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Private Credit Deep Dives – Why Private Capital Is Reshaping Law Firms – Structures, Use Cases And Key Investor Considerations
Private capital investors are increasingly targeting law firms, drawn by strong client relationships and recurring revenue. However, the legal sector's unique structural characteristics—including regulatory constraints, asset-light balance sheets, and complex cash conversion cycles—present distinct challenges that differentiate legal services from other professional services businesses that investors typically back.
Proskauer Rose LLP