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Why Law Firms Could Be Private Equity’s Next Conquest

forbes.com · 2,086 words · saved by 1 readers

Law firms are a lucrative $400 billion market that has long been shielded from outside ownership. In search of fresh turf, buyout firms may soon be hunting among the gray flannel suits.

Money Daily Cover Why Law Firms Could Be Private Equity’s Next Conquest illustration by yunjia yuan for forbes; PHOTOS BY Brilt:Getty image; giacomofortunatophoto:Getty image;Silviu Carol Cenusa:getty images; Katsumi Murouchi:getty images Feb 26, 2024, 06:30am EST Updated Mar 27, 2024, 11:22am EDT Law firms are a lucrative $400 billion market that has long been shielded from outside ownership. In search of fresh turf, buyout firms may soon be hunting among the gray flannel suits. By Brandon Kochkodin , Forbes Staff It ’s rough being a lawyer. And no, that’s not the set-up for a joke. Landing a

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