Top City and national firms are fast building market share in corporate in response to the current downturn in deal activity, according to data obtained exclusively by Legal Week. Research by Mergermarket confirms that deal volumes are now rising at many large law firms, despite a continued fall in deal activity in the second quarter of 2008 - down globally from 3,260 in Q1 to 2,993 on announced deals in the last quarter.The pattern is repeated in Europe where 1,295 deals were announced in Q2, against 1,407 in Q1 and 1,655 in Q2 2007.
July 03, 2008 at 02:03 AM
1 minute read
The original version of this story was published on Legalweek
Top City and national firms are fast building market share in corporate in response to the current downturn in deal activity, according to data obtained exclusively by Legal Week.
Research by Mergermarket confirms that deal volumes are now rising at many large law firms, despite a continued fall in deal activity in the second quarter of 2008 – down globally from 3,260 in Q1 to 2,993 on announced deals in the last quarter.
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