In the Press
January 23, 2023

Deal Watch: Law Firms Seek Growth with Other Business Drivers (


M&A work in the new year continued in a slow crawl. As tech companies give less business to their lawyers, the law firms that have typically advised Big Tech now appear to be seeking growth in other sectors and practices. Goodwin added a group of partners in Philadelphia who will bring in healthcare and life sciences business, another pillar of the firm’s M&A work. “The healthcare sector remains ripe for consolidation. It always has,” John Jones, one of the partners who made the move to Goodwin, told “I’m willing to put this out there; it is recession-proof.” He added that although there has been a slowdown in deals, supply change disruptions and inflation “will lead healthcare companies to strategically reposition, causing an increase in deal activity in the form of dispositions for some and strategic tuck-ins and platform acquisitions for others.”