Private equity firms spend millions annually with law firms to manage high-end legal matters.
However, Apperio's latest independent survey of UK and US PE firms of all sizes finds that not all private capital firms are effective at managing those costs.
While mid-sized PE firms place a sharper focus on spending, some large PE firms make no effort to control legal costs - with one in five large PE firms "often being shocked” by the size of their legal invoices.
Fill out the form to download the report and read some of the key findings in the study, including:
- The implications of firm size on legal spend management;
- The organisational impact of frequent legal cost overruns;
- The processes being employed for effective legal spend management;
- The growing importance of technology adoption in managing legal expenses.