CDT Roundup: 18 Deals, 12 Firms, 140 Lawyers, $6.6B

Is business getting back to normal? For law firms, maybe so. This week we’re reporting 18 transactions worth about $6.6 billion. That includes 7 M&A deals worth $1.9 billion and 11 cap market transactions worth $4.4 billion, with the work spread over 12 unique firms with billing from 140 Texas lawyers. Last week’s 14 transactions worth $4.99 billion. A year ago, the numbers were 16 for $10 billion. We’ve been keep track of the deals we report on since August 2017. The average number of deals we’ve reported each week over those three years is 13.7. The average total value is about $8.1 billion. So this week’s deals are both more and less normal. Willkie Farr & Gallagher partner Michael De Voe Piazza thinks it’s a trend worth noting. He’s on a few deals in the last two weeks and says that even energy seems to be rising from the dead. “On the non-energy side, there has been a marked increase in activity across a variety of sectors, and I would expect that to continue through the remainder of 2020,” Piazza said via email. “On the energy side, I think that the business has picked up quite a bit over…