In-house changes: the use of in-house lawyers

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Hedge fund management companies and hedge funds are complex. In an increasingly regulated environment, the need for legal advice has grown. At the same time more organisations are making legal advice an in-house activity.

The size and scope of legal teams inside hedge fund management companies varies widely. Some have a single lawyer while others have large departments. Some are responsible for legal affairs, risk management and compliance, while others focus on pure legal work.

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