In an unprecedented move, the Private Equity Legal Alliance has been formed to provide essential guidance for law firms and investors as the sector evolves towards alternative business models. This innovative consortium, unique in its kind, aims to facilitate seamless access to private investments, especially as non-lawyer ownership within law firms becomes increasingly viable.
The landscape of legal business structures is undergoing rapid transformation. To navigate this evolving landscape effectively, the Private Equity Legal Alliance brings together a panel of experienced professionals including advisors, legal experts, and financial specialists. Their goal is to provide comprehensive support across all stages of the investment lifecycle. This includes services such as deal preparation, valuation, compliance, governance, and strategic post-investment integration.
As noted by Seth Deutsch, founder of Samson Partners Group, “The legal industry in the U.S. is entering a significant phase of transformation that is filled with opportunities.” He emphasizes the importance of having the right structure and safeguards to ensure that both law firms and investors can thrive in this redefined market. “This shift is not about altering the core essence of legal practice; rather, it's about fostering an evolution that benefits both founders and aligns them with appropriate investment partners.”
For law firm founders, the alliance is particularly beneficial as it offers a comprehensive support system to help them prepare their firms for potential external investments—something many are just beginning to consider. On the other hand, investors are treated as valued partners in crafting transactions that adhere to professional standards while delivering sustainable value.
As Trisha M. Rich, a partner at Holland & Knight states, “These new business structures present exciting possibilities, but they necessitate specialized knowledge.” The Private Equity Legal Alliance is committed to promoting innovation while upholding the legal profession’s ethical obligations.
Furthermore, Andy Kvesic, CEO at Aprio Legal, highlights the overwhelming positive financial and operational opportunities available through these transformations: “Legal practices can now achieve liquidity, incentivize their partners, and attract strategic investments.” He underscores that the alliance provides a consolidated team of experts dedicated to simplifying this transition process.
The private equity sector's entrance into the legal domain marks a historic shift, and the Private Equity Legal Alliance’s creation was spearheaded by Samson Partners Group to address this shift. The group comprises several founding members:
- - Samson Partners Group – Consultancy
- - Samson Partners Capital – Investment Banking
- - Holland & Knight – Legal Ethics and Deal Lawyers
- - Aprio Legal – Legal Advisory
- - Aprio – Accounting, Tax, Audit, Advisory, Wealth Management
- - NFP, an Aon Company (formerly Thompson Flanagan) – Insurance Brokerage, Benefits, and Consulting
- - Chamberlain Advisors – Recruiting
- - CSuite Financial Partners – Interim CFO Placement
- - Chicago Partners Wealth Advisors – Wealth Management
This collaborative approach aims to responsibly broaden access to an area characterized by significant potential for private capital while maintaining the integrity and client-focused mission of the legal profession. For further insights into the Alliance and its offerings, visit
SamsonPartnersGroup.com/pe-legal-alliance.
About the Private Equity Legal Alliance
The Private Equity Legal Alliance is a collaborative comprised of top advisors, legal professionals, business specialists, and financial experts dedicated to helping law firms and investors navigate the modern ownership landscape. The Alliance focuses on providing the strategic, legal, and operational expertise necessary for ethical and sustainable partnerships in today's legal economy. For more information, visit
SamsonPartnersGroup.com.