In recent times, private equity partners have observed a shift in the predictability of deal flow. Traditionally, the cycle of deal-making followed a consistent pattern throughout the year, allowing legal professionals and dealmakers to anticipate and prepare for new client influxes. According to the article, this predictability peaked around 2018. However, current trends indicate a change, with deals emerging less predictably, prompting law firms to adapt to the evolving landscape. Despite being busy, lawyers can no longer rely on deals arriving in the foreseeable patterns they once did.
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