

Investment May 2018
SectorBusiness Services
Business Alternative Legal Services
Growth StrategyInternational ExpansionProduct and Service Development
Why we invested
Alternative legal service providers provide corporates with more flexible and cost-effective ways of managing their legal needs than those offered by traditional law firms. The sector is growing rapidly, and its penetration of the $635 billion global legal services industry is forecast to grow from around 1% to 10% by 2025. As the pioneer in the market, LOD is uniquely positioned to capitalise on this growth, due to its unrivalled reputation for innovation, quality and client service, and its access to world class legal talent.
Number of customers
>500
The story so far
LOD is continuing its strong record of organic growth and has completed the acquisition of lexvoco, an Australasian alternative legal services business. The company has further strengthened its senior management team with the appointment of a Non-Executive Chairman and CFO.
Tom Hartley,Chief Executive
Read more about our Business Services strategy
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