"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 Gump Strauss Hauer & Feld's Ranesh Ramanathan.
October 07, 2024 at 05:00 AM
8 minute read
Apollo Global Management’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.
The increase in interest for joint ventures between institutional and private lenders now presents opportunities—and risks—for law firms that are used to handling one aspect of that dynamic or the other.
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