Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

California moves to restrict PE investment in law firms

California lawmakers have approved legislation that would significantly restrict private equity and other corporate investors from influencing the operations of law firms, potentially making the state…

  • California lawmakers pass AB 2305 to restrict PE investment in law firms.
  • Bill aims to prevent investors from controlling legal practices and operations.
  • If signed, California would be third US state with such restrictions this year.

More from Friday 28 August →