GlobalData, a leading data and analytics company, has revealed its league tables for top 10 legal advisers by value and volume in South & Central America for in its report, ‘Global and South & Central America M&A Report Legal Adviser League Tables Q1-Q3 2020′.
According to GlobalData’s M&A report, a total of 693 M&A deals were announced in the region in Q1–Q3 2020, representing a 30% decrease over the 990 deals announced during the same period in 2019. Deal value also decreased by 45.7% from $65bn in Q1-Q3 2019 to $35bn in Q1-Q3 2020
White & Case tops by value and CMS by volume
As per GlobalData’s ranking, White & Case won first in GlobalData’s ranking of deal value by advising on six deals worth $2.6bn – the highest value among all advisers.
Baker McKenzie occupied the second position by value with eight deals worth $2.1bn followed by Pinheiro Neto Advogados with eight deals worth $2bn and Brigard & Urrutia with two deals worth $1.6bn.
Veirano Advogados leads by volume
Meanwhile, Veirano Advogados led in terms of volume having advised on 22 deals worth $846.1m.
Baptista Luz Advogados occupied the second spot by volume with ten deals worth $4.3m, followed by Baker McKenzie with eight deals worth $2.1bn.
GlobalData financial deals analyst Aurojyoti Bose said: “Veirano Advogados, despite being the only adviser that managed to advise on more than 20 deals, lagged behind many of its peers in terms of deal value. It did not only lose the top position by value to White & Case but also failed to make it to the list of top ten advisors by value due to involvement in low-value transactions.”
On the other hand, White & Case, which advised on even less than one-third of the number of deals advised by Veirano Advogados, managed to secure the top spot by value. Veirano Advogados advised on only one deal worth more than $100m deal.
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