September 2025 – A recent feature in Legal Business (Powered by Legal 500) explores the accelerating wave of private equity interest in the legal sector, spotlighting major deals and growing investor appetite for law firm acquisitions. The article captures a shift from speculation to action, with investment bankers actively pitching firms and transactions now reaching the £100m-£300m range.

Among the voices shaping this narrative is Liam Brown, Chairman and CEO of Elevate, offering his perspective on the scale and seriousness of current investment trends and how the industry is entering a new era, where law firms are increasingly seen as scalable, high-value investment opportunities.

‘There’s real money going in: hundreds of millions of dollars in some cases,’ Liam notes, referencing Elevate’s own $60m investment from Runway Growth Capital.

He sees this shift as part of a broader transformation driven by regulatory changes, capital efficiency, and evolving business models. Firms with strong brands, tech-enabled delivery, and diversified revenue, and those open to rethinking ownership structures, are best positioned to attract investment and accelerate growth.

Read more here.