If a good chunk of the latest issue of Legal Business is focused on technology and machines replacing lawyers, our extended focus this month on private equity is an interesting contrast. After all, what good would a supercomputer be in the clubby, driven and entrepreneurial world of leveraged buyouts?
But then private equity has for years been an outlier in City law. Leading law firms built their businesses around banks and multinational clients, ushering in globalisation, one-stop-shopping and customer relationship management programmes.
