The corporate world may have recovered from its 2009 nadir but M&A, capital markets and private equity remained fragile in 2010. For many firms, the emerging markets remain the only bright spot
As global markets head into their fourth year of uncertainty, it’s becoming clear that a slow gradual recovery is on the cards for much of the world, barring any major shocks. M&A, the traditional bellwether for the modern law firm, is clawing back some respectability after a prolonged period of relative inactivity. Broadly speaking, the consensus is that 2011 will be better than 2010, as 2010 was, in turn, stronger than 2009.
