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Law firms are a lucrative $400 billion market that has long been shielded from outside ownership. In search of fresh turf, buyout firms may soon be hunting among the gray flannel suits.<br/><br/>It's rough being a lawyer. And no, that’s not the set-up for a joke.<br/>Landing a job at a top-notch white-shoe law firm offers a mix of glamor, prestige, and a hefty paycheck. But that money often comes with a high cost to personal happiness.<br/><br/>On the flip side, going solo promises more control over your life and might even lead to actually enjoying your work. But there’s an under-discussed challenge with going it alone: figuring out an exit strategy when you’re ready to retire.<br/><br/>Several factors play into this, but one is unmistakable: the legal sector might just be the only field where private equity has yet to stake a claim. Lacking access to the deep pockets, operational expertise (and to some extent, a cutthroat, profit-first mentality), the industry lags. Unlike say medicine or dentists practices, law firms tend to be stubbornly set in their ways and, at the big firms at least, operated mostly for the benefit of partners whose concerns for the future may wane once they retire—if they ever do.<br/><br/>Brandon Kochkodin, a reporter for Forbes, joins “Forbes Talks” to discuss why law firms could be private equity’s next conquest.<br/><br/>0:00 Introduction<br/>0:18 Who Are Three Big Names Practicing Law Right Now<br/>2:43 The Challenges Of Selling A Law Firm As A Private Equity Gain<br/>5:00 The Key Factors That Hinder Growth In The Law Field<br/>6:19 About Lee Minkoff, Renovus Capital- Managing Director <br/>7:26 Why Private Equity In Law Firms May Not Be Favorable<br/>11:41 Colleges Interested In External Investments At Key Law Firms<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/02/26/why-law-firms-could-be-private-equitys-next-conquest/?sh=15ca39eb2f5c<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Private Equity Eyes Law Firms As Next Target

⏲ 13:17 👁 1.5M

OnlineFabricStore

How to Attach Sew-On Snaps

⏲ 1 minute 11 seconds 👁 108K

Joe Haas

Searching In Snap!

⏲ 7 minutes 21 seconds 👁 222

BRI and Marley are social media influencers and have been in a polyamorous relationship for 11 years. Before this, Marley was married to her husband for 17 years. 6 years into their relationship they decided to become poly and introduced Bri. Recently Marley’s husband left the relationship. Now Bri and Marley are looking for a third woman to join them for the long-term. But through this search, Marley has been shamed for being bigger than Bri. \

Haters Say I'm 'Too Big' To Be With Her | LOVE DON'T JUDGE

⏲ 8:6 👁 1.8M

Kodak Black

Kodak Black - Snap Shit [Official Audio]

⏲ 4 minutes 4 seconds 👁 7.4M

Jason Boland - Topic

⏲ 3 minutes 25 seconds 👁 452.1K

Meet the rescue dogs travelling Europe - who have climbed mountains in Norway, sailed across lakes in Switzerland and camped in the Italian countryside. <br/><br/>Austrian Anne Geier, 37, adopted Romanian street dogs, Finn, 13, a Labrador cross, and Yuri, 10, a Border Collie cross, from the streets of Romania. <br/><br/>Since then, the photographer has taken her pooches on adventures across Europe - including trekking through forests in Italy, exploring nature in Sweden and swimming in lakes in Switzerland. <br/><br/>The dogs travel with Anne and her partner, Robert Fahrner, 38, who works for a small company coaster company in Austria, stay in a VW T4 camper van and enjoy hiking through nature. <br/><br/>Anne snaps pictures of her photogenic pooches at the breathtaking spots they visit. <br/><br/>Anne and the dogs have visited Italy, Croatia, Switzerland, Germany, Sweden, Denmark, Netherlands and Norway and hope to still venture to Austria - although say their travels are slowing down due to Finn getting older. <br/><br/>Anne, from Tauplitz, Austria, said: \

Rescue dogs travel Europe - climbing mountains in Norway, sailing across lakes in Switzerland and camping in the Italian countryside

⏲ 4:1 👁 100K

Tik Tok Times

Thoughts That Will Snap Your Mind in Half | Ryan Lombard Compilation

⏲ 9 minutes 35 seconds 👁 1.8M

Silhouette Patterns

Let's Sew - Spring Animal Print Trends - Episode 264

⏲ 3 minutes 37 seconds 👁 262

Hi, everyone! I’m Agatha and you’re on my YouTube channel about quotex trading for beginners! Here I’m talking about the most valuable and useful things about quotex trading for beginners which I got through a big experience and mistakes. You have an opportunity quotex trading for beginners to get it absolutely for FREE. Be sure, quotex trading for beginners will change your life for the best. The advantage of quotex trading for beginners is that absolutely anyone can do it anywhere.<br/><br/>Jump into the pulse-pounding world of trading with me! <br/>Have you ever thought about the hours wasted on traditional education and the tedious job search? <br/>Turn $575 into an impressive $9,000 in a mere 10-12 minutes!

QUOTEX TRADING FOR BEGINNERS _ EARN $9,212IN 12 MINUTES _ MY BINARY TRADING COURSE

⏲ 12:0 👁 20K

Ryan HD

Thoughts To Snap Your Mind In Half Compilation.

⏲ 5 minutes 32 seconds 👁 623.4K

Dritz

How to use Dritz Heavy Duty Snap Pliers

⏲ 2 minutes 50 seconds 👁 262.4K

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