Getting the call to do an IPO is “like finally getting a date with the cute girl in class,” as one veteran corporate lawyer puts it.
This year, Silicon Valley’s corporate lawyers are at long last the popular kids again as tech companies are going public en masse for the first time in years. But a survey of legal fees shows that even with the upswing, generally lawyers aren’t getting paid more for advising those companies. It’s still a buyer’s market.
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