Sidley Austin LLP has once again taken an early lead as the firm that navigated the most shareholder activism matters this year, including a much-watched proxy contest at biopharmaceutical company Alkermes plc.
Sidley helped companies with 32 activist campaigns in the first half of 2023, up from 30 at the midpoint of last year, according to new Bloomberg data. Total shareholder stakes in Sidley’s matters were valued at $2.6 billion. The figure represents the value of shares owned by activist investors involved in campaigns.
In second place was Vinson & Elkins LLP with 30 engagements and total shareholder stakes ...
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