Mega-merger activity in New Jersey took a beating in 2001, but local deal-making lawyers aren’t bothered by the falloff because most of that work is done by out-of-state firms.
Sure, corporate transactional work was down in 2001, but the downturn was nowhere near the magnitude of the 80 percent drop reflected in Thomson Financial/Securities Data Corp.’s index of the largest deals involving New Jersey corporations.
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