A new survey reveals a real legal conundrum for venture capital and private equity firms face in that they are under pressure to cut legal costs as business revenue from M&A and fundraising activity declines.
The study, “Private Equity and Venture Capital: Two Industries United by Lackluster Legal Spend Management,” was completed by Apperio, a legal spend tracking technology firm. Its findings included the fact that venture capital firms in the U.S. and U.K. are likely to be under even more perceived pressure to cut costs, and both PE and VC firms are . . .
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