GlobalData, a leading data and analytics company, has revealed its league tables for top 10 legal advisers by value and volume in construction sector for Q1 2021 in its report, ‘Global and Construction M&A Report Legal Adviser League tables Q1 2021’.
According to GlobalData’s M&A report, a total of 935 mergers and acquisitions (M&A) deals were announced in the sector during Q1 2021, while deal value for the sector increased by 3.2% from $93bn in Q1 2020 to $96bn in Q1 2021.
Top Advisers by Value and Volume
Kirkland & Ellis was the top legal adviser for M&A by both value and volume in the construction sector for Q1 2021. It advised on 15 deals worth $13.7bn.
GlobalData lead analyst Ravi Tokala said: “Kirkland & Ellis, being the only firm to advise on more than ten deals and surpass the $13bn mark, emerged as the clear winner. The firm managed to advise on five billion-dollar deals (deals worth greater than or equal to $1bn), among 13 such deals recorded in the construction sector during Q1 2021.”
Goodwin Procter occupied the second position by value with three deals worth $10.1bn, followed by Latham & Watkins with six deals worth $8.1bn and Goodmans with one deal worth $5.9bn.
Vinge occupied the second position by volume with seven deals worth $1.8bn, followed by CMS with seven deals worth $1.3bn and Clifford Chance with seven deals worth $404m.
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.