Government reforms aimed at attracting investment to post-Brexit Britain are set to come into force in 2024, and regulatory lawyers say they will help to revitalize the London market if macroeconomic headwinds begin to subside. Some lawyers in mergers and acquisitions believe that the market is over the worst fears of recession and high credit costs, with a resurgence in deal-making in 2024 a distinct possibility after the drought in 2023. "We need stability on inflation, interest rates and the situation in the Middle East and Ukraine to see that window open," Ariel White-Tsimikalis, a Technology and Life Sciences partner, said to Law360. "We're undoubtedly seeing some businesses that are struggling with cash liquidity and that in itself will create deals, whether it is businesses looking to restructure or to sell off non-core assets or parts of their business, or buyers just seeing a great opportunity to get an asset with growth potential at a lower value," Gemma Roberts, a Private Equity partner, said.