Lawyers Need to Think Like Trade Policy Advisers

The Merging Roles of Deal Lawyer, Diplomat and Risk Manager 

For decades, mergers & acquisitions (M&A) was a story of valuation models, collaboration and strategic fit. However, in 2025, it’s almost impossible to separate dealmaking from the geopolitics playing out globally. Around the world, government intervention in transactions has increased not only in defense and technology but across industries that touch energy, data, infrastructure, and critical resources (from oil and gas to rare earths). Tariffs, sanctions and foreign investment reviews have become as central to deal execution as antitrust clearance. And these pressures look like they’ll be around for a while.

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