December 27, 2006

A Boom Year for Mergers and a Furious Pace for Law Firms

On Friday, the NY Times ran this article about how busy law firms were doing deals this year. It notes the impact this has had on associate bonuses and quotes one partner on how he recently had to do his first all-nighter. Geez, I did all-nighters pretty regularly when I was at my law firms (and even do them occasionally in this job). My favorite quote was from Peter Lyons: “If you’re an M.& A. lawyer and you’re not busy now, it’s time to find something else to do for a living.”