Investec is targeting opportunities offered by the Legal Services Act (LSA) with the launch of a unit that will invest up to £10m in law firms. The South-Africa based bank has set up a professional services finance unit which will invest up to £10m per law firm in those looking to grow and take advantage of the LSA via the use of alternative business structures (ABS). The unit will be led by Investec's Jonathan Harvey, with the funds available to the UK's biggest 100 firms by turnover.
December 20, 2010 at 08:24 AM
1 minute read
The original version of this story was published on Legalweek
Investec is targeting opportunities offered by the Legal Services Act (LSA) with the launch of a unit that will invest up to £10m in law firms.
The South-Africa based bank has set up a professional services finance unit which will invest up to £10m per law firm in those looking to grow and take advantage of the LSA via the use of alternative business structures (ABS).
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