Take the ongoing debt crisis in Europe, add slowing growth in China, toss in the uncertainty of a presidential election in the United States, and finish it off with Congress tiptoeing to the edge of the fiscal cliff. Doesn’t sound like much of recipe for a solid year in dealmaking, does it? Given all the things stacked against the global economy in 2012, it might come as a surprise that the value of corporate transactions was up in both mergers and acquisitions and capital markets work. According to Thomson Reuters, the value of worldwide mergers and acquisitions in 2012 crept up 2 percent over the prior year, to $2.6 trillion; equity capital markets activity was up 1.5 percent, to $630.4 billion; and overall global debt capital markets dealmaking was up 10 percent, to $5.6 trillion, the highest mark since 2009. What did this rise in work, coming after a long slumber, mean for transactional lawyers? This year’s edition of our Corporate Scorecard has the answers.
Previous Corporate Scorecard reports :: 2012 | 2011 | 2010 | 2009 | 2008
Acting Amid Uncertainty
By Ross Todd
In an unsettled economy, transactions lawyers had their hands full last year with spin-offs, divestitures, and junk bonds. All told, the value of corporate transactions was up in both mergers and acquisitions and capital markets work.
Trending Stories
-
- 25 Years of the Am Law 200: Is Size as a Strategy a Winning Formula?
- People, Places & Profits, Part III: Are Law Firm Financial Metrics Keeping Pace With Inflationary Growth?
- What Associates Really Think: A Deep Dive on Lawyer Satisfaction, Professional Development and How Firms Are Rethinking Talent Management
Featured Firms
Law Offices of Gary Martin Hays & Associates P.C.75 Ponce De Leon Ave NE Ste 101Atlanta, GA 30308(470) 294-1674www.garymartinhays.comLaw Offices of Mark E. Salomone2 Oliver St #608Boston, MA 02109(857) 444-6468www.marksalomone.comSmith & Hassler1225 N Loop W #525Houston, TX 77008(713) 739-1250www.smithandhassler.comPresented by BigVoodoo
More From ALM
View Now
View Now
View Now
Dallas, TX
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Learn More
New York, NY
Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.
Learn More
New York, NY
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Learn More
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
Apply Now ›
Javerbaum Wurgaft, a large civil litigation firm with nine (9) offices, seeks: Plaintiff Personal Injury Attorney for Northern New Jersey of...
Apply Now ›
Exciting Career Opportunities at Nuzzo & Roberts! Nuzzo & Roberts, a leading mid-sized insurance defense firm based in Cheshire, CT...
Apply Now ›