The Megadeal Era Isn’t a Tide Lifting All Boats—Here’s Who Is Benefitting Most
By Patrick Smith
Meredith Frank, Managing Partner at CenterPeak, delivers critical analysis on the intensifying concentration of mega M&A deals reshaping BigLaw's competitive landscape. Her insights reveal how elite law firms are becoming increasingly dominant in securing the most profitable transactional work, creating unprecedented challenges for mid-tier firms to compete for high-value mandates. Her expertise highlights how this concentration creates a two-tiered market where firms like Kirkland & Ellis, Latham & Watkins, and Wachtell Lipton command premium rates and attract top talent, while other firms must strategically position themselves to compete for the remaining deal flow in an increasingly polarized marketplace.
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