Davis Polk & Wardwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the global information and communication technology (ICT) sector in the first half (H1) of 2020, based on deal value and volume, respectively, according to GlobalData.
Davis Polk & Wardwell advised on 22 deals worth $27.1bn, which was the highest among all the advisers. Kirkland & Ellis led in volume terms having advised on 65 deals worth $20.4bn.
GlobalData has published a top ten league table of legal advisers ranked according to the value of announced M&A deals globally. If the value remains the same for multiple advisers, the deal volume is given weightage.
Paul Weiss Rifkind Wharton & Garrison occupied second position by value having advised on 26 deals worth $26.4bn, followed by Clifford Chance with ten deals worth $26.2bn.