The technology sector has been a bright spot in a chaotic mergers and acquisitions market this year, outperforming others and boosting expectations that the windfall for law firms handling those deals will stretch into 2021.
“Tech is definitely the hottest sector in M&A and I expect this to continue,” said Grace Maral Burnett, Bloomberg Law legal analyst.
Tech industry targets have been at the center of $467.4 billion in deals as of Dec. 1, a 17% increase from all of last year. Those deals accounted for about 12% of the $4 trillion in M&A deals so far this year, compared ...