Australian and Indian firms made up half of the top 10 legal advisers for mergers and acquisitions in 2018 in the Asia Pacific, excluding Japan, while only two U.S. firms ranked in the top 10, according to data compiled by Mergermarket.

King & Wood Mallesons, Herbert Smith Freehills and Allens took the top three spots by deal volume while India’s Shardul Amarchand Mangaldas & Co and AZB & Partners were eighth and ninth, respectively.

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