Funding & M&A
Legal tech and legal industry funding rounds, acquisitions, IPOs, valuations, and strategic investments
SEC Grants Exemption to 20-Day Tender Offer Rule for Certain M&A Deals
The SEC has granted exemptive relief from the 20-business-day tender offer minimum for specific transactions. Legal and M&A professionals must note the impacted eligibility criteria.
Legal Tech Ad Spend Splits: Commoditized vs. Competitive Markets, Says New Report
A new FlyTech-LawSites report shows legal tech ad costs diverging, with commoditized product CPLs dropping and competitive segments like personal injury rising sharply.
Ashurst, Perkins Coie Partners Approve $2.8B Transatlantic Merger
Partners at Ashurst and Perkins Coie have approved a $2.8 billion merger set to create a top-20 global law firm by revenue and geographic reach.
UK Judge Orders Review of WilmerHale’s $35M Estate Arbitration Fees
A UK court orders WilmerHale's $35M legal bill to be assessed after rate hikes and limited client updates raise concerns. Details on BigLaw billing risks for GCs.