There was a time when private equity work was a second-tier concern, something the traditional Wall Street firms would take a pass on in favor of larger—and at the time more lucrative—M&A work that kept the lights on.
Oh, how things have changed.
Facilitated by the innovative lawyers who designed creative tax vehicles, corporate structures and deal incentives as the industry blossomed, private equity has become a cycle of prosperity that has helped push Big Law forward.
March 27, 2020 at 03:46 PM
1 minute read
There was a time when private equity work was a second-tier concern, something the traditional Wall Street firms would take a pass on in favor of larger—and at the time more lucrative—M&A work that kept the lights on.
Oh, how things have changed.
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