Overview
The Legal Services Act envisages a radical shake-up of the law industry as of this October. Big Bang or not, this could see third-party investors acquiring equity stakes in everything from leading partnerships to low-cost outsourcing plays. Peel Hunt discusses the possibilities and opportunities.
The broking house also outlines the merits and de-merits of flotation, potential new business models, the need for capital, the investment case and how partnership remuneration might transition.
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