Eight litigation partners are to leave Mishcon de Reya only a month after partners at the law firm backed a flotation on the London Stock Exchange.
The departures will dent the firm’s promotion to future investors and suggests that while the vote last month to approve a public listing achieved the minimum backing of 75 per cent of the partners, a significant minority were uncomfortable with the move.
It is understood that the eight departures brings the total number of partners to ten who have left since the vote to approve the float.
The departures were confirmed yesterday and cap a busy few weeks for Mishcon de Reya.
As well as the vote backing the listing, the firm has launched a £150 million litigation