Posted by James Barry on December 8, 2010 ·
Unlike the “rainmakers” and the deal hungry “power suits” in the lofty corner offices of big corporate law firms, the lower echelons of top tier firms – the overworked, often sleep-deprived articling students and junior associates who do the legal grunt work for big time mergers and acquisition – love it when a deal “craters.” They have racked up plenty of billable (albeit dry) hours [...]