In a tough dealmaking environment, the counsel of a law firm seems more crucial than ever. Getting comfortable with the level of risk is among the many issues Michael Patrone, a partner in global law firm Goodwin’s technology, life sciences and private equity business units, helps dealmakers with. “We’re seeing a lot more work being done and downside protection strategy pre-signing than historically, in light of recent volatility,” New York-based Patrone told PE Hub. Goodwin is keeping busy with take-private deals in particular. “Technology, health services and health tech will continue to be quite busy in terms of take-privates because the valuations in the market aren’t where investors would like to see them,” said Patrone. “I tell people I’m the busiest I’ve been in five to six years, but people aren’t seeing as many deals being announced,” said Patrone. “We’re trying to get there, but it’s taking a lot more time and work.”