After seeing a spike in activity earlier this year, the market for initial public offerings had quieted down by late summer amid uncertainty about the broader global economy. Now, a flurry of year-end IPOs are coming to market in Asia and the United States—and corporate lawyers at large firms are reaping the benefits.
The late surge notwithstanding, the overall number of publicly listed companies in the U.S. is in decline, a fact that has some firms asking that the SEC alter its regulations in order to spur more IPOs, according to this recent op-ed from The Deal by two Sullivan & Worcester lawyers.
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