Smaller, fewer and slower deals seems to be the consensus among both in-house and Big Law attorneys when it comes to what’s ahead for M&A in 2023.
Attorneys cited macroeconomic factors such as political instability in Europe, China’s restrictive COVID lockdowns, rising inflation, high interest rates, and general uncertainty as to what economic conditions will be in 2023 as drivers behind what will likely be a challenging period overall for M&A work, although certain verticals may weather the storm better than others.
