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Quarter of UK top 250 consider external investors
Nearly one in four of the larger tier of practices are considering seeking external investment - with many thinking of raising equity of between £5m and £20m this way.
These statistics are part of research carried out by accountant Smith & Williamson in a survey to which 96 firms responded. But Brian Livingston, managing director of M&A for Smith & Williamson, said that there is only a ‘handful of private equity investors active in the legal sector’. Source: Legal Futures
