Rethinking Legal Talent
March 2, 2020
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As general counsel of alternative legal services provider Axiom, Lisa Young spends a chunk of her time brainstorming and implementing ways to make her peers' job easier.
In what must be assumed to be a u-turn on its plans to float, Axiom today (5 September) announced that it has taken a “significant investment” from Permira, albeit the sum is as yet undisclosed. The Axiom management team, led by CEO Elena Donio, will continue in their current roles. You will recall that Permira is already active in the legal tech sector having taken a controlling stake in LegalZoom in 2014.
Lawyer staffing company Axiom announced it has received an investment from private equity firm Permira Funds and has scrapped its pursuit of a public offering.