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Private Equity Woos Personal Injury Law Firms With Profits, Tech
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Private equity is aggressively investing in personal injury firms, offering their lawyers a cut of the wealth generated by the deals.
At a first-of-its-kind, invite-only conference in Holland & Knight’s New York office last month, advisers made it clear that such arrangements are no longer theoretical. One of the firm’s private equity-backed clients has closed two deals this year, and a lawyer there expects to wrap up a dozen in 2026.
Private Equity Outfit Scoops Up Another Injury Law Firm for MSO
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Private equity firm Uplift Investors made its second public investment in the personal injury law space by partnering with Kentucky firm Hughes & Coleman.
The investment announced by Uplift Thursday represents non-lawyer financers’ push into the personal injury law sector by acquiring the back office functions of multiple legal practices using a mechanism called a managed services organization (MSO). Uplift created a legal services company, Orion Legal, that allows it to invest in the growth of law firms while complying with the legal profession’s ban on non-lawyer law firm owners.
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