University of Law
Provider of legal education and training to individual students and law firms
In November 2012 Montagu Private Equity completed the acquisition of The University of Law from a Royal Charter Charity for c.£180m, in partnership with management. The proceeds of the transaction have been used to create the Legal Education Foundation - a charitable fund that will promote the advancement of legal education and the study of law for future generations of students.
Formed in 1962 from a combination of the Law Society School of Law and Gibson & Wheldon, the University of Law's history dates back to 1870. It provides a range of undergraduate and post-graduate courses that are delivered from 8 centres across the UK and via distance learning. The University of Law trains c. 8,000 students per year, and accounts for over half of the lawyers entering the Top 100 law firms. It has a reputation for providing a high-quality education with c.84% of graduates finding a job in the legal profession within 6 months of graduating. Its core course offerings include the GDL and LPC for qualifying solicitors and the BPTC for qualifying barristers. It was granted Degree Awarding Powers in 2006 and was awarded University Status in 2012. The first undergraduates were enrolled on the University of Law's LL.B in 2012.
Montagu was attracted to the University of Law's strong brand and its quality position in a rapidly changing higher education landscape. It has a range of growth opportunities and strategic initiatives that it is well-placed to pursue, having operated as an independent, private institution for many years.
With the support of Montagu, the University of Law's management team plans to take the company into overseas markets, expand its range of courses and further develop the undergraduate proposition, while maintaining its high quality levels.