The lack of equity capital markets work leaves firms with two stark options over what to do with their lawyers
April 10, 2002 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
It is a sign of leaner times when once revered equity capital markets lawyers are forced to grub around on mid-cap restructurings or rescue rights issues.
But this is the reality for the City’s highly geared and expensively assembled IPO teams as they struggle to contend with a moribund securities scene.
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