Since time immemorial, corporate lawyers have grumbled about the fees investment banks have been able to charge for dishing out corporate finance advice.…
July 05, 2000 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Since time immemorial, corporate lawyers have grumbled about the fees investment banks have been able to charge for dishing out corporate finance advice.
They have had to satisfy themselves with flat fees or time-recorded bills, while bankers have been able to negotiate a sizeable percentage of the value of the deal.
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