Wake Up Call: Why Private Equity Owning Law Firms Is Attractive

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• Private equity has been a great business for law firms. Someday, the reverse may be true as well. PE sponsors have purchased stakes in several large accounting firms since 2021, and law firms would seem to be at least as attractive (The Deal)
• International powerhouse Jones Day has renewed its lease at developer Harwood International’s Harwood No. 3 building in Dallas and will eventually move its footprint to the all-new Harwood No. 15 tower. (The Dallas ...