While Friday’s Brexit vote has likely cast a potential shadow over cross-border M&A activity, a number of timely billion-dollar tie-ups were announced amid the U.K.’s decision to leave the European Union. Following a record-year for M&A in 2015, it remains to be seen how the so-called Brexit fallout will affect corporate dealmaking over the next few months. Many firms both big and small remain hopeful that any M&A doldrums may be short-lived and that other areas of legal work, such as the regulatory arena, will see an uptick in coveted client assignments.
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