David Houston - Profile and Journalist Details
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David Houston
Verified
Editor, Daily Journal (Los Angeles and San Francisco)
Los Angeles
Beats
documentary lifestyle newsTravel
religion, politics, sports
Content
By David Houston Verified| Daily Journal (Los Angeles and San Francisco) Verified Ares Management Corp's acquisition of a 70% stake in an Omni Bridgeway litigation fund could mark a turning point in how institutional capital flows into the legal industry, some industry observers say. "It's a back door into the highly profitable world of Big Law, which PE has been eyeing for years," said Peter Zeughauser of the consultancy Zeughauser Group. "Lets them get into the business of law with a diversified portfolio of litigation investments as opposed to buying a law firm.
By David Houston Verified| Daily Journal (Los Angeles and San Francisco) Verified Five years ago, an angry litigant showed up at New Jersey federal Judge Esther Salas' home and shot to death her 20-year-old son Daniel. On Tuesday, another federal judge received an unordered pizza delivery, and the sender was listed as Salas' son. "They are using my son's name to send threatening pizza deliveries," Salas said in an interview a few minutes after she heard the news.
By David Houston Verified| Daily Journal (Los Angeles and San Francisco) Verified Ares Management Corp's acquisition of a 70% stake in an Omni Bridgeway litigation fund could mark a turning point in how institutional capital flows into the legal industry, some industry observers say. "It's a back door into the highly profitable world of Big Law, which PE has been eyeing for years," said Peter Zeughauser of the consultancy Zeughauser Group. "Lets them get into the business of law with a diversified portfolio of litigation investments as opposed to buying a law firm.
Company Info
Daily Journal (Los Angeles and San Francisco)
Los Angeles, California, United States
+1 213-229-5300