AZB & Partners and Stikeman Elliott have respectively secured the top spots by value and volume in the metals & mining sector in Q1 2022, according to the latest Legal Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that AZB & Partners achieved the top ranking by value by advising on $1.6 billion worth of M&A deals. Meanwhile, Stikeman Elliott led by volume, having advised on a total of three deals.

According to GlobalData’s report, ‘Global and Metals & Mining M&A Report Legal Adviser League Tables Q1 2022’, a total of 306 M&A deals worth $7.7 billion were announced in the sector during Q1 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “While very few advisers managed to reach $1 billion in total deal value, AZB & Partners advised on one deal worth $1.6 billion, thereby topping the chart by value. It also occupied the seventh position by volume.

“Similarly, Stikeman Elliott, apart from leading by volume, also occupied the fourth position by value.”

An analysis of GlobalData’s Financial Deals Database reveals other high rankers by value included Paul Hastings, with deals worth $1.1 billion; Squire Patton Boggs, with $1.1 billion; Stikeman Elliott, with $412 million; and Snell & Wilmer, with $207 million. By volume, Blake, Cassels & Graydon occupied the second position, with three deals; followed by Osler, Hoskin & Harcourt, with two deals; Bennett Jones, with two deals; and Torys with two deals.