Australian investor and workers’ rights law firm Slater & Gordon looks set to become the first law firm in the world to float on a public market, taking advantage of Australia’s recent legislative changes to raise money and open itself to non-lawyer investors.

The offer period is set to open on 11 April, closing on 27 April, with the firm – which published an offer prospectus on its website last month and is tipped for a May listing – planning to raise around A$35m (£14.2m).