Credit: Cala Serrano/Adobe Stock Will Private Credit Produce Another Kirkland?
"If [law firms] don't have the right volume, the right connections, the right associates and the right knowledge management tools, they will burn out. The big players won't," said Akin's Ranesh Ramanathan.
October 07, 2024 at 05:00 AM
8 minute read
Private Equity and Venture Capital
What You Need to Know
- Institutional lenders and private credit entities see opportunities in joint ventures, and their law firms could benefit.
- They could also lose work amid changes in the way capital is raised and deployed.
- Firms will have to address whether they are in a position to capture that work and whether they want to make the investments to do so, if not.
Apollo's deal with Citi is only the latest sign of partnerships between big banks and private credit — as well as the growing demand for law firms to service joint venture deals.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 2The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 3First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
- 4The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 5Elder Litigators Confront Tough Questions in Last Act of Careers
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
