The New York Times made a big to-do Sunday over Linklaters taking over the top spot in the Mergermarket deal adviser rankings, with more than $720 billion worth of deals to the firm’s credit. The Magic Circle firm had supplanted Sullivan & Cromwell and Skadden, Arps, Slate, Meagher & Flom, a development that “must come as a blow to the traditional leaders of the law league tables,” the NYT wrote.
Really though, S&C and Skadden have nothing to worry about. S&C finished atop Dealogic’s annual M&A rankings, with Skadden coming in second and Linklaters nowhere to be found in the top ten. Linklaters did finish in the top spot in the other two most-watched league tables–those would be Bloomberg and Thomson Reuters–but the dollar value of the deals was different on each chart; Bloomberg credited Linklaters with advising on $364 billion in deals, Dealogic didn’t list them at all, Thomson Reuters calculated $468 billion for Linklaters, and Mergermarket had the value way up at the aforementioned $720-plus billion.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]