Bloomberg Law
June 8, 2020, 9:40 AM

Latham Duo Navigate Corporate Debt Surge At Home, Eye Tech IPOs

Roy Strom
Roy Strom

The capital markets practice has been a rare bright spot for some Big Law firms during a global pandemic that’s been a major drag on other lines of firm business.

Blue-chip companies have issued record levels of debt this year, while riskier junk bond sales have surged since the U.S. Federal Reserve pledged to support them in late April. The market for initial public offerings is coming back from a plunge in March and April.

Latham & Watkins’ 450-lawyer capital markets practice saw a 25% bump in revenue in the first quarter this year compared to 2019, according to the ...

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