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Quality of Knowledge Management (KM) at Elite Transactional Firms

Posted: Fri Oct 15, 2021 9:10 am
by Neff
Do the elite, high-volume M&A/corporate firms like Latham and Kirkland have substantially better KM material (i.e. precedents, forms, market databases, know-how) as compared to your average V50?

Let's say you are drafting a merger agreement with a complex stock-for-stock setup, at many shops you just ask around and pull a precedent from a recent deal someone has done. Do the elite firms have a better/more scientific way of organizing precedents?

Asking primarily about M&A, as we all know the list of elite firms that pump out a ton of great capital markets content (MoFo, Latham, etc).

Re: Quality of Knowledge Management (KM) at Elite Transactional Firms

Posted: Fri Oct 15, 2021 12:05 pm
by Anonymous User
Neff wrote:
Fri Oct 15, 2021 9:10 am
Do the elite, high-volume M&A/corporate firms like Latham and Kirkland have substantially better KM material (i.e. precedents, forms, market databases, know-how) as compared to your average V50?

Let's say you are drafting a merger agreement with a complex stock-for-stock setup, at many shops you just ask around and pull a precedent from a recent deal someone has done. Do the elite firms have a better/more scientific way of organizing precedents?

Asking primarily about M&A, as we all know the list of elite firms that pump out a ton of great capital markets content (MoFo, Latham, etc).
I've only been at one firm in my career (Latham), but at least here, it depends on the group. Generally, I think the firm overall has excellent precedents/KM, but some groups are just better at organizing and marshalling the information for its associates so we don't have to waste as much time searching/picking.