M&A lawyers still waiting on full-blown recovery as deal flux continues in H1
Deal activity managed a modest revival in the first half of the year after a dire start to 2009 but continued market turbulence in the second quarter of 2010 has kept M&A lawyers waiting for a robust recovery. Research from Legal Week's data provider Mergermarket shows that bid activity edged up in the first half of the year. Global deal volume was up 12% against H1 2009, while deal value rose by 6%; in Europe volumes were up 6% over the same period while bid value rose by 23%.
Linklaters, Herbert Smith, Norton Rose and A&O rank strongest in ‘patchy’ deal market
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