It seems that every bunch of deals figures to emerge so far in 2014 shows the market moving determinedly in one direction: up.
Just check out last week’s UK public M&A fees feature. Even if average payouts to lawyers in the second half of 2013 were no higher than in the first half, deal volume certainly saw a major uptick.
Now it’s the turn of AIM. According to Adviser Rankings’ figures, the quarter leading up to 8 January 2014 saw 33 new admissions – more than double the number admitted in the same period in the last quarter of 2012.
That said, it’s the same old faces sitting pretty at the top. There’s no budging Pinsent Masons, Memery Crystal and Carey Olsen from the podium – the trio being the only firms to regularly count 40-plus AIM clients on their books.
Other firms deserving a mention for putting in a strong performance include Field Fisher Waterhouse, DLA Piper, Stephenson Harwood and DWF, all of which bumped up their total number of AIM clients over the period.
And if you need an extra slice of good news to get your motor running this Monday, check out the European M&A market. Figures for the year so far show that it’s already up by a third on last year, the strongest start since 2011.