AZB & Partners and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the financial services sector in 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData.
Based on its Financial Deals Database, the leading data and analytics company has revealed that AZB & Partners achieved its leading position in terms of value by advising on $69.8 billion worth of deals. Meanwhile, Kirkland & Ellis led in volume terms by advising on a total of 62 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The total value of deals advised by AZB & Partners jumped by a massive 317.2% in 2022 compared to the previous year. Resultantly, its ranking by value also improved significantly. Meanwhile, Kirkland & Ellis, despite witnessing decline in deals volume in 2022 compared to 2021, managed to retain its leadership position by this metric.”
An analysis of GlobalData’s Financial Deals Database reveals that Cravath Swaine & Moore occupied the second position in terms of value, by advising on $65.3 billion worth of deals, followed by Argus Partners with $58.8 billion while Singhi & Co and Wadia Ghandy jointly occupied the fourth position by advising on deals worth $58.5 billion each.
Meanwhile, Alston & Bird occupied the second position in terms of volume with 53 deals, followed by White & Case with 42 deals, Allen & Overy with 39 deals, and Willkie Farr & Gallagher with 34 deals.