Leading data and analytics company GlobalData has published its league tables for the top ten legal advisers by value and volume in the retail sector for 2022.
Davis Polk & Wardwell and Kirkland & Ellis emerged as the sector’s top mergers and acquisitions (M&A) advisers by value and volume, respectively.
Davis Polk & Wardwell advised on $3.7bn worth of deals, while Kirkland & Ellis was the adviser for a total of 17 deals.
GlobalData lead analyst Aurojyoti Bose said: “Kirkland & Ellis was among the only three advisors to have double-digit deal volume.
“It also managed to advise on a few big-ticket deals and was just shy of hitting the $2bn mark.
“Kirkland & Ellis advised on five deals valued more than $100m in 2022. Resultantly, it has occupied the sixth position by value.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
“Meanwhile, of the four deals advised by Davis Polk & Wardwell, three were billion-dollar deals, which helped it top the chart by value.”
According to GlobalData’s financial deals database, the other high rankers by value included White & Case in second position, which advised on $3.5bn worth of deals.
This was followed by Cleary Gottlieb Steen & Hamilton with $2.4bn worth of deals, Allen & Overy with $2.2bn, and Clifford Chance with $2.1bn.
In terms of volume, CMS secured the second position with 13 deals, followed by AZB & Partners with 12 deals, Dentons with eight, and White & Case with seven.
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources from the secondary domain.
A dedicated team of analysts monitors these sources to gather in-depth details for each deal, including adviser names.
To increase the reliability of the data, GlobalData also seeks submissions from leading advisers via submission forms on its website.