Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how a once-niche private equity market is helping some firms pull away from the pack. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.
If you want to know why some of the country’s largest, most profitable law firms are outperforming their peers, look no further than the buzzing private equity secondaries market projected to hit $185 billion this year.
It’s where private equity sponsors strike deals with other private capital players to offload individual portfolio companies, sell ...
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