With record-breaking M&A volume pushing past the $5 trillion mark in 2015, it’s no surprise that deal-hungry Am Law 100 firms wasted little time scooping up market share to start 2016.
As previously reported here, Skadden, Arps, Slate, Meagher & Flom had a record- breaking year, advising on more than $1 trillion worth of deals. Corporate Counsel, a sibling publication, noted earlier this week that Skadden’s 20 percent market share took first prize for legal advisers, followed by Cravath, Swaine & Moore and Wachtell, Lipton, Rosen & Katz, respectively. The Financial Times also cited Dealogic data in its own story on the deal dominance of New York-based firms over their global brethren.
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