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In The American Lawyer, Paul Tropp Examines How Law Firms Are Adjusting to SPAC Boom

Practices: Capital Markets, Special Purpose Acquisition Companies, Finance, Securities & Public Companies, Mergers & Acquisitions, Private Equity

An article in The American Lawyer analyzes how law firms are responding to the boom in special purpose acquisition companies. 

Capital markets partner and co-chair Paul Tropp (New York) notes that Ropes & Gray is focused on training lawyers to handle both SPAC initial public offerings and business combinations. He explains that in a legal profession trending toward specialization, this area favors legal generalists familiar with the needs of a business throughout its lifecycle.

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