Since selling a 30% stake to a private equity firm in 2022, Australia’s Wotton + Kearney has experienced significant growth. Over the past three years, the firm has opened two new offices, increased its revenue by 80%, and expanded its lawyer headcount from 220 to 460. This growth narrative provides an example of how private equity backing can benefit law firms, a topic of interest as jurisdictions worldwide, including Spain, Germany, and the U.S., explore third-party investment opportunities.
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