Four of London’s Magic Circle law firms are seeing their US investments pay off as they climb the list of leading deals advisers.
Freshfields, Linklaters, Clifford Chance, and A&O Shearman were among the top 20 mergers and acquisitions dealmakers last year, according to Bloomberg data. Their ascendance follows a push to grow stateside that began with Freshfields’ 2019 hire of New York partner Ethan Klingsberg from Cleary Gottlieb.
“The US has become the priority,” said Thomas McGrath, US global practice head at Linklaters. “It’s the biggest legal market in the world, it’s got the best and most interesting work and ...
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