Mergers & Acquisitions,
Law Practice
Jul. 19, 2021
Law firms expand, betting on continued M&A surge
In the first half of 2021, businesses spent $1.74 trillion on M & As involving U.S. companies, compared to $511.79 billion during the same period last year, according to data from Refinitiv Deals Intelligence, which tracks M&A globally.
Law firms are expanding their corporate practices as they bet that the surge in mergers and acquisitions activity will continue.
"In the early days of safer at home orders, it was unclear what the markets would look like, and some feared they would shut down," Daniel Clivner, managing partner of Sidley Austin LLP's Los Angeles office, said. "And maybe for a quarter or so from March to June, they sort of did, but they came roaring bac...
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