Wachtell, Lipton, Rosen & Katz; and Paul, Weiss, Rifkind, Wharton & Garrison have topped the legal advisers rankings for mergers and acquisitions (M&As) in the construction sector by value and volume, respectively, in the first quarter (Q1) of 2025, according to the latest league table released by GlobalData.
According to the data and analytics company’s deals database, Wachtell, Lipton, Rosen & Katz led by value, with advisory on deals totalling $18.8bn.
Paul, Weiss, Rifkind, Wharton & Garrison ranked second in terms of value through advisory services on transactions totalling $15.1bn.
It was followed by Ropes & Gray at $12.6bn, Sidley Austin at $11.6bn and Simpson Thacher & Bartlett at $10.2bn.
GlobalData lead analyst Aurojyoti Bose said: “Paul, Weiss, Rifkind, Wharton & Garrison registered improvement in the total number of deals advised by it during Q1 2025 compared to Q1 2024. Consequently, its ranking by volume also improved from the sixth position in Q1 2024 to the top spot in Q1 2025.
“Meanwhile, Wachtell, Lipton, Rosen & Katz advised on only two but very high-value deals in Q1 2025. This helped it register more than a threefold jump in the total value of deals advised by it during Q1 2025. Resultantly, it went ahead from occupying the ninth position by value in Q1 2024 to top the chart by this metric in Q1 2025.”
In terms of volume, Paul, Weiss, Rifkind, Wharton & Garrison led the chart by advising on seven deals.
CMS and Morgan, Lewis & Bockius secured five deals each.
Latham & Watkins and Gibson, Dunn & Crutcher followed with four deals each.
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 to the data, the company also seeks submissions of deals from leading advisers.
