The Megadeal Era Isn’t a Tide Lifting All Boats—Here’s Who Is Benefitting Most
While the total number of mergers and acquisitions (M&A) deals has declined this year, the volume of mega deals has surged. Consequently, more lucrative work is being concentrated in a select group of about 11 elite law firms, which have advised on five or more of the 50 largest deals announced by September 10.