US personal injury firms lead effort to bring private equity into legal sector
Attorneys who pioneered billboard advertising are again pushing the boundaries around outside ownership of law groups
Attorneys who pioneered billboard advertising are again pushing the boundaries around outside ownership of law groups

Investment manager uses ownership structure designed to work around profession’s ban on outside equity capital

Body for pension and sovereign wealth funds wants costs shared between investors and buyout groups

New corporate structures could get around long-standing restrictions against non-lawyer ownership of firms

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Outside investors are barred from owning legal groups in most US states to keep advice free of commercial influence

Deal advice has evolved into a huge legal business but leaves firms vulnerable to misuse of confidential information