Global capital markets are slower than last year, but there’s still plenty of work for those law firms advising issuers as well as underwriters, according to the latest Bloomberg rankings.
According to the Bloomberg League Tables, Davis Polk & Wardwell LLP topped the charts when ranked by volume by advising issuers globally on 5.36 percent of $389.8 trillion of equity offerings—including those involving common and preferred stock, initial public offerings and rights offerings.
Also in the top 10 of firms advising issuers when ranked by volume are, in descending order:
- Simpson Thacher & Bartlett LLP;
- Latham & Watkins LLP;
- Skadden, ...