Jones Day ranks #1 in M&A for 11th year in a row

Published 18 January 2011 by Jones Day

Jones Day ranked #1 globally in M&A league tables for year-end 2010, maintaining a position it has held for 41 consecutive quarters. The Firm also ranked #1 in the U.S.

In M&A rankings released this month by Thomson Reuters, Jones Day led all law firms for number of completed deals worldwide, receiving credit for 345 transactions in 2010. The Firm also ranked #1 for completed deals with U.S. targets, receiving credit for 206 transactions.

In Bloomberg's M&A league tables for year-end based on number of announced deals, the Firm ranked #1 in both the worldwide and U.S. rankings, receiving credit for 391 transactions worldwide and 289 deals with any U.S. involvement.

Among the transactions Jones Day's M&A team completed in 2010 are Potash Corporation of Saskatchewan's successful takeover defense against BHP Billiton; Continental Airlines' $8.5 billion merger-of-equals with United; SAP's $5.8 billion acquisition of Sybase; and Ixe Grupo Financiero, S.A.B. de C.V.'s 16.2 billion Mexican peso (US$1.3 billion) merger with Grupo Financiero Banorte S.A.B de C.V.

"Market fundamentals are excellent, and we expect that 2011 will be an exceptionally active year for our transactional practice," said Robert Profusek, Jones Day's global head of M&A. "The marketplace for legal services is increasingly global and the risk-based approach our clients take is particularly well-suited for a firm like Jones Day, which can bring together the right resources on a seamless, cost-effective basis from an array of practice disciplines and locations in the Americas, Europe, the Middle East, Asia, and Australia."

Jones Day has held the #1 ranking for number of deals worldwide in both the Thomson Reuters and Bloomberg league tables every quarter since year-end 2000.