Debevoise Corporate Head Sees Deals Slowing to ‘Healthy’ Level

Debevoise & Plimpton is feeling the effects of a drop in deals activity as a slowing economy crimps transactions though is optimistic a healthy flow remains, the new leader of the firm’s corporate group said in an interview.

“Deal volume has fallen, but it’s important to look at that drop through a longer term perspective,” said Matthew Kaplan, a capital markets attorney who took leadership of the firm’s corporate group this month.

“Volumes are more or less in line with pre-pandemic levels, which in our view were still healthy,” he said. “Our outlook remains optimistic.”

Kaplan, a 25-year veteran of ...