US law firms take top slots in global M&A value rankings; Linklaters falls to 18th place, but tops volume list

Wall Street has trumped UK rivals to top the global M&A rankings by value for the first quarter of 2009.

Rankings compiled by Mergermarket show Skadden Arps Slate Meagher & Flom heading the global value table – working on 28 deals worth $169bn (£113bn).