Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector in 2022 by value and 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 Simpson Thacher & Bartlett achieved its leading position by value by advising on $79.6 billion worth of deals. Meanwhile, Kirkland & Ellis led by volume by advising on a total of 32 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Simpson Thatcher & Bartlett advised on seven billion-dollar deals*, which also included two deals valued more than $10 billion. Resultantly, the total value of deals advised by Simpson Thacher & Bartlett more than doubled in 2022 compared to 2021 and resultantly, and there was also a significant improvement in its ranking by this metric.

“Meanwhile, Kirkland & Ellis, despite suffering setback in terms of volume, managed to retain its top position by this metric in 2022. It also occupied the seventh position by value, whereas Simpson Thatcher & Bartlett occupied the tenth position by volume.”

An analysis of GlobalData’s Financial Deals Database reveals that Fried, Frank, Harris, Shriver & Jacobson occupied the second position in terms of value, by advising on $64.4 billion worth of deals, followed by  Alston & Bird with $44.1 billion, Legance – Avvocati Associati with $39.5 billion, and Gatti Pavesi Bianchi Ludovici with $39.5 billion.

Meanwhile, CMS occupied the second position in terms of volume with 27 deals, followed by Baker McKenzie with 22 deals, Alston & Bird with 18 deals, and Latham & Watkins with 18 deals.

*Deals valued more than or equal to $1 billion