GlobalData, a leading data and analytics company, has revealed its league tables for top 10 legal advisers by value and volume in Middle East & Africa region for Q1-Q3 2021 in its report, ‘Global and Middle East Africa M&A Report Legal Adviser League Tables Q1-Q3 2021’.
According to GlobalData’s M&A report, a total of 787 M&A deals were announced in the region during Q1-Q3 2021. The deal value for the region increased by 17.9% from $67bn during Q1-Q3 2020 to $79bn during Q1-Q3 2021.
Top Advisers by Value and Volume
White & Case has emerged as the top mergers and acquisition (M&A) legal adviser in the Middle East & Africa region for Q1-Q3 2021 by value and volume having advised on 21 deals worth $20.2bn, which was the highest value among all the advisers.
GlobalData lead analyst Aurojyoti Bose said: “White & Case emerged as the clear winner as it was the only firm to advise on more than 20 deals and surpass the $20bn mark. The firm advised on four billion-dollar deals (deals more than or equal to $1bn), out of which one was a mega deal valued at more than $10bn.”
Latham & Watkins occupied the second position in terms of value with ten deals worth $10.4bn, followed by Freshfields Bruckhaus Deringer with 13 deals worth $6.4bn and Clifford Chance with ten deals worth $5.1bn. Meysan Partners and Gorrissen Federspiel jointly occupied the fifth position with one deal worth $4.8bn.
Freshfields Bruckhaus Deringer occupied the second position in terms of volume, followed by Latham & Watkins and Clifford Chance. Allen & Overy occupied the fifth position by volume with nine deals worth $2.7bn.
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.