Credit: Yokie/Stock.Adobe.com SPAC to the Future: Law Firms Are Riding the Wave as Interest Explodes
As special purpose acquisition companies grow in size and status after a record-shattering year, law firms are standing at attention, eager to get in on the action—as long as the bubble doesn't burst.
March 25, 2021 at 03:15 PM
14 minute read
Douglas Ellenoff credits the boom to the erasure of stigma. With nearly 250 blank-check companies launched last year, 2020 may have been "the year of the SPAC," according to a list of commentators too long to count. But the veteran dealmaker and founding partner at New York boutique Ellenoff Grossman & Schole insists the explosion didn't happen overnight.
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Law Firms Mentioned
- Winston & Strawn LLP
- Gibson, Dunn & Crutcher
- Ellenoff Grossman And Schole Llp
- Wilmer Cutler Pickering Hale and Dorr LLP
- Cadwalader Wickersham & Taft
- Wilson Sonsini Goodrich & Rosati
- Sidley Austin
- Fried, Frank, Harris, Shriver & Jacobson
- Skadden, Arps, Slate, Meagher & Flom LLP
- Munger, Tolles & Olson
- Goodwin Procter
- Reed Smith
- Kirkland & Ellis
- Ropes & Gray
- King & Spalding
- White & Case
- The New York Times Company
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