Freshfields Bruckhaus Deringer may have dominated the M&A landscape in the first half of 2014. But, when it comes to the mid-market, Thomson Reuters has calculated that Jones Day is the law firm ruling the roost.
That may not come as a surprise to many – after all, 348 of Jones Day’s total 369 M&A deals globally in 2013 fell within the mid-market space (pinpointed as those deals with a value of less than $500m).
But the US-based firm’s leap to the top of the rankings for deals with UK involvement comes as more of a curveball. The firm ranked in tenth place at this point last year, while Linklaters took pole position.
The results are partly down to a general improvement in the mid-market. However, Jones Day’s strategy of boosting its City-based private equity offering hasn’t done any harm either.
New partner arrivals Raymond McKeeve and Michael Weir, who arrived from Berwin Leighton Paisner last year turned up bearing gifts ranging from private equity giant Blackstone and Africa-focused fund Helios.
No doubt they’ve also played no small part in boosting Jones Day’s mid-market presence on this side of the pond.
Also on TheLawyer.com:
- Kirkland & Ellis private equity duo Claire McDaid and Matthew Dean hired to kickstart Willkie Farr’s private equity practice in London
- French corporate boutique BDGS Associés appointed Linklaters M&A partner Marc Loy – its first lateral hire since being established 18 months ago
- Slaughter and May and Herbert Smith Freehills among firms advising on the proposed takeover of Dublin-based Shire by US drug manufacturer AbbVie
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