Simpson Thacher Tops M&A Advisers Chart in Down Year for Deals

Jan. 5, 2023, 10:00 AM UTC

Simpson Thacher & Bartlett was Big Law’s top mergers and acquisitions adviser in 2022, expanding its share of the lucrative work even as deal activity dropped sharply from historic highs a year earlier.

The Wall Street law firm dominated the M&A league tables throughout the year, advising on 196 deals worth nearly $424 billion. Its lawyers worked on two of the year’s biggest deals, advising Twitter Inc. in its $44 billion sale to billionaire Elon Musk and representing Microsoft Corp. in its $69 billion all-cash acquisition of Activision Blizzard.

Global deal activity reached $3.6 trillion in 2022, down roughly a ...

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