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WHAT WE’RE WATCHING

GET THIS SHOW OFF THE ROAD - What if I told you that traveling thousands of miles to conduct an hour-long meeting was actually not very efficient? That’s just one of the mind-blowing revelations that has rocked the corporate world since the pandemic took hold a year ago, and there’s no going back. Take, for example, the cross-country road shows that executives and their counsel used to embark on as a way to market a company’s upcoming IPO. Like everything else, road shows were forced to go virtual during the past year, which condensed the process from two weeks to about four days, Law.com’s Andrew Maloney reports. “That eliminates a week’s worth of market volatility and market risk for the company in the deal,” Nathan Ajiashvili, a Latham & Watkins corporate partner who guided the first virtual IPO road show as lead partner for Zentalis Pharmaceuticals. “In my view, and I’m sure others believe this, the virtual process of how we execute our business is here to stay.”

Law Firms Mentioned

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