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How many of you guys work for law firms owned by private equity?
| me mum died in the holly (TT6) | 05/03/26 |
| me mum died in the holly (TT6) | 05/03/26 |
| Nazca Redlines | 05/03/26 |
| me mum died in the holly (TT6) | 05/03/26 |
| jag | 05/03/26 |
| me mum died in the holly (TT6) | 05/03/26 |
| mog | 05/03/26 |
| me mum died in the holly (TT6) | 05/03/26 |
Poast new message in this thread
Date: May 3rd, 2026 7:16 PM Author: me mum died in the holly (TT6) jesus this is GOING FAST.
within 2 years, no one will "become partner." hth |
Date: May 3rd, 2026 7:18 PM Author: me mum died in the holly (TT6) AI is going to do 8 hours of work in 30min. Partners are going to get PAAAAAIIIDDD. PE firms will collect big fees.
Associates fucked. Eventually the partners will retire/get pushed out since they dont own anymore. Then just a few lawyers reviewing AI work and all profits going to the PE. |
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Date: May 3rd, 2026 7:21 PM Author: Nazca Redlines Does anyone? State bars prevent non lawyers from owning law firms. Maybe PE coming up with new work arounds that I don't know about. Litigation financing was growing a lot a few years ago. (http://www.autoadmit.com/thread.php?thread_id=5863293&forum_id=2Reputation#49862492) |
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Date: May 3rd, 2026 7:24 PM Author: me mum died in the holly (TT6) Are you retarded? Did you know only doctors can own medical practices, but that the majority are owned by private equity?
you lawyers created ways to get around all those regulations and its coming back to rape u (unless you are already partner) |
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Date: May 3rd, 2026 7:29 PM Author: jag What you said about medical practices isn't true in the majority of the country. But yes, even in states where that is true, PE has plenty of workarounds (http://www.autoadmit.com/thread.php?thread_id=5863293&forum_id=2Reputation#49862501) |
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Date: May 3rd, 2026 7:31 PM Author: me mum died in the holly (TT6) Private equity (PE) firms are rapidly acquiring medical practices, with over 1,000 U.S. practices purchased between 2010 and 2020, frequently targeting high-margin specialties like dermatology, gastroenterology, and cardiology. These firms typically use a "buy-and-build" strategy, consolidating small practices into larger entities to sell for a profit within 3–7 years.
By the beginning of 2024, private equity owned at least 386 hospitals, or roughly 30% of all for-profit hospitals in the United States.
lol. ok. just THOUSANDS of medical practices and about a THIRD of all hospitals and growing RAPIDLY.
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Date: May 3rd, 2026 7:21 PM Author: mog Post article link? I don’t see this happening at the high end of legal work (e.g., V10) – profits too juicy.
Also anyone who’s actually doing big ticket legal work would agree that AI is mid AF. As it’s been discussed ad infinitum here, it’s glorified autocorrect and replaces a shitty junior associate. |
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Date: May 3rd, 2026 7:25 PM Author: me mum died in the holly (TT6) AI now? only shit firms like S&C https://futurism.com/artificial-intelligence/prestigious-law-firm-humiliated-ai
PE owning? ya baby its starting to rock and roll |