In the first quarter of 2024, the IPO market's green shoots grew further, with 30 IPOs raising a combined $7.8 billion. While deal count was in line with the 1Q23, proceeds more than tripled, thanks to the continued return of larger offerings. Fifteen US IPOs raised $100 million or more and included two billion-dollar deals, and a rally in returns in March brought the beginnings of a 2024 tech IPO revival. With every IPO needing at least two law firms, one each for issuers and underwriters (and some with as many as five), there were 90 legal engagements with 57 law firms, or 107 engagements with 61 firms including SPACs.
View our Report on The Most Active Law Firms of the 1Q24 IPO Market
To read the entire report, sign up for a free trial of IPO Pro, the platform that gives you all of the IPO information you need, all in one place.
Read Renaissance Capital's other quarterly publications:
