Source: Legal IT Insider
By Caroline Hill
The Barrister Group (TBG), which is the umbrella group for Clerksroom Chambers and Clerksroom Direct, has become the first chambers to secure private equity backing, with LDC investing an eight figure sum for a minority share.
Christina Blacklaws, non-executive director of TBG and former president of the Law Society, said: “Many may ask why LDC has chosen to invest in TBG. This isn’t only an investment in a barristers’ chambers. It’s an investment in legal technology, an investment in opening up the profession to a wider pool of talent and an investment in access to justice whereby instructing solicitors and members of the public can access counsel quickly and efficiently. It’s also an investment in an alternative way of working at and with the Bar which allows greater choice for a profession whose wellbeing is a common cause of concern.”…
Read full article: https://legaltechnology.com/2023/05/31/the-barrister-group-secures-pe-backing-from-ldc-in-bar-first/
