Counsel for aligning interests by taking stakes
Victor Kaim’s catchphrase after he firstused an electric shaver from Remington Products was "I liked it so much, I bought the company" and it is an investment strategy used by customers of other companies, including legal services.
Last year, Matthew Hudson (pictured) set up UK-based law frm MJ Hudson to raise and transact for private funds and deals with the backing of clients from his previous practices at SJ Berwin, O’Melveny & Myers and Proskauer Rose.
The clients-turned-owners invested in…