Weil, Gotshal & Manges and Fasken Martineau DuMoulin were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector during the first half (H1) of 2023 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that Weil, Gotshal & Manges achieved its leading position in terms of value by advising on $20.4 billion worth of deals. Meanwhile, Fasken Martineau DuMoulin led in terms of volume by advising on a total of 12 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Fasken Martineau DuMoulin was among the only two firms with double-digit deal volume in H1 2023. However, despite leading by volume, it lagged in terms of value and did not feature among the top 10 by value.”

“Meanwhile, Weil, Gotshal & Manges, despite advising on less than half the number of deals advised by Fasken Martineau DuMoulin, managed to top the chart by value due to involvement in big-tickets. Weil, Gotshal & Manges advised on a $19 billion deal, which helped it lead by value.”\n

Herbert Smith Freehills and White & Case jointly occupied the second position in terms of value, by advising on $19.1 billion worth of deals each.

Meanwhile, Cassels Brock & Blackwell occupied the second position in terms of volume with 10 deals, followed by Allens with six deals, Bennett Jones with five deals, and Weil, Gotshal & Manges with four deals.