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Inside City law firms’ battle for bigger share of the booming PE market

As dealmaking surges ahead after last year’s pandemic-induced lull, it is US law firms that are reaping the rewards

By

James Booth

The top UK and US law firms in London are engaged in a colossal tussle for private equity market share
The top UK and US law firms in London are engaged in a colossal tussle for private equity market share Photo: Getty Images

The top UK and US law firms in London are engaged in a colossal tussle for private equity market share as they look to capitalise on a surge of deals in the sector.

Private equity partners at six leading City law firms told Financial News they are being inundated with work after the market roared back strongly following the first UK lockdown last March.

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