This BigLaw secured the most M&A work in 2016 so far

One international law firm secured nearly twice the number of M&A deals than its closest rival for a market share of nearly 16%.

White & Case has crushed the first three quarters of the year, securing nearly twice the number of M&A deals than its closest rival to advise on deals worth an accumulated US$379.6b.
 
According to Bloomberg’s M&A tables, the international law firm advised on 196 deals in the first three quarters of the year and secured a market share of 15.8%, 4.5 percentage points more than its showing in the prior year.
 
Ranked 2 on the Bloomberg list is Sullivan & Cromwell which secured 108 deals worth US$333.64b for a market share of 13.9%.
 
Meanwhile, though Wachtell Lipton Rosen & Katz advised on only 70 deals, the total value of those deals were US$313.7b which accounted for 13.1% of the whole market for 2016’s first three quarters.
 
At fourth is Davis Polk & Wardwell which advised on 116 M&A deals which were valued at US$297.85b and which accounted for 12.4% of the market.
 
Last year’s first placer, Skadden Arps Slate Meagher & Flom dropped to fifth place as it advised on 160 deals worth US$279.49b. Skadden secured a market share of 11.7%, 7.8 percentage points down from its last showing.
 
According to Bloomberg, White & Case advised on a number of gigantic deals in the first three quarters.
 
It advised Mizuho Securities, the financial adviser to Japanese diversified technology conglomerate Softbank Group which acquired British chip giant ARM Holdings in July.
 
The law firms Cleary Gottlieb Steen & Hamilton, Davis Polk & Wardwell, Freshfields Bruckhaus Deringer, Morrison Foerster and Slaughter and May were also involved in the AU$42.7b deal.
 
The BigLaw firm has more than 1,900 lawyers and posted $1.5b in revenues for the 2015 fiscal year, Bloomberg noted.
 
Meanwhile, at number six is Cravath Swaine & Moore with 11.5% market share after advising on 59 deals valued at US$274.46b.
 
Next is Simpson Thacher & Bartlett which cornered 10.4% market share from 106 deals worth US$250.25b.
 
Cleary Gottlieb Steen & Hamilton advised on 79 deals valued at US$247.63b for a market share of 10.3% to secure eight place.
 
Ninth is Jones Day with a whopping 352 M&A deals. These, however, were worth just US$180b, enough for a market share of 7.5%.
 
Tenth is Kirkland & Ellis with 293 deals worth $178.88b. The full M&A deals table can be seen on Bloomberg.
 

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