The rise and fall of Parabis

• Localización: The Lawyer, ISSN-e 0953-7902, Vol. 31, Nº. 12 (4/4/2016), 2016
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article discusses the collapse of law firm Parabis which is considered as the commercial failure of the legal market of the U.S. It mentions that Parabis grew through a buy-and build business strategy and looked to fund further acquisitions to receive an injection of capital from a private equity house. It also mentions that alternative business structures (ABSs) allowed Parabis to keep its major insurance clients and practice of launching joint ventures with insurers.