Simpson Thacher Tops Big Law Dealmakers as M&A Activity Skids

Simpson Thacher & Bartlett is once again Big Law’s top mergers and acquisitions adviser as global deals activity fell in the third quarter to its lowest mark since 2020.

Worldwide deals totaled $2.8 trillion through the third quarter of 2022, dropping 28.5% from the same nine-month stretch year earlier.

“There’s just too much uncertainty everywhere you turn right now and that makes it very complicated to sign new deals,” said Eric Swedenburg, co-head of Simpson Thacher’s M&A practice.

Deals activity dropped to $704 billion in the third quarter, a low not seen since the second quarter of 2020 when global ...