Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis Top M&A Legal Advisers in Oil and Gas Sector in H1 2024

Texas Mutual

Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the oil & gas sector during the first half (H1) of 2024 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Deals Database has revealed that Wachtell, Lipton, Rosen & Katz achieved its leading position in terms of value by advising on $71.6 billion worth of deals. Meanwhile, Kirkland & Ellis led in terms of volume by advising on a total of 17 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Kirkland & Ellis was the top adviser by volume in H1 2023 and also managed to retain its leadership position by the metric in H1 2024 as well, despite registering a year-on-year decline in the number of deals advised by it. Apart from leading by volume, it also occupied the second position by value in H1 2024.

“Meanwhile, Wachtell, Lipton, Rosen & Katz managed to lead by value, aided by a nearly 10-fold jump in the total value of deals advised by it during H1 2024 compared to H1 2024. It went ahead from occupying the 11th position by value in H1 2023 to top the chart by this metric in H1 2024.”

Kirkland & Ellis occupied the second position in terms of value, by advising on $51.7 billion worth of deals, followed by Vinson & Elkins with $49.6 billion, Latham & Watkins with $35.6 billion, and Paul, Weiss, Rifkind, Wharton & Garrison with $34.8 billion.

Meanwhile, Vinson & Elkins occupied the second position in terms of volume with 15 deals, followed by White & Case with 15 deals, Latham & Watkins with 13 deals, and Gibson, Dunn & Crutcher with 11 deals.

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts