Bloomberg Law
Jan. 12, 2021, 8:05 PM

Tech M&A to Drive Busier 2021 For Deal Lawyers After Tough Year

Meghan Tribe
Meghan Tribe

Despite a slowdown in the first half of the year due to Covid-19, M&A activity bounced back in the latter half of 2020, buoyed by strong performances in the technology and life sciences sectors.

“It definitely was a tale of two halves,” said Luke Bergstrom, global head of M&A at Latham & Watkins.

Global M&A activity reached $3.5 trillion in 2020, a 7.9% decrease from $3.8 trillion in 2019, according to Bloomberg’s end-of-year M&A league table data, a direct result of the decline in deals in the first half the year due to the coronavirus pandemic.

The pandemic accelerated trends ...

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