Welcome to Compliance Hot Spots, our weekly snapshot on white-collar, regulatory and compliance news and trends. We were promised a slow mid-August news week at DOJ … how’d that work out? Today in non-West Palm Beach club news, we examine why firms are increasingly complementing regulatory and M&A work. Plus, the SEC’s impending climate rule is leading to lots of ESG business. Please get in touch with tips and feedback. Contact me at [email protected] and @AGoudsward on Twitter.
Law Firms Lean on Regulatory Work as M&A Activity Slows
Corporate transactions were the lifeblood of major law firms last year, leading to tremendous financial growth for many. But as law firms prepare for a potential economic downturn that may impact deal flow, those with solid regulations practices are upbeat about their ability to retain mergers and acquisitions clients and work, my colleague Bruce Love reports.