DLA Piper has held onto its position at the top of Mergermarket’s UK volume rankings for 2008.

The transatlantic law firm advised on 114 UK deals worth €7.5bn (£6.7bn) over the year, giving it nearly 30 deals more than its closest competitor. Linklaters was placed second on 85 transactions, with Eversheds, Freshfields Bruckhaus Deringer and Allen & Overy making up the rest of the top five.