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If the business model is working so well why does it need a hefty cash injection?In a modern digital environment more office space cannot be part of the calculus. And staffing and advertising should look after themselves if the profits are good.If the profits are good why do the owners want to share them with venture capitalists?

There is an inherent instability in rapidly growing a production line legal practice. Rather like an isotope, there will be a point where bits start to break off. Alternatively, the attraction for the venture capital will be a long term aim for some kind of ABS supermarket combining lawyers, estate agents, accountants, insurance and pension funds.