Kirkland & Ellis is firmly at the top of the list of M&A legal advisors in the financial services industry in 2024, according to the latest rankings from data and analytics firm GlobalData.

An analysis of GlobalData's deal database shows that Kirkland & Ellis remains at the top of the list, advising on 73 transactions with a combined value of $66.9 billion.

Wachtell, Lipton, Rosen & Katz ranks second in deal value, advising on transactions with a total value of $56 billion.

This was followed by Skadden, Arps, Slate, Meagher & Flom, which advised on $53.7 billion in transactions. Cravath Swaine & Moore and Sullivan & Cromwell also topped the list, with deal values ​​of $44.5 billion and $40.9 billion respectively.

Aurojyoti Bose, principal analyst at GlobalData, said: "Kirkland & Ellis was the top advisory firm by deal volume in 2023. Not only did it maintain its leadership on this metric in 2024, it also led by a wide margin In the same industry.

“At the same time, its value ranking rose from eighth in 2023 to top in 2024 as the total value of deals it advised more than quadrupled.

“In 2024, Kirkland advised on $14 billion in transactions, including two large transactions worth more than $10 billion. Participation in these large transactions helped the Chicago-based law firm realize substantial value jumped and improved the ranking of this metric.”

In terms of number of transactions, Alston & Bird ranked second with 33 transactions. Skadden, Arps, Slate, Meagher & Flom followed with 29 transactions, while White & Case advised on 26 transactions. Allen & Overy rounded out the top five with 22 transactions.

GlobalData's rankings are based on real-time tracking of thousands of corporate websites, consulting firm websites, and other reliable sources available on second-level domains. A dedicated team of analysts monitors all of these sources, gathering in-depth details on each deal, including advisor names.

To ensure further robustness of the data, the company also Seeking trade submissions From key advisors.

"Kirkland & Ellis Named Best Legal Advisor for M&A in Financial Services in 2024" was originally created and published by Retail Banker International, a brand of GlobalData.

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