Sidley Austin Leads Big Law Defense Against Investor Activists

Jan. 5, 2024, 10:00 AM UTC

Sidley Austin LLP is once again in the top spot as the firm that helped the most public companies weather shareholder activism matters over the past record-breaking year.

Sidley advised companies on 48 engagements in 2023 with total shareholder stakes in the firm’s matters valued at $7.3 billion, according to new Bloomberg data. The figure represents the value of shares owned by activist investors involved in campaigns. The firm also secured the lead in 2022 after battling 48 activist campaigns.

In second place was Vinson & Elkins LLP, which navigated 42 engagements with $3.3 billion total shareholder stakes, according ...

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