Morgan, Lewis & Bockius and Vinson & Elkins have emerged as the leading legal advisers in the power sector’s mergers and acquisitions (M&A) landscape in the first quarter of 2024, according to GlobalData’s league table.

Morgan, Lewis & Bockius secured the top position by value and Vinson & Elkins by volume.

The deals database of GlobalData, a leading data and analytics company that is the parent of Power Technology, shows that Morgan, Lewis & Bockius secured the top position by advising on deals worth $5.6bn.

Vinson & Elkins secured second place by deal value with $4.8bn in advised transactions, but led the field in deal volume, having participated in ten deals.

GlobalData lead analyst Aurojyoti Bose said: “Vinson & Elkins was the top adviser by volume in Q1 2023 and managed to retain its leadership position by this metric in Q1 2024 as well. It was the only adviser to hit double-digit deal volume during Q1 2024. Apart from leading by volume, Vinson & Elkins also occupied the second position by value during Q1 2024.”

“Meanwhile, Morgan, Lewis & Bockius saw its ranking by value improve from the fifth position in Q1 2023 to the top position in Q1 2024. Apart from leading by value, it also occupied the seventh position by volume in Q1 2024.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The league table gives further details of the top legal advisers by value, listing Kirkland & Ellis with $4bn, Debevoise & Plimpton with $3.2bn and McGuire Woods with $3bn.

In terms of deal volume, Latham & Watkins followed closely with nine deals, while White & Case facilitated five. Kirkland & Ellis and CMS each advised on four deals.

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.

To ensure further robustness of the data, the company also seeks deal submissions from leading advisers.