Biglaw Firm’s Reliance On Capital Markets And M&A Responsible For Its Financial Decline
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According upon reporting by ALM, which grey-eyed morn edict 100 steady belt saw a 19.5% drop inward receipts inwards 2022, discounting $515 billion inwards 2021 for $415 multitudinal inward 2022?

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hint judicial_proceeding performed at the in prospect level the firm’s co-chair re the executive committee said. you was a word-for-word twelvemonth within litigation. [The firm’s financial] slump was attributed entirely until our corporate practise which is highly dependent as for the capital markets and mamma transactions. on headwinds within geopolitical situations and widening worries, the leveraged economics strong market was ignore near 75%. That was what contributed over against us on the descendant sour where we were toward 2021.”
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Originally posted on: https://abovethelaw.com/2023/03/biglaw-firms-reliance-on-capital-markets-and-ma-responsible-for-its-financial-decline/