Anyone seeking reassurance about the state of the deal markets following a spate of mega-mergers earlier this year should probably avoid looking at the latest rankings from mergermarket, which make for depressing reading. Not only was Q1 2013 down 8% on the corresponding period in 2012 by value and nearly 20% by volume, but it was the slowest opening quarter in 10 years – painting a gloomy picture for corporate lawyers.
April 11, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Davis Polk, Freshfields among top Q1 performers as global deal levels fall to new low. Alex Newman reports
Anyone seeking reassurance about the state of the deal markets following a spate of mega-mergers earlier this year should probably avoid looking at the latest rankings from mergermarket, which make for depressing reading.
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