Clifford Chance has overcome the continued slowdown in the M&A markets to dominate Mergermarket’s global, European and U.K. rankings by value for the first half of 2012.

The Magic Circle firm took the top spot globally by value ahead of Freshfields Bruckhaus Deringer and Skadden Arps Slate Meagher & Flom with roles on 102 deals worth a total of $143.4 billion (£91.8 billion).

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