Wall Street Law Firms Staff Up for M&A ‘Tsunami': New York Brief

In this issue: Transactional law is having a moment, Judge Jenny Rivera’s term is expiring, and Jay Clayton’s next job hangs in the balance.

Firms Target Dealmakers in Hot M&A Market

It’s a good time to be a top transactional lawyer.

A year after firms doubled down on safe, “recession-proof” litigation practices, they’re riding Wall Street highs and staffing up on dealmakers, Bloomberg Law’s Leading Law Firms survey shows. Banking and finance was the top sector surveyed firms said they were targeting for growth.

That was followed by technology and energy, two areas linked to the national data ...