What Recent Axiom, Deloitte, And UnitedLex Announcements Reveal About Law’s Future
July 24, 2020
Published by Forbes
Authored by Mark A. Cohen
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Elena Donio will stay on as CEO as Permira becomes the legal staffing behemoth's biggest stakeholder. Permira, the European private equity firm known for its investments in professional services businesses, has made a “significant” investment in legal staffing and services provider Axiom and will be the majority owner of the company, according to Axiom senior vice president David Pierce.
Axiom, one of the world’s largest alternative legal services providers, said today that it has entered into an agreement with private equity firm Permira by which a company backed by Permira funds will take a significant investment in Axiom.
Axiom has been blazing new trails in the legal industry since its launch in 2000. What began as an upstart legal services provider coyly straddling the law firm/service company divide has become a trusted global provider to half of the Fortune 100 legal departments.