Latham Dethroned as Top M&A Leader in Q1: California Brief

Latham Dethroned as M&A Leader

Sullivan & Cromwell tops the M&A leaderboard, according to Bloomberg Law’s League Tables for the first quarter.

Elon Musk’s deal to combine SpaceX and xAI helped boost the firm — along with second-place finisher Gibson Dunn & Crutcher — past perennial leaders Latham & Watkins and Kirkland & Ellis, which both slipped several spots due to a slow quarter for private equity work.

Lawyers saw a “healthier picture” for M&A in the first quarter, with more small and medium sized deals in addition to mega deals over $10 billion, said Melissa Sawyer, ...