Global dealmaking continued gathering steam last year, as the European and Asian economies got back on track after the worldwide slump—good news for law firms with strong corporate and transactional practices. The rebound started in the United States in 2013, but last year the rest of the world began catching up for the first time since the global financial crisis.
“In 2008 and 2009, everyone was nervous,” says Mitchell Presser, partner and head of the U.S. M&A practice at Freshfields Bruckhaus Deringer. “But in order to grow, you need new markets, and acquisition is an effective way of growing markets outside the U.S.”
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