A Man of the Fame, Not a Man of the People? What Morgan & Morgan’s Wall Street Moment Says About the Future of Law

The issue is not Morgan & Morgan. The issue is whether scale eventually changes the nature of the relationship.

A few years ago, if someone had told me that private equity firms would one day be studying plaintiffs’ law firms the way they study healthcare companies or technology businesses, I probably would have laughed.

Not because law firms are not businesses. They are.

Every lawyer who has ever worried about payroll, overhead, rent, insurance, and collections knows that.

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