Data from the CounselLink ELM Trends 2015 Year-End Report from LexisNexis confirming that the major players in the M&A market.
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Where will M&A specialists find the highest rates?

Posted by: Laurence Simons 01/06/16
If you specialise in Mergers and Acquisitions it looks like big firms are still the way to go, with data from the CounselLink ELM Trends 2015 Year-End Report from LexisNexis confirming that the major players continue to dominate the M&A market.

The study suggests that the surge in M&A activity that began in 2013 continued to experience a significant uplift in 2014 and 2015. According to the research, large firms continue to be top choice for the vast majority of clients looking for counsel on M&A matters, with firms with upwards of 500 lawyers receiving 72% of fees billed for M&A transactions in 2014 and 2015.

Meanwhile the fees paid to outside counsel for M&A work have risen dramatically - with an average partner hourly rate of $629, M&A work attracted higher fees than any other practice group included in the study. The three year compound annual growth (CAGR) rate for a median M&A partner was 2% however for some of the top partners the CAGR rose to 9%.

In 2012 the median partner rate sat at $623 while in 2015 that figure rose to $638, while the growing demand for M&A expertise has resulted in sharp rise from partners in the top 90th percentile. For these partners rates rose from $903 an hour in 2012 to $1032 in 2015.

The surge in demand for M&A work certainly doesn’t look to be slowing and for professionals with experience in this sector, big firms certainly look like the way to go to achieve the highest rates and the high pay that come with them.
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