Categories:Corporate

Legal fees outstripped by bankers' earnings on public takeovers

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  • Bankers create (and do their best to befuddle execution); lawyers only execute. Why such surprise on the fee differentials?

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  • I suspect if you ask many institutional shareholders about M&A deals brought to the table by bankers, they will disagree with the comment that "Bankers create" (particularly from a shareholder value perspective).

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