Mallesons has come top of both the Thomson Reuters and Bloomberg league tables for M&A activity for the first quarter of the year.

The firm came top of the lists for deals by value across Australia and New Zealand. Bloomberg had it acting on US$8.96 billion worth of deals - although Thomson Reuters reckoned the figure totalled US$13.7 billion, giving the firm nearly half the market share. A spokesman for the firm said that banks were increasingly willing to lend, but "the mega deals of the pre-GFC world are likely to be scarce this year".

    An acquisition yesterday

The firm pulled off a very strong showing in other markets too. Thomson Reuters ranked it the top Aussie firm for announced deals in its Asia Pacific, Asian, European, French, Italian and Canadian tables. Now that's something to sing about.

M&A activity is up 80% on the same period last year for the Asia Pacific region, according to an earlier Lawyers Weekly report, and there is an expectation that solid M&A growth is set to continue. So, combined with recent salary rises and an upturn in recruitment it's good news for hard-working associates, although a bit of a disaster for slackers.
 
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