AFL 3.70% 13.0¢ af legal group ltd

capital LIGHT, page-37

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    lightbulb Created with Sketch. 1604
    Looks like the HWL Ebsworth IPO has been pulled. They were last seeking an IPO at $2.30 (which would have been a multiple of 11x profit).

    https://www.afr .com/street-talk/back-to-work-hwl-ebsworth-float-called-off-20201125-p56hrs

    Lots of questions around how the firm was planning to keep their best (at billing clients) lawyers with a rewards structure that would see shareholders taking a chunk rather than the partners getting the full share / bonuses for the more junior lawyers.

    Still makes me wonder how $AFL have structured their employee rewards to remain competitive with shareholders here getting what seems to be the majority of the profits?
    Last edited by 7seven7: 30/11/20
 
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