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Wall Street Journal

Private Credit Legal Hiring Strong Amid Deal and Compliance Complexity

Private-credit firms are increasingly seeking in-house legal help as both dealmaking and regulatory compliance grow in complexity, and many nonbank lenders aim to poach from established law practices in their hunt for talent. Fundraising needs, firm growth and an increase in deal volume feed demand for internal legal talent in the private-credit sector. Some firms have created hybrid roles that blend legal and investment responsibilities.