Private Equity Firms Increasingly Hire In-House Counsel

• Posted by Geoffrey G. Gussis on September 19th, 2007


• Filed in Careers (Inhouse Jobs)

Looking to make a move? Private equity firms might be a good place to look as a recent article at Law.com points out:

As private equity firms grow, broaden the scope of their investments and encounter more litigation, a rising number of them are hiring general counsel.Kohlberg Kravis Roberts & Co., one of the biggest private equity firms in the world, and GTCR Golder Rauner LLC, one of the largest in Chicago, both are seeking first-time general counsel, according to people familiar with the executive searches. KKR and GTCR declined to comment.

Many of the largest firms have hired general counsel in the past two years and midsized players are starting to do the same. As the dollar amounts under management and the complexity of investments climb, there are strategic advantages to having in-house legal acumen, the firms say. A general counsel benefits those seeking to go public, like KKR, as well as those facing potential litigation.”

Private Equity Firms Increasingly Hire In-House Counsel