Leading data and analytics company GlobalData has published its league tables for the top ten legal advisers by value and volume in the consumer sector for 2022.
Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis emerged as the sector’s top advisers by value and volume, respectively.
The former company advised on $32bn worth of deals last year, while the latter advised on a total of 48 deals.
GlobalData lead analyst Aurojyoti Bose said: “Both Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis were clear winners by value and volume, respectively.
“Paul, Weiss, Rifkind, Wharton & Garrison was the only advisor to surpass $30bn in total deal value.
“It managed to advise on seven billion-dollar deals, of which four were worth more than $5bn.
“Meanwhile, Kirkland & Ellis fell short of only two deals from hitting the 50 deals volume mark.”
According to GlobalData’s financial deals database, other high rankers by value included Skadden, Arps, Slate, Meagher & Flom in second position with $29.3bn worth of deals.
This was followed by Davis Polk & Wardwell with $29.1bn, Latham & Watkins with $27.3bn, and Cleary Gottlieb Steen & Hamilton with $20.4bn.
In terms of volume, White & Case secured the second place with 36 deals, followed by Latham & Watkins with 35 deals, Jones Day with 31 deals, and Skadden, Arps, Slate, Meagher & Flom with 22 deals.
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain.
A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To improve the reliability of the data, the company also seeks submissions from leading advisers through adviser submission forms on its website.