Simpson Thacher & Bartlett and TriLegal were the top mergers and acquisitions (M&A) legal advisers in the Asia-Pacific region during the first three quarters (Q1-Q3) of 2024 by value and volume, respectively, according to the latest Legal Advisers League Table, which ranks legal advisers by the value and volume of mergers and acquisition (M&A) deals on which they advised, by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that Simpson Thacher & Bartlett achieved its leading position in terms of value by advising on $22.1 billion worth of deals. Meanwhile, TriLegal led in terms of volume by advising on a total of 43 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Simpson Thacher & Bartlett was a clear winner in terms of value, outpacing its peers by a significant margin. It witnessed a significant jump in the total value of deals advised by it during Q1-Q3 2024 compared to Q1-Q3 2023 due to involvement in some big-ticket deals. It advised on five billion-dollar deals* during Q1-Q3 2024.
“The significance of these big-ticket deals can also be understood from the fact that the average value of deals advised by Simpson Thacher & Bartlett, which stood at $258 million during Q1-Q3 2023, reached $2.2 billion during Q1-Q3 2024. Resultantly, its ranking by value also took a big leap from 40th position during Q1-Q3 2023 to the top position during Q1-Q3 2024.
“TriLegal also registered growth in the total number of deals advised by it during Q1-Q3 2024. It went ahead from occupying the 30th position by volume during Q1-Q3 2023 to top the chart by this metric during Q1-Q3 2024.”
Latham & Watkins occupied the second position in terms of value by advising on $8.2 billion worth of deals, followed by Herbert Smith Freehills with $8 billion, Nagashima Ohno & Tsunematsu with $7.8 billion, and King & Wood Mallesons with $6.5 billion.
Meanwhile, AZB & Partners occupied the second position in terms of volume with 31 deals, followed by Khaitan & Co with 21 deals, Herbert Smith Freehills with 16 deals, and Baker McKenzie with 16 deals.
