These Law Firms Gained Millions in the Tech IPO Wave. More's in Store for 2022 | The Recorder - Law.com

What You Need to Know

• Major law firms nabbed IPO work for Robinhood, Rivian and Bumble in 2021.
• After a record-setting year in 2021, the IPO outlook for 2022 remains strong.
• Seven tech IPOs generated about $27.6 million in fees for outside corporate counsel.

Large law firms advising tech companies racked up millions of dollars in some of the largest IPO deals in 2021—one reason why law firm revenue in Silicon Valley continued to soar. And firms are expecting many more big deals in 2022.

A glance at securities filings shows seven large tech IPOs this year generated about $27.6 million in fees for outside corporate counsel. (The list does not include companies that went public via direct listing such as Coinbase and Roblox.)

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source: https://www.law.com/therecorder/2021/12/29/these-law-firms-gained-millions-in-the-tech-ipo-wave-mores-in-store-for-2022/

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