M&A Science

M&A Lawyers vs. Bankers: What's Changed and What Still Matters with Rob Kindler


Listen Later

Rob Kindler, Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

In this episode of the M&A Science podcast, Kison Patel sits down with Rob Kindler, a uniquely positioned dealmaker whose career has spanned both sides of the M&A table—law and investment banking. Rob previously led global M&A at Morgan Stanley and is now a senior partner at Paul Weiss. With 44 years of experience, he's seen firsthand how the roles of lawyers and bankers have evolved, what makes a deal succeed or fail, and how today's regulatory, activist, and valuation pressures are reshaping M&A execution.

Things you will learn:

  • Why legal advisors are now the first call in M&A, not the last

  • How corporate development teams have replaced bankers in early-stage deal sourcing

  • Why regulatory strategy and shareholder approval planning can make or break a deal

  • How to negotiate effectively by predicting "the end of the movie"

________________________

Sponsored by DealRoom—where M&A chaos meets its match. Still stuck in spreadsheet hell? DealRoom helps corporate development teams take control—streamlining diligence, syncing integration, and eliminating the back-and-forth. 👉 Learn how you can run a repeatable, buyer-led process ________________________

Episode Chapters

[00:01:00] Rob's career arc from lawyer to banker and back again

[00:04:30] Why Rob left law for investment banking in 2000

[00:06:00] How corporate dev teams changed the role of bankers

[00:11:30] Structuring deals to avoid shareholder approval pitfalls

[00:14:30] The rise of activism and merger arbitrage in public M&A

[00:16:00] How buyer-led M&A has transformed deal strategy

[00:22:30] Impact of regulatory regimes in U.S. vs. Europe

[00:27:00] Lessons in negotiation and predicting deal dynamics

[00:36:00] Why intrinsic value matters more than financial engineering

[00:48:30] What top CEOs understand about using M&A to drive strategy [00:51:00] How to spot a bad deal—and the red flags bankers sometimes ignore

[00:53:00] Rob's funniest moment: 300 pounds of turnips on a conference table

Questions, comments, concerns?Follow Kison Patel for behind-the-scenes insights on modern M&A.

...more
View all episodesView all episodes
Download on the App Store

M&A ScienceBy Kison Patel

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

129 ratings


More shows like M&A Science

View all
Exchanges by Goldman Sachs

Exchanges

957 Listeners

Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

404 Listeners

Masters in Business by Bloomberg

Masters in Business

2,174 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

791 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,043 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

173 Listeners

Making Sense by J.P. Morgan

Making Sense

62 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,302 Listeners

Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

Dry Powder: The Private Equity Podcast

144 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

455 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

350 Listeners

The Markets by Goldman Sachs

The Markets

79 Listeners

The View From Apollo by Apollo Global Management

The View From Apollo

27 Listeners

The Wall Street Skinny by Kristen and Jen

The Wall Street Skinny

218 Listeners

The Credit Edge by Bloomberg Intelligence by Bloomberg

The Credit Edge by Bloomberg Intelligence

33 Listeners