Kirkland & Ellis was the top mergers and acquisitions (M&A) legal adviser in the oil and gas sector during the first three quarters (Q1-Q3) of 2023 by value as well as volume, 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 Kirkland & Ellis achieved this leading position by advising on 40 deals worth $55.5 billion.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Kirkland & Ellis registered an increase in the total number of deals advised by it and the corresponding deal value as well during Q1-Q3 2023 compared to Q1-Q3 2022. Resultantly, its ranking by volume as well as value also improved.”

An analysis of GlobalData’s Financial Deals Database reveals that Vinson & Elkins occupied the second position in terms of value, by advising on $46.3 billion worth of deals, followed by Paul, Weiss, Rifkind, Wharton & Garrison with $27.8 billion, Latham & Watkins with $26.9 billion, and Richards Layton & Finger with $25.9 billion.

Vinson & Elkins also occupied the second position in terms of volume with 32 deals, followed by Latham & Watkins with 19, Gibson, Dunn & Crutcher with 18 deals, and White & Case with 15 deals.