Biglaw Valuation Takes A Tumble. Thanks, Interest Rate Hike.

Biglaw Valuation Takes A Tumble. Thanks, Interest Rate Hike.

Biglaw Valuation Takes A Tumble. Thanks, Interest Rate Hike.

Biglaw Valuation Takes A Tumble. Thanks, Interest Rate Hike.
Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to a financial valuation of the Am Law 100, by what percentage did the valuations drop since November 2021?
Hint: Rising interest rates drive up cost of debt and equity. Equity costs are used in the model to calculate the value of a firm‘s future cash flows.
See the answer on the next page.
Biglaw Valuation Takes A Tumble. Thanks, Interest Rate Hike.
Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to a financial valuation of the Am Law 100, by what percentage did the valuations drop since November 2021?
Hint: Rising interest rates drive up cost of debt and equity. Equity costs are used in the model to calculate the value of a firm‘s future cash flows.
See the answer on the next page.

Source:https://abovethelaw.com/2022/07/biglaw-valuation-takes-a-tumble-thanks-interest-rate-hike/

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