Simpson Thacher & Bartlett and Kirkland & Ellis secured the top spots by value and volume in 2022, respectively, on the latest Legal Advisers League Table by GlobalData, which ranks legal advisers by the respective value and volume of mergers and acquisition (M&A) deals on which they advised.

Based on its Financial Deals Database, the leading data and analytics company has revealed that Simpson Thacher & Bartlett achieved its leading position in the deal value rankings by advising on deals worth $413 billion. Meanwhile, Kirkland & Ellis led in terms of volume by advising on a total of 768 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Simpson Thacher & Bartlett and Kirkland & Ellis emerged as clear winners, despite suffering a decline in their respective deal value and volume.

“Simpson Thacher & Bartlett was the only adviser that managed to surpass $400 billion in total deal value in 2022. The firm managed to advise on 10 mega deals valued more than $10 billion amid volatile market conditions. Meanwhile, Kirkland & Ellis was the only firm to advise on more than 700 deals.”

An analysis of GlobalData’s Financial Deals Database reveals that Skadden, Arps, Slate, Meagher & Flom occupied the second position in term of value, by advising on $ 341 billion worth of deals; followed by Wachtell, Lipton, Rosen & Katz with $336 billion; Latham & Watkins with $307 billion; and White & Case with $300 billion.

Meanwhile, Latham & Watkins occupied the second position in volume terms by advising on 480 deals; followed by Wilson Sonsini Goodrich & Rosati with 458 deals; CMS with 394 deals; and White & Case with 390 deals.