Q1 2018 SPAC Legal League Table
Now that the first quarter of 2018 is complete, we have released our Q1 2018 SPAC IPO Legal League Tables
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%).
Skadden is not far behind with a market share of 19.2% and again, the preferred provider for Underwriter’s Counsel (#2). Skadden also ranked second for Total Volume and Average Deal Size.
The year is still young…it should be interesting to see how the first half of 2018 shapes up.
Click for FY 2017 Legal League Table
Please note that you can sort the table by clicking on the arrow keys located in each column. You can find the Underwriting League Tables here.
| Rank | Law Firm | Volume ($mm) | Deal Count (Total) | Deal Count (Issuer's Counsel) | Deal Count (UW's Counsel) | Avg. Size ($mm) | Market Share (%) |
|---|---|---|---|---|---|---|---|
| 1 | Ellenoff Grossman & Schole LLP | 838.0 | 5 | 4 | 1 | 167.6 | 19.6 |
| 2 | Skadden, Arps, Slate, Meagher & Flom LLP | 825.0 | 3 | 0 | 3 | 275.0 | 19.3 |
| 3 | Winston & Strawn LLP | 533.0 | 2 | 1 | 1 | 266.5 | 12.5 |
| 4 | Graubard Miller | 456.5 | 4 | 2 | 2 | 114.1 | 10.7 |
| 5 | Kirkland & Ellis LLP | 450.0 | 2 | 1 | 1 | 225.0 | 10.5 |
| 6 | Greenberg Traurig, LLP | 365.0 | 2 | 1 | 1 | 182.5 | 8.5 |
| 7 | Davis Polk & Wardwell LLP | 300.0 | 1 | 1 | 0 | 300.0 | 7.0 |
| 8 | Freshfields Bruckhaus Deringer US LLP | 275.0 | 1 | 0 | 1 | 275.0 | 6.4 |
| 9 | Fox Rothschild LLP | 125.0 | 1 | 1 | 0 | 125.0 | 2.9 |
| 10 | Holland & Knight, LLP | 111.5 | 1 | 0 | 1 | 111.5 | 2.6 |
Source: SPACInsider