Login
Global firms dominate Australian deals
Global firms have outperformed national firms in transactions over the last six months, according to a new report.
Emma Musgrave
To continue reading the rest of this article, please log in.
Create a free account to get unlimited news articles and more!
The new league table from Mergermarket ranked firms by deal count and deal value for the first six months of the year, to determine which firms have been the nation’s most notable legal advisers.
According to the table, global firm King & Wood Mallesons achieved the number one position in both categories, recording a total of 28 transactions and an overall deal value of US$24.15 billion (AU$31.78 billion) during the period.
Herbert Smith Freehills recorded the second-highest number of deals, with 25 transactions in Australia over the six months. This was followed by Allens, with 21 deals.
The highest-ranking national firm was Gilbert + Tobin, which recorded 18 transactions.
MinterEllison rounded out the top five firms in terms of deal count, recording 16 transactions in Australia in H1 2016.
In terms of deal value, Allens ranked second after King & Wood Mallesons, with an overall deal value of US$23.50 billion (AU$30.92 billion).
The next firm to make the table with an Australian presence was Gilbert + Tobin, which recorded an overall deal value of US$20.09 billion ($26.44 billion), followed by Herbert Smith Freehills with an overall deal value of US$13.38 billion (AU$17.61 billion).
Stikeman Elliott, a Canadian corporate law firm that has an office in Sydney, recorded an overall deal value of US$8.98 billion (AU$11.82 billion).
CORRECTION: An earlier version of this article had the figures in millions instead of billions.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
