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While the legal counsel and appraiser conversion rankings in 2017 featured dominant firms, the deal manager ranking was distributed more evenly.
Counsels
Luse Gorman PC was the legal counsel in eight of the nine mutual bank conversions, including all five of the standard deals. Last year, Luse Gorman topped the field in terms of number of deals but was second in gross proceeds raised.
Locke Lord LLP served on Bronx, N.Y.-based PDL Community Bancorp (MHC)'s mutual holding company transaction, which raised $83.1 million in gross proceeds. The firm is a newcomer to the list, although...