Rafi Law Group, the 11-year-old private harm law firm with its ubiquitous billboard and bus-wrapping advertising marketing campaign, has secured a $125 million private equity investment that may fund the creation of what is generally known as a administration companies group, or MSO.
In essence, the reorganizational transfer – that closed in March – splits the enterprise in half and spins out the entire firm’s non-legal back-office operations, from its IT division to HR and advertising, into a brand new entity referred to as Rafi Law Services.
Rafi Law Group stays as a authorized observe overseeing consumer illustration, with 26 attorneys, whereas about 250 different staff are actually beneath the Rafi Law Services enterprise mantle. Rafi Law Group ranks within the high 50 largest Phoenix law companies, in accordance with Business Journal analysis.
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