(M&A) in 2024, according to data from GlobalData.
The firm secured its top McCarthy Tetrault has emerged as the leading legal adviser by deal value in the metals and mining sector for mergers and acquisitions position by advising on transactions worth $14.1 billion (£11.46 billion).
Cassels Brock & Blackwell topped the list by deal volume, surpassing its third-place position in 2023. The firm also secured the ninth spot by value, highlighting its strong performance in the sector.
Speaking after the release of the rankings, GlobalData’s lead analyst, Aurojyoti Bose, noted:
“Cassels Brock & Blackwell not only led by volume but also secured a top-10 position by value. Interestingly, the top three advisers by volume in 2023 reversed positions in 2024. Meanwhile, McCarthy Tetrault retained its top value ranking and placed third by volume.”
Top Legal Advisers by Deal Value
McCarthy Tetrault: $14.1 billion
Davis Polk & Wardwell: $12.3 billion
Gibson, Dunn & Crutcher: $10.9 billion
Paul, Weiss, Rifkind, Wharton & Garrison: $9.9 billion
Cravath Swaine & Moore: $9 billion
Top Legal Advisers by Deal Volume
Cassels Brock & Blackwell
Fasken Martineau DuMoulin (23 deals)
McCarthy Tetrault (20 deals)
Blake Cassels & Graydon (19 deals)
Bennett Jones (13 deals)
GlobalData’s league tables are based on real-time tracking of thousands of company and advisory firm websites. A team of analysts monitors these sources to gather detailed information on each transaction, including adviser participation. The firm also seeks direct deal submissions from leading advisers to ensure data accuracy.
The 2024 rankings highlight a dynamic year for legal advisers in the metals and mining sector, with McCarthy Tetrault maintaining its dominance by value and Cassels Brock & Blackwell making significant gains by volume.
