Wachtell, Lipton, Rosen & Katz and Baker McKenzie were the top mergers and acquisitions (M&A) legal advisers in the automotive sector in 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData.

Based on its Financial Deals Database, the leading data and analytics company has revealed that Wachtell, Lipton, Rosen & Katz achieved its leading position in terms of value by advising on $10.8 billion worth of deals. Meanwhile, Baker McKenzie led in volume terms by advising on a total of 14 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Baker McKenzie was among the only three advisers with double-digit deal volume in 2022. Apart from leading by volume, it also managed to occupy the sixth position by value. Meanwhile, Wachtell, Lipton, Rosen & Katz emerged as the only firm to surpass the $10 billion mark in total deal value. However, it did not feature among the top 10 advisers by volume.”

An analysis of GlobalData’s Financial Deals Database reveals that Paul, Weiss, Rifkind, Wharton & Garrison occupied the second position in terms of value, by advising on $9.5 billion worth of deals, followed by Latham & Watkins with $7.7 billion, AZB & Partners with $7.2 billion, and Mayer Brown with $3.8 billion.

Meanwhile, CMS occupied the second position in terms of volume with 13 deals, followed by Kirkland & Ellis with 10 deals, AZB & Partners with seven deals, and Latham & Watkins with six deals.