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LEGAL & REGULATION

Ninety eight per cent of US private equity groups expect external legal spend to fall in 2020

Ninety eight per cent of US private equity groups expect external legal spend to fall in 2020

US private equity groups spent an average USD353,000 on external legal counsel per acquisition when prosecuting deals in 2019, according to research released by Apperio, a London-based specialist legal spend management platform. In the UK, the figure was slightly lower at USD253,000.