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Most innovative North American law firms 2016: New products and techniques

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AwardHighly Commended
Originality8
Rationale8
Impact8
Total innovation score24
CommentLawyers helped create the first private equity “fund of funds” to broaden the pool of retail investors who could invest in private equity funds and their portfolio companies. One of the first to be incorporated, it allows investment in a way that is straightforward and permitted by the Internal Revenue Service and regulated by SEC. Commended: Gregory Davis