GlobalData, a leading data and analytics company, has revealed its league tables for top 10 legal advisers by value and volume in Asia-Pacific for H1 2021 in its report, ‘Global and Middle East & Africa M&A Report Legal Adviser League Tables H1 2021’.
According to GlobalData’s M&A report, a total of 537 M&A deals were announced in the region during H1 2021. The deal value declined by 1.8% from $57bn in H1 2020 to $56bn in H1 2021 in the region.
Top Advisers by Value and Volume
White & Case has emerged as the top legal adviser for mergers and acquisitions (M&A) deals in the Middle East & Africa for H1 2021 in both value and volume terms, having advised on 16 deals worth $18.9bn.
GlobalData lead analyst Aurojyoti Bose said: “White & Case was the only advisor that managed to surpass the $10bn mark while also having double-digit deal volume, thereby outpacing its peers by a great margin. The firm advised on three deals valued more than or equal to $1bn, which also included a megadeal (valued more than or equal to $10bn).”
Latham & Watkins occupied the second position in terms of value with seven deals worth $9.1bn, followed by Meitar Liquornik Geva & Leshem Brandwein with six deals worth $5.8bn, Herbert Smith Freehills with four deals worth $4.1bn and Gorrissen Federspiel with one deal worth $4.1bn.
Allen & Overy occupied the second position in terms of volume with eight deals worth $1.6bn, followed by Latham & Watkins and Meitar Liquornik Geva & Leshem Brandwein. Clifford Chance occupied the sixth position by volume with six deals worth $3.6bn.
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 from leading advisers, through adviser submission forms on GlobalData’s website.