McCarthy Tetrault and Cassels Brock & Blackwell were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector during 2024 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 Deals Database has revealed that McCarthy Tetrault achieved the leading position in terms of value by advising on $14.1 billion worth of deals. Meanwhile, Cassels Brock & Blackwell led in terms of volume by advising on a total of 25 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Cassels Brock & Blackwell, which was the third leading adviser by volume in 2023, occupied the top spot by this metric in 2024.  Notably, the rankings for the top three advisers by volume in 2023 were reversed in 2024. In addition to leading by volume, Cassels Brock & Blackwell also secured the ninth spot by value for the year.”

“Meanwhile, McCarthy Tetrault, which led by value in 2023, successfully retained its top position in 2024. The firm also secured third place in terms of volume for the year.”

Davis Polk & Wardwell occupied the second position in terms of value, by advising on $12.3 billion worth of deals, followed by Gibson, Dunn & Crutcher with $10.9 billion, Paul, Weiss, Rifkind, Wharton & Garrison with $9.9 billion and Cravath Swaine & Moore with $9 billion.

Meanwhile, Fasken Martineau DuMoulin occupied the second position in terms of volume with 23 deals, followed by McCarthy Tetrault with 20 deals, Blake Cassels & Graydon with 19 deals and Bennett Jones with 13 deals.