Rosenblatt is planning to use the proceeds of its AIM listing to set up a commercial litigation fund as the firm looks to “rewrite the rule book” in the competitive litigation finance market.

The City practice, which became the fourth-ever law firm to float on the London Stock Exchange this morning (8 May), plans to use the proceeds from its listing to fund litigation ‘in-house’, while also acquiring other law firms to fuel its growth.

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