Tech-driven legal services firm The Barrister Group (TBG) has secured an eight-figure minority investment in a deal thought to be the first of its kind in the Bar of England and Wales.
TBG is an umbrella group of legal companies including Clerksroom, which is headquartered in Somerset. The firm has developed software which is designed to give barristers flexibility to work remotely and improve public access to legal services.
The company has now secured private equity backing from LDC, the private equity investor which is part of Lloyds Banking Group. The transaction was led by LDC’s team in Bristol.
