Law Firms Specializing in M&A: Setback

 In this volatile global economy driven by uncertainty in trade policies, things can change on a dime. And that they have. 

In its annual World Investment Report the UN trade and development unit - UNCTAD - notes trade tensions are generating higher risk, lower growth and lower investment. Hit hard has been M&A. That market is described as "moving back to global financial crisis levels."

In particular, the report states:

"Cross-border mergers and acquisitions remained below the long-term average, 'signalling a structural shift toward domestic and nearshore investment strategies amid rising policy risks, regulatory scrutiny and global uncertainty ...'"

The shrunken M&A market can be disappointing news for law firms which have built signature dealmaking practices. They range from Kirkland & Ellis to Paul Weiss. Most of those firms operate globally.

UPDATE:

A counter trend has been dealmaking driven by riding the AI wave. Here are details from Yahoo Finance.

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