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Private equity investment in law firms is kicking off in England. But in Scotland, lawyers are at risk of falling behind as regulations restrict Scottish firms from doing the same – and that’s left lawyers there frustrated.

So on this episode of the podcast, the team is joined from Glasgow by Horizon editor Margaret Taylor and deputy editor (UK) Richard Simmons, as we unpack the challenges facing private equity investment in Scotland, dive into the dramatic changes in Scottish firms' leadership in recent years, and ask what the future has in store for the market.