with an IPO, it is expected that Mishcon de Reya would be become the largest law firm to date to list in London.
Founded in 1937, Mishcon de Reya is one of the largest independent law firms. Based in London, Singapore and with an association with Karas LLP in Hong Kong, it employs over 1,000 people and serves an international community of clients that include some of the largest global brands as well as families and individuals.
Over 600 lawyers deliver legal services which are cross-border, multi-jurisdictional and complex. The firm provides legal advisory services to clients covering Dispute Resolution, Employment; Innovation; Private Client; and Corporate and Real Estate.
Mishcon de Reya also provides a range of diversified consultancy services which are complementary to its legal advisory services. These consist of MDR Mayfair, MDR Brand Management, MDR Cyber, MDRxTech and MDR Discover which deliver services to private individuals and their families, brand owners and businesses internationally.
A central tenet of the firm’s longer term vision is transforming the business through technology. A core part of this is MDR LAB, a legal tech incubator and venture investment programme.
Among key strategic developments announced in 2021, the firm launched a £150 million litigation finance venture called MDR Solutions I. It will be used to fund litigation and arbitration cases for Mishcon de Reya’s clients. The firm also entered a strategic combination with Taylor Vinters to create MDR Taylor Vinters, providing legal and consultancy services to innovators, entrepreneurs, and the innovation economy.
Justin Griffiths, Partner at Powerscourt, commented: “We are extremely proud that we have been chosen to represent Mishcon de Reya, a firm whose entrepreneurial culture and reputation for fighting for its clients on highly complex matters are very similar to our own.”