The US IPO market produced its busiest quarter in over two decades, with 100 IPOs raising $39.2 billion. Healthcare once again led deal flow with a mix of biotechs and health services providers, while the tech sector produced the most proceeds, boosted by several unicorns. With every IPO requiring at least two legal firms, one for issuers and one for underwriters (and some hiring as many as five), the 1Q21 saw 275 legal engagements (997 including SPACs) with 122 law firms.
View our Report on The Most Active Legal Firms of the 1Q21 IPO Market
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