Building Ethical, Value-Focused Partnerships: How Personal Injury Law Firms Can Engage Private Equity to Unlock Capital, Fuel Growth and Create Rewarding Exits
Attorneys Trisha Rich and Joshua Porte contributed to a guide for personal injury law firms exploring private equity investment. Published by the Private Equity Legal Alliance (PELA), the comprehensive piece covers topics including why private equity firms are showing increased interest in personal injury firms, how to evaluate whether an organization is ready for outside investment and what operational improvements firms typically seek before deploying capital. Ms. Rich and Mr. Porte helped write the section focused on ethical parameters for management service organization (MSO) and alternative business structure (ABS) partnerships that can enable this type of outside investment. They provide structural guidance for law firms looking for a private equity investor and outline the ethical questions and guardrails that must be considered in the process.