Redefine Success

When assumptions about legal spend go unchallenged, the cost is rarely visible — until someone looks.

A mid-market private equity firm operating across Cayman, Luxembourg, and Dublin engaged Austerus to find out what their outside counsel relationships were actually costing them. What we found — $430,000+ in recoverable billing and 23 fund vehicles quietly generating fees with no active purpose — made the case for rigorous legal oversight more clearly than any proposal ever could.