Freshfields Bruckhaus Deringer and CMS were the top M&A legal advisers in Europe in Q1-Q3 2023, according to GlobalData’s ranking of leading M&A advisers.

Freshfields Bruckhaus Deringer topped the charts when measuring the value of deals, advising on $49.7bn worth of deals during the period, while CMS advised on the most transactions with a total of 166 deals.

“CMS was the top adviser by volume during Q1-Q3 2022 and was able to retain its leadership position by this metric during Q1-Q3 2023 as well. It was the only adviser with triple-digit deal volume during Q1-Q3 2023,” said GlobalData lead analyst Aurojyoti Bose.

“Meanwhile, Freshfields Bruckhaus Deringer fell short of only around $300m from touching the $50bn mark in total deal value during Q1-Q3 2023. It advised on nine billion-dollar deals [valued at or above $1bn] during Q1-Q3 2023 that also included one mega deal valued more than $10bn. Involvement in such big-ticket deals helped Freshfields Bruckhaus Deringer top the chart by value.”

An analysis of GlobalData’s Financial Deals Database reveals that Allen & Overy came second in terms of value, by advising on $37.6bn worth of deals, followed by Kirkland & Ellis with $35.1bn, Linklaters with $27.7bn, and Latham & Watkins with $24bn.

Measured by number of transactions, White & Case occupied second place with 98 deals, followed by Allen & Overy with 87 deals, Baker McKenzie with 83 deals, and Clifford Chance with 60 deals.

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.

Company Profile – free sample

Thank you!

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 form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

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 ensure further robustness to the data, the company also seeks submissions of deals from leading advisers.