Biggest US law firms explore selling stakes to private equity
Some of the biggest US law firms are exploring selling stakes to private equity, according to the Financial Times. Coverage described the firms weighing outside investment, a departure from the traditional partnership model; the report set out the exploratory talks without naming the firms involved or detailing how such deals would navigate rules on law-firm ownership.
Why it matters
Private-equity money entering elite law firms would upend a centuries-old ownership model and test professional-independence rules.
Sources
finite. summarises the reporting above and links to each original. We do not reproduce full articles. Read the sources for complete coverage.
Part of the August 6, 2026 brief.