{"id":151189,"date":"2026-05-14T15:15:07","date_gmt":"2026-05-14T23:15:07","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/05\/14\/biglaw-partners-arent-ready-to-hand-over-the-keys-to-private-equity-just-yet\/"},"modified":"2026-05-14T15:15:07","modified_gmt":"2026-05-14T23:15:07","slug":"biglaw-partners-arent-ready-to-hand-over-the-keys-to-private-equity-just-yet","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/05\/14\/biglaw-partners-arent-ready-to-hand-over-the-keys-to-private-equity-just-yet\/","title":{"rendered":"Biglaw Partners Aren\u2019t Ready To Hand Over The Keys To Private Equity Just Yet"},"content":{"rendered":"

Ed. note<\/u>: Welcome to our daily feature,\u00a0Quote of the Day<\/a>.<\/em><\/p>\n

In most cases, partners will need to be persuaded not only that PE investment\u2014and giving up a degree of equity and control to outside investors\u2014is in the firm\u2019s best interests, but that it represents the best available alternative for achieving the partnership\u2019s aspirations<\/strong>.<\/p>\n

\u2014\u00a0\u00a0Kent Zimmermann, co-chair of the Zeughauser\u00a0Group, in comments given to the American Lawyer<\/a>, concerning what needs to happen at a law firm before a private equity deal to sell of a portion of the firm\u2019s business can be approved. Zimmerman went on to note that partners will likely have questions about clients and rates, and that \u201cthey will expect compelling, evidence-backed answers that they can live with while preserving the kind of culture they want to have in their firm.\u201d<\/em><\/strong><\/p>\n

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Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to\u00a0email<\/a>\u00a0her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n

The post Biglaw Partners Aren\u2019t Ready To Hand Over The Keys To Private Equity Just Yet<\/a> appeared first on Above the Law<\/a>.<\/p>\n

Ed. note<\/u>: Welcome to our daily feature,\u00a0Quote of the Day<\/a>.<\/em><\/p>\n

In most cases, partners will need to be persuaded not only that PE investment\u2014and giving up a degree of equity and control to outside investors\u2014is in the firm\u2019s best interests, but that it represents the best available alternative for achieving the partnership\u2019s aspirations<\/strong>.<\/p>\n

\u2014\u00a0\u00a0Kent Zimmermann, co-chair of the Zeughauser\u00a0Group, in comments given to the American Lawyer<\/a>, concerning what needs to happen at a law firm before a private equity deal to sell of a portion of the firm\u2019s business can be approved. Zimmerman went on to note that partners will likely have questions about clients and rates, and that \u201cthey will expect compelling, evidence-backed answers that they can live with while preserving the kind of culture they want to have in their firm.\u201d<\/em><\/strong><\/p>\n

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<\/figcaption><\/figure>\n

Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to\u00a0email<\/a>\u00a0her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n

The post Biglaw Partners Aren\u2019t Ready To Hand Over The Keys To Private Equity Just Yet<\/a> appeared first on Above the Law<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ed. note: Welcome to our daily feature,\u00a0Quote of the Day. In most cases, partners will need to be persuaded not only that PE investment\u2014and giving up a degree of equity and control to outside investors\u2014is in the firm\u2019s best interests, but that it represents the best available alternative for achieving the partnership\u2019s aspirations. \u2014\u00a0\u00a0Kent Zimmermann, […]<\/p>\n","protected":false},"author":3,"featured_media":151190,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-151189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2026\/05\/Staci-Zaretsky-xNL90H.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/151189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=151189"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/151189\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/151190"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=151189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=151189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=151189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}