International law firm Herbert Smith Freehills has cemented its position as a leading legal adviser in mergers and acquisitions. The firm came top in Refinitiv's 2021 end-of-year M&A legal adviser league tables in 2021 in Asia Pacific, Australia and the UK, having advised on global transactions with a total value of US$306 billion.
The firm was ranked 3rd in Europe with a total deal value of US$196 billion. It came 9th in the global principal advisers table, having advised on over 250 transactions with a total value of over US$291 billion.
Head of Global M&A practice Gavin Davies commented:
"Thanks to the trust from our clients and the dedication of our people, we have achieved some fantastic results in 2021 together. As highlighted in our latest global M&A report, M&A is a tool of choice for effecting rapid business transformation, which adds to the need for legal expertise in international M&A. We are well positioned to assist our clients in this and we are doing just that in our offices around the world."
According to Refinitiv, worldwide M&A activity totalled US$5.9 trillion during full year 2021, an increase of 64% compared to year-ago levels and the strongest annual period for mergers & acquisitions since records began in 1980.