Wake Up Call: 1st-Quarter M&A Deals Jump to $1.3 Trillion (1)

April 5, 2021, 12:29 PM UTCUpdated: April 5, 2021, 2:45 PM UTC

In today’s column, in-house leaders are moving to law firms in a possible reflection of the pandemic’s impact on corporate stability; Mayer Brown’s decision to match the Davis Polk standard for special bonuses caused some confusion; Amazon.com is adding several former federal lawyers as the company faces antitrust scrutiny.

  • Leading off, global dealmaking surged 94% year-over-year to reach $1.3 trillion in 2021’s first quarter, the third consecutive quarter to surpass $1 trillion, according to Refinitiv Deals Intelligence. Bloomberg News reported last week that Citigroup Inc. jumped six spots in the rankings to become the busiest IPO arranger globally in ...

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