Private Equity Firm First to Openly Target Legal Services in U.K.
Lyceum Capital has become the first investment house to openly target legal services as the private equity firm moves to position itself ahead of sweeping deregulation of the U.K. profession. The buyout house has also appointed a senior advisory panel to seal its credentials, including former Clifford Chance managing partner Tony Williams, high-profile legal IT consultant Richard Susskind and Paul Hewitt, who was instrumental in developing legal services arms at the RAC and Co-operative Group.