Your first legal hire in private equity: Scaling the right way

Autor Nikki Newton
April 14, 2025

The topic of culture has never been more critical in hiring discussions, particularly when recruiting in-house legal teams in private equity firms and portfolio companies, who are increasingly recognising that businesses thrive through the right hires. 

Nowhere is this more important than in legal, where your first hire sets the foundation for how risk is managed, deals are executed, and growth is scaled.

Bringing in the first legal hire in your PE firm isn’t just about finding someone who can handle contracts, regulatory matters, and risk – it’s about hiring someone who can build the function, shape strategy, and scale with the business.

The right General Counsel or Head of Legal:

  • Defines the legal strategy in line with business objectives
  • Influences leadership decisions, ensuring risk is managed proactively, not reactively
  • Lays the foundation for future legal hires, setting the tone for culture and team structure
  • Scales with the business, evolving from a solo legal operator to a leader building a legal team

Hiring someone who merely ticks technical boxes can be a costly mistake. You need a legal leader who understands growth, can adapt and will drive the business forward.

Your first legal hire is just the beginning. As your business grows, so do its legal needs. Scaling your in-house legal team successfully means knowing when to invest in additional legal talent – whether that’s expanding the in-house team or leveraging external counsel.

The best legal teams are built with proactive hiring strategies, not reactive ones.

If your first legal hire is overwhelmed, firefighting, or struggling to embed legal into commercial decision-making, the business is already playing catch-up.

A strategic approach to scaling legal ensures:

  • Legal remains a business enabler, not just a compliance function
  • Risk is managed before it becomes a problem
  • The company is structured for long-term success, particularly in high-growth environments

It’s not just who you hire – it’s how you hire

A well-structured, engaging approach to hiring ensures candidates don’t just feel assessed – they feel bought in. The best legal talent wants to know:

  • How does the legal function integrate into business strategy?
  • Will they have a seat at the leadership table?
  • What opportunities exist to grow with the company?

This is where having the right search partner makes all the difference. The best talent isn’t always actively looking. A strategic search widens the scope beyond the obvious, ensuring you find individuals who align with your firm’s values, work ethic and long-term ambitions.

Culture: The key to attracting and retaining talent

Culture should be at the heart of every hiring strategy. If it’s not, you risk losing – or never attracting – the very legal talent that will drive your business forward. Those first hires shape your leadership team, influence decision-making and set the tone for future growth.

Thriving businesses aren’t built just on capital. They’re built on talent. Investing in the right legal leadership – at the right time – ensures your business is positioned not just to grow, but to scale sustainably.

Jobs

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Project Manager – Financial Services – IT Product

I am currently working with a very interesting client in Paris, looking for a Project Manager to lead the end-to-end delivery of strategic initiatives within a leading financial services environment. This role is positioned as an IT Product Manager, focused on driving cross-functional projects across derivatives, trading / post trading operations. Key Responsibilities Deliver full […]
  • Salary €50000 – €55000 per annum + Plus Bonus and Benefits
  • Posted Veröffentlicht vor 4 Stunden
  • Banking (in-house)

Project Manager – Financial Services IT Product

I am currently working with a very interesting client in Paris, looking for a Project Manager to lead the end-to-end delivery of strategic initiatives within a leading financial services environment. This role is positioned as an IT Product Manager, focused on driving cross-functional projects across derivatives, trading / post trading operations. Key Responsibilities Deliver full […]
  • Salary Up to €55000 per annum + Plus Bonus and Benefits
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Commercial Property Solicitor – Elite US Law Firm

Commercial Property Solicitor | 6-Month FTC | Elite US Law Firm | London Our client, an elite US City law firm in London is seeking a Commercial Property Solicitor to join its high-performing real estate team on a 6-month fixed-term contract. This is a fantastic opportunity to gain exposure to complex, cross-border transactions and work […]
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