Law firms’ profitability is proven, but third-party ownership of them is still relatively unchartered territory, says Nick Miller
July 26, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Law firms’ profitability is proven, but third-party ownership of them is still relatively unchartered territory, says Sovereign Capital’s Nick Miller
The Legal Services Act is a catalyst for change in a traditionally conservative profession. It is not often that such an exceptionally large (about 2% of UK GDP) and broad sector is opened to investment, and this has attracted a significant amount of interest from investors.
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