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PE Firms Leap Into MSO 'Frontier' For Slice Of Legal Industry

By Ryan Boysen and Emma Cueto ( September 9, 2025, 4:48 PM EDT) -- Managed services organizations are quietly gaining ground in the U.S. legal industry as private equity companies eye the use of MSOs to overcome rules against fee sharing and nonlawyer ownership of firms, but critics warn that such a shift could open up an ethical Pandora's Box....

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