Capital Markets Work Will Be Popping Again... Someday

Lawyers would love to know when this is actually going to happen.

Ed. note: Welcome to our daily feature, Quote of the Day.

Everybody agrees the future is bright. It’s just—when does that future start?

— Kent Zimmermann, legal management consultant at the Zeughauser Group, in comments given to the American Lawyer on the coming revival of Biglaw capital markets work. After an incredibly successful year in 2021, business in this practice area lagged in 2022, with work slowing to a crawl in 2023.


Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.