After some quiet years, the mergers and acquisitions market is growing. But it’s not necessarily the biggest law firms reaping the rewards as outside counsel. A new report from CounselLink, a division of LexisNexis, shows that the “second-largest” firms, those employing between 501 and 750 attorneys, are the ones grabbing up M&A matters.
“There’s more activity, and corporate counsel are dealing with a different set of firms to handle that increase in activity,” Kris Satkunas, principal author of the report and director of strategic consulting at LexisNexis, told CorpCounsel.com. “That’s a pretty important story when you put those two things together.”
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