Paul, Weiss, Rifkind, Wharton & Garrison (Paul Weiss) and Fasken Martineau DuMoulin (Fasken) were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector for the Q1-Q3 period of 2022 by deal value and deal 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 has revealed that Paul Weiss achieved its leading position by deal value by advising on $9.8 billion worth of deals. Meanwhile, Fasken led by deal volume by advising on a total of 15 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “As well as coming top of the chart when it comes to total deals advised, Fasken also performed well on the deal value ranking. Of its total 15 deals, six were valued more than $100 million, one of which was valued more than $5 billion. As a result, Fasken managed to occupy second position by value. However, it still had some way to go in comparison with Paul Weiss, which had a total deal value just shy of the $10 billion mark.”

Analysis of GlobalData’s Financial Deals Database reveals that Cassels Brock & Blackwell occupied the third position by value, by advising on $8.4 billion worth of deals; followed by Linklaters, with $6.7 billion; and Webber Wentzel, with $6.7 billion. Meanwhile, Cassels Brock & Blackwell occupied the second position in terms of volume, with 10 deals; followed by Blake Cassels & Graydon, with 10 deals; Osler Hoskin & Harcourt, with four deals; and Bennett Jones, with four deals.

According to GlobalData’s report, ‘Global and Metals & Mining M&A Report Legal Adviser League Tables Q1-Q3 2022’, a total of 975 M&A deals worth $45.8 billion were announced in the sector during Q1-Q3 2022.