In an online article entitled "Banking on buyouts," Philip Richter, a corporate partner at Fried, Frank, Harris, Shriver & Jacobson LLP, said "[the firm]had a busy year in 2004, but [he] expects 2005 to be busier still, 'judging from the volume of work that I have seen over the past two months,' .... The weakness of the dollar will be a key factor. The most attractive targets, he says will be U.S. companies with significant overseas operations earning revenue in non-U.S. currencies. He also expects an increase in buyouts of publicly traded companies by cash-flush private equity firms. .... Richter frequently represents Goldman, Sachs & Co. in its capacity as a deal advisor. He is also very active in private equity, his clients include Goldman Sachs Capital Partners and London-based Permira .... 'We have a fairly extensive private equity practice and an M&A practice where we have prominence for years,' concluded Richter, 'This gives us a very unique opportunity.'"