Goodwin was named among the elite secondaries firms in the world by Secondaries Investor’s 2025 Law Firm Survey. Now in its ninth year, the annual survey provides a snapshot of law firm secondary market activity by volume, deal count, and strategy.
Goodwin was noted for advising on over 100 secondary transactions globally and was credited with advising on deals with a combined value of more than $25 billion over the past year, as Secondaries Investor noted the firm’s work on “nine single-asset deals totaling $3.1 billion, 12 preferred equity deals worth $4.4 billion, as well as 13 NAV facilities worth an aggregate $3.3 billion.” These figures represent a 67% increase in the number of transactions and an almost 40% increase in transaction value over the results from the 2024 Law Firm Survey.
Goodwin’s Secondaries practice provides clients – sponsors, buyers, and sellers – with legal advice in connection with all types of secondaries transactions, ranging from LP portfolio sales to the most complex GP-led restructurings, GP stakes transactions, and structured financing solutions across the US, Europe, and Asia. Goodwin’s global team of Secondaries lawyers collaborates across the firm’s award-winning investment funds, transactional, and finance practices to provide advice tailored to client needs, drawing on the firm’s bench of tax and regulatory specialists to help land on the right structure.
Goodwin’s leadership in private equity, credit, healthcare, infrastructure, real estate, and venture capital allows the firm’s Secondaries lawyers to provide cutting-edge legal and practical secondaries advice to clients. With decades of experience across these asset classes, Goodwin has developed longstanding, deep relationships with some of the most active sellers, investors, and intermediaries. These relationships provide the firm with market insights and a detailed understanding of portfolio management requirements, liquidity needs, and key issues that may arise for fund managers and their limited partners.