Ed.
Note:
Welcome
to
our
daily
feature
Trivia
Question
of
the
Day!
According
to
Bloomberg
Law’s
ranking
of
Biglaw
firms
for
mergers
and
acquisitions
work
through
three
quarters
this
year,
Wachtell,
Lipton,
Rosen
&
Katz
is
currently
ranked
in
what
spot,
falling
down
the
ranking
after
holding
on
to
the
#2
spot
for
the
last
three
years?
Hint:
The
firm
is
an
outlier,
leaning
into
its
narrow
focus
as
the
rest
of
the
industry
has
broadened
their
practice.
Law
firm
adviser
Peter
Zeughauser
said,
“What
may
be
threatening
to
them
is
not
having
relationships
with
new
money.
That’s
what
they
need
to
crack
—
maybe
that’s
through
laterals
or
through
a
more
proactive
relationship
in
the
financial
community.”
See
the
answer
on
the
next
page.