Freshfields Bruckhaus Deringer and White & Case were the top mergers and acquisitions (M&A) legal advisers in the Middle East & Africa region in 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value and volume of M&A deals on which they advised.

Based on its Financial Deals Database, the leading data and analytics company reveals that Freshfields Bruckhaus Deringer achieved its leading position in terms of value by advising on $18.8 billion worth of deals. Meanwhile, White & Case led in terms of volume by advising on a total of 29 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “White & Case was the clear winner by volume as it was the only adviser to advise on more than 20 deals during 2022 and was shy of touching the 30-deal volume mark by only one deal.

“In contrast, although Freshfields Bruckhaus Deringer managed to lead by value, it faced stiff competition from Linklaters, which missed the top spot by a whisker.”

An analysis of GlobalData’s Financial Deals Database reveals that Linklaters occupied the second position in terms of value, by advising on $18.7 billion worth of deals; followed by Cleary Gottlieb Steen & Hamilton with $14.6 billion; Latham & Watkins with $12.6 billion; and White & Case with $8.1 billion.

Meanwhile, Allen & Overy occupied the second position in terms of volume with 17 deals; followed by Erdinast, Ben Nathan, Toledano with 16 deals; Latham & Watkins with 13 deals; and Freshfields Bruckhaus Deringer with 11 deals.