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Corporate Finance

Private Equity and “Big Law”: The Rise of MSO/ABS Structures

Download PDF Introduction Law firms are traditionally structured such that senior attorneys operate within a partnership, ensuring they “maintain independence of judgement” and protect against any conflicts of interest. This principle is codified in Model Rule 5.4 of the American Bar Association (ABA), which prohibits the sharing of legal fees Read more…

By BSIC, 4 hours22 February 2026 ago

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