Other bulge-bracket banks also ranked highly, showing that those with heft and a record of leadership are winning deal business despite the slowdown in activity in Texas.
CDT Roundup: 8 Deals, 8 Firms, 138 Lawyers, $6.6B
Private equity activity has slowed down this year while M&A involving Texas lawyers did the same this past week. Consolidation continued in the Permian Basin, private equity-backed midstream developers found exits and a big oil company divested a big asset while another expanded in a new growth area.
Corp. Deal Tracker: The New M&A Master Chart, Deals To Be Documented Weekly
Are your law firm deals included in the Corporate Deal Tracker’s M&A lawyer rankings? The Texas Lawbook has a new, easy, transparent way to find out. The Lawbook unveils its new CDT M&A Master Chart, which documents every transaction handled by lawyers in Texas. The process is simple. The deal data is quickly updated and accurate. Check out the details.
Kirkland, V&E Counsel on Parsley Energy’s $2.27B Purchase of Jagged Peak
Analysts say that the deal is accretive on financial metrics that matter, their acreage positions in the Delaware Basin fit like a glove and the transaction’s synergies are significant.
Texas M&A Dealmakers in 2019: Kirkland & Everyone Else (updated)
In a year when mergers, acquisitions and joint ventures in Texas are down significantly, lawyers at Kirkland & Ellis are actually expanding their position as the go-to M&A law firm for businesses in the state. M&A activity declined or was stagnate at 17 of the top 30 corporate law firms during the first nine months of this year, according to Mergermarket. Five firms are down double-digits in deal count from 2018. Kirkland is the only firm in the top 30 up double-digits. The Texas Lawbook has the details.
CDT Roundup: 18 Deals, 19 Firms, 166 Lawyers, $14.5B
M&A numbers may be down across the globe, but there is one sector that is holding its own: U.S. oil and gas. In her weekly Roundup Claire Poole explores the data along with last week’s deals involving Texas lawyers.
M&A Down Substantially in Texas in Q3
While the deal count stayed above 200 in the third quarter, it was the lowest level over a 12-year period since the second quarter of 2013. Observers blame trade wars and economic concerns as the culprits.