Law Firm MSOs 101: How Private Equity and Managed Services Drive Legal Growth
Legal Services Transactions Team Co-Leaders Trisha Rich and Joshua Porte joined Rob Mattern, president of Mattern LLC, for a coffee break-style webinar on the growing use of management services organizations (MSOs) in the legal industry. Trish and Josh explain how the two-company MSO structure separates professional legal services from non-professional operations, allowing law firms to pursue outside investment and operational efficiencies while complying with legal ethics rules and professional responsibility obligations. The discussion also covers the valuation of MSO service fees, capital demands associated with legal artificial intelligence and key considerations for law firms evaluating this model. Together, they offer firm leaders a framework for weighing the strategic opportunities and regulatory implications of an MSO-law firm partnership.
Duration: 46:01