Private Equity Woos Personal Injury Firms: Litigation Finance

Private Equity Woos Injury Law Firms

Private equity is aggressively investing in personal injury firms, offering their lawyers a cut of the wealth generated by the deals, Emily R. Siegel and Justin Henry report.

Lawyers who attended an invite-only conference in Holland & Knight’s New York office last month came away with a keen sense of private equity’s encroachment on their turf, and some concern that law firms could be left out if they don’t adapt. Major players including Apollo Global Management, Fortress Investment Group and Stifel Financial attended the confab.

“If you sit on the sidelines ...