Fried, Frank, Harris, Shriver & Jacobson and Kirkland & Ellis have been identified as the top M&A legal advisers in the construction sector in Q1 2022 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Fried, Frank, Harris, Shriver & Jacobson achieved the top ranking by value by advising on $16 billion worth of M&A deals. Meanwhile, Kirkland & Ellis led by volume, having advised on a total of 10 deals.

According to GlobalData’s report, ‘Global and Construction M&A Report Legal Adviser League Tables Q1 2022’, a total of 1,048 M&A deals worth $91.4 billion were announced in the sector during Q1 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Kirkland & Ellis was the only adviser to register a double-digit deal volume during Q1 2022. Moreover, its involvement in three billion-dollar deals* helped it to occupy the sixth position by value.

“Meanwhile, Fried, Frank, Harris, Shriver & Jacobson advised on four billion-dollar deals* that also included one deal valued more than $5 billion. The firm, apart from leading by value, also occupied the fifth position by volume.”

An analysis of GlobalData’s Financial Deals Database reveals other high rankers by value included Simpson Thacher & Bartlett, with deals worth $13.8 billion; Alston & Bird, with $11.3 billion; Hunton Andrews Kurth, with $11 billion; and McDermott Will & Emery, with $11 billion. By volume, Clifford Chance occupied the second position, with six deals; followed by Baker McKenzie, with five deals; CMS, with five deals; and Fried, Frank, Harris, Shriver & Jacobson with four deals.

*Valued more than or equal to $1 billion.