Patrick Savage featured on Non-Billable podcast on private equity and the future of law firms
- Law firm equity
Patrick Savage joins a panel discussion on an episode of the Non-Billable podcast to talk about the growing role of external capital in the legal sector, including both private equity investment and legal finance as sources of capital for law firms.
The panel also explores the different approaches to funding law firms, examining the growing role of legal finance as a source of capital as an alternative to private equity investment. Patrick discusses how long-term capital providers can help law firms pursue strategic growth, invest in technology and talent and expand into new markets, while retaining control over their business and long-term direction. The conversation considers the trade-offs between different capital sources, the importance of alignment between investors and law firms and whether outside capital will play an increasingly important role in shaping the future of the UK legal market
Watch the podcast below.