Top 10 Legal Advisors in the World in 2022 by Deal Volume
Kirkland & Ellis LLP, Wilson Sonsini Goodrich & Rosati Professional Corp, Latham & Watkins LLP, White & Case LLP, and CMS Legal Services EEIGare among the top 5 legal advisors in the world in 2022 by deal volume. The GIC and Oak Street-STORE Capital deal was a major deal in the world in 2022. DLA Piper LLP and Fried, Frank, Harris, Shriver & Jacobson LLP served as legal advisers to STORE Capital, while Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates served for GIC Pte Ltd, and Kirkland & Ellis LLP acted as legal counsel for Oak Street Real Estate Capital LLC. GIC Pte Ltd (GIC), a sovereign wealth fund of the Government of Singapore that manages the country’s foreign reserves, and Oak Street Real Estate Capital LLC (Oak Street), a US-based private equity real estate firm, have announced to acquire STORE Capital Corporation, an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, for a consideration of $18,648 million. The Elon Musk-Twitter deal was another major deal in the world in 2022. McDermott Will & Emery LLP served as legal advisor to Elon Musk. Simpson Thacher & Bartlett LLP, Wachtell, Lipton, Rosen & Katz, Sullivan & Cromwell LLP, and Wilson Sonsini Goodrich & Rosati Professional Corp served as legal counsels to Twitter, while Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to Musk. X Holdings I, Inc. and X Holdings II, Inc, entities wholly owned by Elon Musk, the CEO of Tesla, have acquired the remaining 90.8% stake in Twitter Inc, a US-based provider of online social networking services, for the consideration of $39,952 million. The deal was completed by Q4 2022. The TotalEnergies-Adani deal was one of the major deals in the world in 2022. Latham & Watkins LLP served as legal advisor to TotalEnergies. TotalEnergies SE, the France-based power generation company, has agreed to acquire a 25% stake in Adani New Industries Ltd (ANIL), a green hydrogen company from Adani Enterprises Ltd., an integrated infrastructure company, for a purchase consideration of $12,500 million.