Methodology: Each law firm is given full credit for the IPO size to calculate Deal Volume. Additionally, Deal Count is further broken out into Issuer's Counsel and Underwriter's Counsel to give greater visibility into into legal assignments. All data is initially sorted and ranked by Deal Volume, but each column is further sort-able by clicking on the arrow keys in the header cell of each column.
To no one's surprise, Ellenoff Grossman and Schole ("EGS"), once again, led the SPAC IPO Legal League Tables for both the fourth quarter and Full-Year (FY) 2018. EGS absolutely dominated the league this year with a whopping 22 assignments, 16 of which were as Issuer's Counsel. Overall, EGS's 22 SPAC assignments accounted for a total 2018 deal volume of a massive $4.4 billion, representing approximately 40% of all SPAC IPO proceeds.
Read More
For both the third quarter and Year-to-Date (YTD) 2018, Ellenoff Grossman & Schole ("EGS"), once again, led the SPAC IPO Legal League with a commanding number of legal assignments. EGS was counsel on seven SPACs in Q3, one more than their six assignments in the second quarter. Furthermore, looking at YTD 2018, EGS was legal counsel on a whopping 18 legal assignments, eight more than their nearest competitor, Graubard Miller. Overall, EGS's 18 SPAC assignments accounted for total deal volume of a staggering $3.4 billion. And we still have one more quarter to go...
Read More
Once again, Ellenoff Grossman & Schole ("EGS") dominated the SPAC IPO Legal League for both the second quarter and first half of 2018. EGS was counsel on six assignments in Q2, twice as many as their nearest competitor, Skadden, Arps, Slate, Meagher & Flom LLP ("Skadden"), which had three assignments. Overall, for the first half of 2018, EGS had 11 SPAC assignments with total deal volume of $2.5 billion.
Read More
It's been an active quarter for Ellenoff Grossman & Schole ("EGS"), as they are once again leading the Special Purpose Acquisition Company Legal League for Issuer's Counsel with four assignments. EGS leads the quarter overall in the categories of Total Volume(#1), Total Deal Count(#1), Issuer's Counsel(#1) and Market share (19.6%).
Read More
Let's drill down on the 2017 SPAC IPO Legal League results...
As you can see, the top three law firms providing legal counsel to Special Purpose Acquisition companies (by volume) are Weil, Gotshal & Manges, Ellenoff Grossman & Schole ("EGS"), and Skadden, Arps, Slate, Meagher & Flom ("Skadden"), accounting for nearly 50% of the market share.
Read More