Have any of you read the book Cold Steel? I feel it should be compulsory reading for any lawyer or law student wanting to make a career in mergers and acquisitions (M&A) and investment law.
Why? If the title doesn’t ring a bell, let me give you the tagline: Lakshmi Mittal and the Multi-Billion Dollar Battle for a Global Empire.
I assume you can now guess what the book is about: Mittal’s hostile takeover or acquisition of Arcelor – the world’s largest steel producer by turnover – and the birth of ArcelorMittal.
We often use the word epic very lightly, but this truly was an epic corporate battle – for control of the global steel market. It was a battle that reached the highest corridors of power in Europe, shook up financial markets worldwide, and changed the global steel industry forever.
And it involved literally thousands of M&A lawyers.
Cold Steel is a great example of how headline-grabbing deals, a global client network, incredible glamour, immense prestige, huge fees can all be part of your life as an M&A lawyer.
And the way India’s M&A market is going, your chances of building this amazing career are higher now than ever,
Who are we looking at?
Which of these are you?
- A fresh law graduate who wants to be a corporate lawyer
- A soon-to-be graduate who is not interested in litigation but wants a job in corporate law
- A litigator who wants to get into corporate law
- An established or senior lawyer looking for an entry into the lucrative M&A or investment law sectors
- A practicing lawyer looking for more international career opportunities
Just know this: should you pursue M&A and investment law as a career, the demand for you is skyrocketing right now.
If I take only 2022 as an example, the excellent showing by India’s M&A market saw it register a 40 percent growth to cross USD 160 billion.
In January 2023, a report by top global management consulting firm Bain & Company stated that India’s record levels of cash and availability of assets helped deal value rise by 139 percent in 2022. In fact, strategic M&A deal volume and value reached all-time highs in India in 2022, while dealmaking dropped off in much of the rest of the world.
Source here
The report also said that even if India’s economy changes course, executives are optimistic about the prospects for deals, and will not pause M&A activities.
All of which means three things:
a) Existing M&A lawyers and investment lawyers are overworked
b) They are expecting a lot more work ahead
c) The market is hiring
And just in case you lost sight of a potential game-changer waiting in the wings, here is a Reuters report from March 2023:
What do you have to do?
What laws do you have to read?
What skills do you have to learn?
What agreements should you learn to draft and negotiate?
We want to answer these questions and much more at our FREE, LIVE, online bootcamp on ‘How to make a career in mergers and acquisitions and investment law’ from May 13-15, 6.00-9.00 pm IST daily.
We will provide you with the exact roadmap you need, the skills you need to learn and how you can learn them, and lots of case studies of our students who have achieved what you want to achieve.
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See you at the game-changing bootcamp then!