White & Case and Allen & Overy were the top mergers and acquisitions (M&A) legal advisers in the Middle East & Africa region 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 White & Case achieved its leading position in terms of value by advising on $5.3 billion worth of deals. Meanwhile, Allen & Overy led in terms of volume by advising on a total of seven deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “White & Case was among the only two advisers that managed to surpass $5 billion in total deal value during H1 2023. It advised on three deals with disclosed value worth more than $100 million, which also included one billion-dollar deal*.

“Apart from leading by value, White & Case also gave close competition for the top position by volume but missed it by a whisker. It occupied the second position by volume with six deals. Meanwhile, Allen & Overy, which led the chart by volume, occupied the third position by value.”

Latham & Watkins occupied the second position in terms of value, by advising on $5 billion worth of deals, followed by  Allen & Overy with $3.4 billion, Cleary Gottlieb Steen & Hamilton with $2 billion, and Willkie Farr & Gallagher with $1.7 billion.

Meanwhile, Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. occupied the third position in terms of volume with five deals, followed by Erdinast, Ben Nathan, Toledano with four deals, and Latham & Watkins with three deals.

*Valued ≥ $1 billion.