Legal Services

Can private equity run law firms better?

Buyout bosses say the lure of equity partnership isn’t as strong as it once was, and fee-earners don’t want to get bogged down overseeing finance and technology

Lawfront has a plan to buy, build, and overhaul the legal sector
Lawfront has a plan to buy, build, and overhaul the legal sector Photo: Getty Images

Most lawyers don’t make good managers. That’s according to a new private equity firm looking to buy up legal practices and free them up for client work.

Launched by private equity fund Blixt in 2021, Lawfront has so far bought six regional law firms.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink