Paul Weiss Rifkind Wharton & Garrison has jumped to second place in Europe’s M&A legal adviser rankings of the first nine months of the year, as U.S.-based law firms continue to make headway in the U.K. and European markets.

Paul Weiss, coming in behind only elite U.K. firm Freshfields Bruckhaus Deringer, worked on a total of 23 deals an overall value of $84 billion for the first nine months of the year, translating in 14.2 % of total market share.