By most accounts 2025 has been a lucrative year for law firms – certainly an improvement over 2023 and 2024 – but nevertheless there are real financial pressures. Partners are fretting over the costs of talent and technology, but these mask a bigger, longer-term problem: how law firms deal with capital outlays. This is particularly challenging for cash-based/full distribution businesses like law firms, but it calls into question (and offers opportunities) around everything from associate development to a firm’s real estate footprint. Please join us as we examine innovation in law firm’s approach to capital strategy, including the potential for the advent of private equity (and other private capital) ownership in law. Can Alternative Finance Sources (AFS) help law firms scale and achieve differentiation?