Eight Simple Steps to Starting Your Own Mutual Family

Step Two: Hire Expert Counsel

See Other Steps

Step 8

The mutual fund industry is one of the most regulated in the world. That makes a knowledgeable and experienced law firm a key ally for anyone seeking to succeed in the space. That law firm should not only be able to advise on key decisions but should also be able to refer other partners.

The MFWire has uncovered more than 100 law firms listed in regulatory filings as serving the 723 fund families currently in existence. The following are the 10 law firms with the most clients:

Thompson Hine LLP

K&L Gates LLP

Paul, Hastings, Janofsky & Walker LLP

Dechert LLP

Morgan, Lewis & Bockius LLP

Stradley, Ronon, Stevens & Young LLP

Ropes & Gray LLP

Godfrey & Kahn

Bingham McCutchen LLP

Drinker Biddle LLP

Editor's note: This article is part of The MFWire.com's eight-step primer for starting a mutual fund family.

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