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Private Equity Lawyers

Outlook

Employment for lawyers who work for firms that deal with funds, trusts, and other financial vehicles is expected to grow by 30 percent through 2024, according to the Occupational Outlook Handbook. Private equity firms have high amounts of “dry powder” (unused money that is used to make deals) available for investment, which suggest that there will be strong demand for lawyers to help firms structure and close deals and provide legal guidance regarding portfolio companies. Increasing regulation of the PE industry will also create demand for attorneys. “As companies attempt to meet the requirements of an expanding number of regulatory mandates, compliance-related legal services are becoming a mainstay,” according to national staffing firm Robert Half Legal’s 2016 Salary Guide for the Legal Field. “Demand is steady in both corporate and law firm environments for lawyers and legal support professionals who can help businesses understand and comply with often-changing regulations.”

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