Two recent transactions highlight the return of megadeals in 2024, which are continuing to push up demand for top M&A law firms.
Just in the last week, Verizon announced a $20 billion buy of Frontier Communications, while funds managed by Blackstone, together with the Canadian Pension Plan Investment Board, agreed to a $16.1 billion purchase of AirTruck. New York firms such as Debevoise & Plimpton; Paul, Weiss, Rifkind, Wharton & Garrison; Cravath Swaine & Moore; Skadden, Arps, Slate, Meagher & Flom; and Simpson Thacher & Bartlett, among others, helped lead those deals.
