Private Equity Owners Can Remedy Law Firms' Agency Issues

By Michael Di Gennaro (September 22, 2023, 3:56 PM EDT) -- Law firms, like many businesses, are affected by agency problems, the significance of which depends on law firm size and structure as well as the relationships between firm stakeholders. An agency problem arises from the separation of ownership and control in a company and is defined as the problem of motivating one party, the agent, to act on behalf of another — the principal.[1]...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.

A Law360 subscription includes features such as