Deal prospects: a global lawyer's perspective, with Chris Field of Dechert

Episode notes

With a deal drought across the global private equity industry, we talk to Chris Field of global law firm Dechert about what's next for M&A and buyout deal flow for 2024. We discuss valuations and defensive deal structures as vendors and buyers find ways to come together. Top quote: "I have never worked on an earn-out, ever, that has not resulted in some form of dispute.'" In this Fund Shack podcast with Ross Butler, Chris reveals what it takes to make it as a top private equity lawyer. In this engaging episode of the Fund Shack podcast, ️ Ross Butler interviews Chris Field, a partner at the global law firm Dechert, to discuss the current state of international private equity markets and the intricacies of private equity lawyering. Key Points Discussed: Market Sentiment and Interest Rates: Chris Field highlights the fluctuating sentiment in the private equity market, noting the anticipation of rate cuts and their potential impact on deal-making. He explains how interest rates have become the biggest challenge for private equity firms, affecting deal volume and value.

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