Bookrunners: stop the ‘strut’

Author: Danielle Myles | Published: 15 Apr 2011

Private practice lawyers must reassess how they manage multiple bookrunner-deals, warned a bankers’ counsel at IFLR’s European Capital Markets forum yesterday.

The recent proliferation of large syndicates has not resulted in more junior syndicate members, but more bookrunners. External lawyers should query what their added value is for...