Baker McKenzie and Bronstein, Zilberberg, Chueiri & Potenza Advogados were the top mergers and acquisitions (M&A) legal advisers in South & Central America region for the first half (H1) of 2023 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that Baker McKenzie achieved its leading position in terms of value by advising on $2.8 billion worth of deals. Meanwhile, Bronstein, Zilberberg, Chueiri & Potenza Advogados led in terms of volume by advising on a total of 18 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Bronstein, Zilberberg, Chueiri & Potenza Advogados was the clear winner in the terms of volume. It was the only adviser with double-digit deal volume in H1 2023. In fact, it fell short of only two deals from touching 20 deals volume mark.

“However, Bronstein, Zilberberg, Chueiri & Potenza Advogados lagged in terms of value. Meanwhile, Baker McKenzie topped the chart by value despite advising on less number of deals. The involvement in big-ticket deals helped Baker McKenzie top the chart by value. The average size of deals advised by Baker McKenzie in H1 2023 was $472.6 million, whereas it stood at $9.7 million for Bronstein, Zilberberg, Chueiri & Potenza Advogados.”

Davis Polk & Wardwell occupied the second position in terms of value, by advising on $2.5 billion worth of deals, followed by Pinheiro Neto Advogados with $917 million, Cleary Gottlieb Steen & Hamilton with $775 million, and Pinheiro Guimaraes with $749 million.

Meanwhile, Machado Meyer Sendacz e Opice occupied the second position in terms of volume with seven deals, followed by FM/Derraik Advogados with seven deals, Baker McKenzie with six deals, and Pinheiro Neto Advogados with six deals.