Private Equity in Law:
What Firm Owners
Actually Need to Know
The term sheet looks good. But do you know what comes after?
Free to attend. One hour. No sales pitch.
Time Until the Live Roundtable
Private equity interest in the legal sector is no longer a fringe conversation. ABS expansion in the West, MSO structures nationwide, and aggressive LOIs with multiples that make headlines. The capital is real, and it is moving fast.
But the firms signing deals are not always the ones walking away with the outcomes they expected.
This roundtable is not a pitch for consolidation. It is a direct, practitioner-level conversation about what the PE thesis in law actually looks like.
The mechanics, the compliance exposure, the governance shifts, and the long-term trade-offs that rarely make it into the headline numbers. If you are evaluating a deal, already in one, or building a firm with an eye toward eventual liquidity, this is the conversation you need to be in.
What We'll Cover
The Valuation Gap
Why some firms command massive multiples while others get passed over entirely, and the truth behind the numbers being circulated online.
ABS vs. MSO: The Structural Roadmap
A practical breakdown of both models. How do you bring in outside capital while staying compliant with ER 5.4 and your state's professional conduct rules?
The Post-Close Reality
What does Day 1 actually look like? We'll talk through KPI culture shifts, governance changes, and what the Founder's Journey looks like 24 months after the check clears.
Red Flags and Regrets
Independence of professional judgment, deal structures worth walking away from, and the mistakes founders wish they had caught before signing.
The Non-Seller's Strategy
Not ready to exit? We'll cover internal equity realignment, ESOPs, and what scaling without outside capital actually requires.
This Roundtable Is Built For You If...
- You are a law firm owner actively evaluating PE or ABS structures.
- You are a managing partner who wants to understand the deal landscape before you're in it.
- You are tracking the consolidation trend and its implications for the profession.
- You have been approached with an LOI and want a clearer picture before responding.
This is not an introductory session. It is built for people who already understand the business of law and want the unvarnished version of what PE involvement looks like in practice.
Meet the Host
Billie Tarascio
Owner of Modern Law, a firm that has actually scaled. Billie has been in the trenches of growth and knows firsthand what works, what breaks, and what it takes to build a firm that doesn't fall apart when it gets bigger. She brings practitioner-level honesty to every conversation about the business of law.
One hour worth having before you sign anything.
Come with your questions. The panel will come with straight answers.
Reserve Your Seat