Bloomberg Finance L.P. - GLOBAL LEGAL ADVISERS...Latham & Watkins LLP 9 2.855 2,557 12 15 2.094 0.761 Clifford Chance LLP 10 2.680 2,400 5 25 0.984 1.696 Paul Weiss Rifkind Wharton

GLOBAL LEGAL ADVISERSLEAGUE TABLESQ1 2020

The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans,

bonds, equity and M&A transactions; according to Bloomberg standards.

LEAG<GO> for a full range of league tables

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Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg

Professional Service.

LEGAL ADVISER RANKINGS

LEGAL CAPITAL MARKETS

DATA SUBMISSIONS AND QUERIES

Contact EmailPhone

Q1 2020

Equities

Fixed Income

Loans

Larisa Bykova

Andrea Niper

Nadine Ali

+1 646 324 2355

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Bloomberg GlobalLegalAdviser|Q12020

BloombergLeagueTableReports Page1

GlobalEquity,EquityLinked&RightsGlobalEquity,EquityLinked&Rights:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

King&WoodMallesons 1 7.180 6,430 15 9 2.908 4.272

SimpsonThacher&Bartlett 2 4.338 3,885 8 13 2.150 2.188

DavisPolk&Wardwell 3 4.062 3,638 11 10 2.515 1.547

JunHeLLP 4 3.979 3,563 10 72 0.262 3.717

WilsonSonsiniGoodrich&Rosati 5 3.488 3,124 7 3 4.773 -1.285

GoodwinProcterLLP 6 3.421 3,064 13 12 2.218 1.203

GrandallLawFirm 7 3.191 2,858 15 24 0.986 2.205

MorganLewis&BockiusLLP 8 2.947 2,640 3 161 0.028 2.919

Latham&WatkinsLLP 9 2.855 2,557 12 15 2.094 0.761

CliffordChanceLLP 10 2.680 2,400 5 25 0.984 1.696

PaulWeissRifkindWharton&Garrison

11 2.612 2,339 4 50 0.445 2.167

ClearyGottliebSteen&Hamilton 12 2.175 1,948 5 23 1.120 1.055

ZhongLunLawFirm 13 2.077 1,860 18 19 1.359 0.718

LefosseAdvogados 14 1.909 1,710 2 122 0.089 1.820

LinklatersLLP 15 1.716 1,537 4 4 4.614 -2.898

VenableLLP 16 1.655 1,482 7 14 2.122 -0.467

CooleyLLP 17 1.649 1,477 16 16 1.957 -0.308

DLAPiperLLP 18 1.498 1,342 11 101 0.136 1.362

Winston&StrawnLLP 19 1.495 1,339 5 - - 1.495

SidleyAustinLLP 20 1.335 1,195 4 44 0.484 0.851

TOTAL 100% 89,556 482 100%

GlobalEquity,EquityLinked&Rights:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

ConyersDill&Pearman 1 0.93 27

ZhongLunLawFirm 2 2.08 18

CooleyLLP 3 1.65 16

GrandallLawFirm 4 3.19 15

King&WoodMallesons 4 7.18 15

GoodwinProcterLLP 6 3.42 13

Latham&WatkinsLLP 7 2.86 12

DLAPiperLLP 8 1.50 11

DavisPolk&Wardwell 8 4.06 11

JunHeLLP 10 3.98 10

Appleby 11 0.06 9

Jingtian&Gongcheng 11 0.50 9

AllbrightLawOffice 13 0.47 8

Maples&Calder 13 0.84 8

SimpsonThacher&Bartlett 13 4.34 8

BeijingDehengLaw 16 0.41 7

StikemanElliott 16 1.22 7

VenableLLP 16 1.66 7

WilsonSonsiniGoodrich&Rosati

16 3.49 7

BakerMcKenzie 20 0.73 6



GlobalEquity,EquityLinked&RightsGlobalEquity,EquityLinked&Rights:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

DavisPolk&Wardwell 1 10.893 8,030 36 1 14.813 -3.920

Latham&WatkinsLLP 2 10.488 7,732 23 2 11.596 -1.108


Shearman&SterlingLLP 4 5.664 4,175 5 14 1.875 3.789

Ropes&GrayLLP 5 5.043 3,718 10 7 3.804 1.239

LinklatersLLP 6 4.290 3,162 10 5 5.887 -1.597

HuntonAndrewsKurthLLP 7 3.736 2,754 3 21 1.060 2.676

PinheiroGuimaraesAdvogados 8 3.479 2,565 2 - - 3.479

GoodwinProcterLLP 9 2.588 1,908 13 3 6.982 -4.394

SidleyAustinLLP 10 2.580 1,902 5 6 4.370 -1.790

Allen&OveryLLP 11 2.564 1,890 4 4 6.474 -3.910

OslerHoskin&HarcourtLLP 12 2.009 1,481 6 23 0.880 1.129

CravathSwaine&Moore 13 1.913 1,410 1 27 0.753 1.160

SkaddenArpsSlateMeagher&FlomLLP

14 1.893 1,396 8 8 3.364 -1.471

CooleyLLP 15 1.709 1,260 10 13 2.119 -0.410


FreshfieldsBruckhausDeringer 17 1.670 1,231 3 25 0.759 0.911

FangdaPartners 18 1.653 1,219 4 37 0.382 1.271

CahillGordon&Reindel 19 1.651 1,217 3 11 2.513 -0.862


TOTAL 100% 73,721 354 100%

GlobalEquity,EquityLinked&Rights:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount




CooleyLLP 4 1.71 10

LinklatersLLP 4 4.29 10

Ropes&GrayLLP 4 5.04 10

MintzLevinCohnFerrisGlovsky&PopeoPC

7 0.46 8



7 1.89 8

White&CaseLLP 7 1.48 8

EllenoffGrossmanSchole&CyruliLLP

11 0.06 7

BlakeCassels&GraydonLLP 12 0.58 6

Covington&Burling 12 0.37 6

LowensteinSandlerLLP 12 0.11 6

OslerHoskin&HarcourtLLP 12 2.01 6

TianYuanLawFirm 12 0.53 6



CliffordChanceLLP 18 1.70 5

Commerce&FinanceLawOffices 18 0.39 5



GlobalEquityIPOGlobalEquityIPO:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)







6 3.703 1,100 1 - - 3.703


JunHeLLP 8 3.495 1,038 7 31 0.780 2.715

StikemanElliott 9 2.802 832 2 22 1.255 1.547

LawFirmofSalahAl-Hejailan/The 10 2.355 700 1 46 0.349 2.006

ShardulAmarchandMangaldas&Co

11 2.349 698 1 20 1.391 0.958

GlobalLawOffice 12 2.079 618 1 - - 2.079

ShanghaiUnitedLawFirm 13 1.743 518 1 - - 1.743

Allen&Gledhill 14 1.637 486 2 70 0.103 1.534

GrandallLawFirm 15 1.464 435 5 19 1.606 -0.142

Fenwick&WestLLP 16 1.453 432 2 - - 1.453

WeilGotshal&MangesLLP 17 1.431 425 1 11 2.422 -0.991

White&CaseLLP 18 1.274 379 2 - - 1.274

ConyersDill&Pearman 19 1.249 371 22 17 1.676 -0.427

Maples&Calder 20 1.061 315 5 27 0.974 0.087

TOTAL 100% 29,709 187 100%

GlobalEquityIPO:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount




Appleby 4 0.18 9


JunHeLLP 6 3.49 7




Ogier 8 0.46 5

Winston&StrawnLLP 8 4.51 5



ChinaCommercialLawCo 12 1.00 4

Commerce&FinanceLawOffices

12 0.51 4

BeijingDentonsLawOfficesLLP

16 0.25 3



GFELawOffice 16 0.52 3

HoganLovellsUSLLP 16 0.03 3



GlobalEquityIPOGlobalEquityIPO:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



CravathSwaine&Moore 3 7.319 1,410 1 - - 7.319

Ropes&GrayLLP 4 6.979 1,345 3 5 5.166 1.813

FangdaPartners 5 6.324 1,219 4 34 0.454 5.870


DaviesWardPhillips&VinebergLLP 7 3.697 712 1 - - 3.697

Allen&OveryLLP 8 3.621 698 1 - - 3.621

CyrilAmarchandMangaldas 8 3.621 698 1 - - 3.621

CliffordChanceLLP 10 3.553 685 3 19 0.951 2.602

CooleyLLP 11 2.885 556 3 6 5.008 -2.123

TianYuanLawFirm 12 2.013 388 6 43 0.257 1.756

BlakeCassels&GraydonLLP 13 1.790 345 2 79 0.035 1.755

Kirkland&Ellis 14 1.679 324 3 10 3.229 -1.550

GreenbergTraurigLLP 15 1.552 299 2 - - 1.552

LlinksLawOffice 16 1.446 279 1 - - 1.446


17 1.346 259 3 2 10.619 -9.273

JiaYuanLawOffices 18 1.223 236 1 22 0.922 0.301

Shearman&SterlingLLP 19 1.038 200 1 9 3.247 -2.209

BoreniusAttorneysLtd 20 1.029 198 1 - - 1.029

TOTAL 100% 19,271 115 100%

GlobalEquityIPO:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





FangdaPartners 4 6.32 4


MillerThomsonLLP 4 0.00 4

NortonRoseFulbrightLLP 4 0.24 4

Chiu&Partners 9 0.38 3


CooleyLLP 9 2.88 3

HARPERGREYLLP 9 0.01 3

HowseWilliamsBowers 9 0.30 3


Kirkland&Ellis 9 1.68 3


Loeb&LoebLLP 9 0.42 3



9 1.35 3




GlobalBondsGlobalBonds:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


ClearyGottliebSteen&Hamilton 2 6.309 20,769 22 2 8.254 -1.945



Sullivan&Cromwell 5 5.136 16,905 20 1 17.333 -12.197


6 4.255 14,008 18 13 2.568 1.687


GibsonDunn&Crutcher 8 3.706 12,200 12 11 2.762 0.944

Shearman&SterlingLLP 9 2.954 9,725 11 7 3.420 -0.466

MayerBrownLLP 10 2.339 7,700 8 35 0.572 1.767

Alston&BirdLLP 11 2.127 7,000 6 - - 2.127

McGuireWoodsLLP 12 1.899 6,250 4 22 0.928 0.971

FaegreDrinkerBiddle&ReathLLP 13 1.823 6,000 7 - - 1.823

BracewellLLP 14 1.716 5,650 7 - - 1.716

Allen&OveryLLP 15 1.667 5,486 6 42 0.324 1.343

Arnold&PorterKayeScholerLLP 16 1.549 5,100 4 19 1.295 0.254

CooleyLLP 17 1.519 5,000 4 - - 1.519

Kirkland&Ellis 17 1.519 5,000 7 21 1.273 0.246

White&CaseLLP 19 1.502 4,943 4 - - 1.502


TOTAL 100% 329,174 328 100%

GlobalBonds:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount



ClearyGottliebSteen&Hamilton 3 6.31 22

Sullivan&Cromwell 4 5.14 20


5 4.26 18

CravathSwaine&Moore 6 5.31 16

GibsonDunn&Crutcher 7 3.71 12

Shearman&SterlingLLP 8 2.95 11

SidleyAustinLLP 8 1.46 11


JonesDay 11 1.43 9

WombleBondDickinsonUSLLP 11 1.17 9

MayerBrownLLP 13 2.34 8

BracewellLLP 14 1.72 7

FaegreDrinkerBiddle&ReathLLP

14 1.82 7


Allen&OveryLLP 17 1.67 6

Alston&BirdLLP 17 2.13 6


Jenner&BlockLLC 20 1.22 5



GlobalBondsGlobalBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


SimpsonThacher&Bartlett 2 13.940 54,100 44 1 19.544 -5.604







LinklatersLLP 9 3.927 15,238 17 10 3.356 0.571

HuntonAndrewsKurthLLP 10 3.369 13,075 17 6 4.201 -0.832

Allen&OveryLLP 11 2.062 8,002 10 4 7.445 -5.383

GibsonDunn&Crutcher 12 2.061 8,000 6 12 2.761 -0.700


13 1.908 7,405 7 13 2.327 -0.419

MayerBrownLLP 14 1.817 7,050 11 16 1.637 0.180

JonesDay 15 1.675 6,500 6 - - 1.675

Alston&BirdLLP 16 1.417 5,500 6 35 0.197 1.220

BakerBottsLLP 17 1.385 5,375 7 33 0.266 1.119

CahillGordon&Reindel 18 1.308 5,075 6 23 0.651 0.657

FriedFrankHarrisShriver&Jacobson

19 1.288 5,000 5 35 0.197 1.091

Morrison&FoersterLLP 19 1.288 5,000 4 42 0.079 1.209

TOTAL 100% 388,090 385 100%

GlobalBonds:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount








HuntonAndrewsKurthLLP 8 3.37 17





BakerBottsLLP 13 1.38 7


13 1.91 7


CahillGordon&Reindel 15 1.31 6


JonesDay 15 1.67 6


19 1.29 5




GlobalLoansGlobalLoans:LegalAdviser-LenderRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



McGuireWoodsLLP 3 6.761 23,835 30 5 7.377 -0.616


Allen&OveryLLP 5 5.197 18,323 16 3 7.811 -2.614



CliffordChanceLLP 8 3.876 13,663 9 6 5.702 -1.826

White&CaseLLP 9 2.733 9,636 18 12 1.973 0.760


10 2.483 8,754 5 18 0.874 1.609


11 2.051 7,230 2 31 0.384 1.667

LinklatersLLP 12 1.828 6,443 7 14 1.476 0.352

NortonRoseFulbrightLLP 13 1.816 6,402 14 10 2.530 -0.714

CravathSwaine&Moore 14 1.532 5,400 3 7 4.040 -2.508

BakerMcKenzie 15 1.393 4,913 15 11 2.375 -0.982

MilbankLLP 16 1.351 4,764 9 28 0.426 0.925

FaskenMartineauDuMoulinLLP 17 1.248 4,400 3 22 0.768 0.480

Dentons 18 1.032 3,639 8 19 0.873 0.159

PaulHastingsLLP 19 0.989 3,487 1 44 0.213 0.776

GideLoyretteNouel 20 0.940 3,313 1 61 0.155 0.785

TOTAL 100% 352,541 459 100%

GlobalLoans:LegalAdviser-LenderRankedbyDealCount

Firm RankMkt

Share(%)DealCount



McGuireWoodsLLP 3 6.76 30








Lee&Ko 11 0.62 10


MilbankLLP 12 1.35 9

Dentons 14 1.03 8

Shin&Kim 14 0.38 8


WeilGotshal&MangesLLP 16 0.81 7

King&SpaldingLLP 18 0.38 6

BaeKim&Lee 19 0.18 5


19 2.48 5



GlobalLoansGlobalLoans:LegalAdviser-BorrowerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Kirkland&Ellis 1 13.555 41,395 55 1 14.630 -1.075



3 8.531 26,051 16 6 3.111 5.420



White&CaseLLP 6 3.114 9,509 11 12 1.759 1.355


HerbertSmithFreehills 8 2.648 8,088 3 42 0.513 2.135

Debevoise&PlimptonLLP 9 2.604 7,951 5 31 0.730 1.874






Ropes&GrayLLP 15 1.513 4,619 6 16 1.489 0.024


16 1.352 4,128 5 47 0.453 0.899

WillkieFarr&Gallagher 17 1.304 3,982 4 67 0.243 1.061

BakerMcKenzie 18 1.268 3,872 7 41 0.517 0.751



TOTAL 100% 305,386 392 100%

GlobalLoans:LegalAdviser-BorrowerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





4 8.53 16



6 0.92 10







AshurstLLP 12 0.32 5

Debevoise&PlimptonLLP 12 2.60 5


12 1.35 5




Allens 19 0.33 4




USEquityOfferingsUSEquityOfferings:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

WilsonSonsiniGoodrich&Rosati 1 10.387 3,023 4 1 12.639 -2.252



PaulWeissRifkindWharton&Garrison 4 5.153 1,499 2 58 0.151 5.002

VenableLLP 5 5.094 1,482 7 4 6.155 -1.061



CooleyLLP 8 4.382 1,275 12 5 5.459 -1.077


WilmerHale 10 3.164 921 6 3 6.563 -3.399

DLAPiperLLP 11 2.863 833 6 51 0.221 2.642


12 2.709 788 3 10 3.559 -0.850

FriedFrankHarrisShriver&Jacobson 13 2.589 754 2 - - 2.589

CliffordChanceLLP 14 2.114 615 2 - - 2.114

JonesDay 15 1.882 548 2 - - 1.882

Morrison&FoersterLLP 16 1.838 535 1 - - 1.838

O'Melveny&MyersLLP 17 1.649 480 1 48 0.240 1.409

BallardSpahrLLP 18 1.600 466 4 81 0.016 1.584


19 1.578 459 4 55 0.191 1.387

Fenwick&WestLLP 20 1.483 432 2 37 0.526 0.957

TOTAL 100% 29,100 144 100%

USEquityOfferings:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

CooleyLLP 1 4.38 12



VenableLLP 3 5.09 7


WilmerHale 5 3.16 6

BallardSpahrLLP 7 1.60 4


7 1.58 4

Vinson&ElkinsLLP 7 1.28 4

WilsonSonsiniGoodrich&Rosati 7 10.39 4


BrownsteinHyattFarberSchreckLLP

12 0.04 3





12 2.71 3


Dorsey&WhitneyLLP 17 0.04 2

Fenwick&WestLLP 17 1.48 2


17 2.59 2



USEquityOfferingsUSEquityOfferings:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


Ropes&GrayLLP 2 10.615 3,088 8 4 8.562 2.053






WeilGotshal&MangesLLP 8 3.747 1,090 1 21 0.682 3.065


9 3.729 1,085 5 6 6.153 -2.424

WilmerHale 10 3.632 1,057 4 19 0.808 2.824

CooleyLLP 11 3.510 1,021 7 9 4.770 -1.260


GoodwinProcterLLP 13 2.718 791 8 2 13.586 -10.868


ClearyGottliebSteen&Hamilton 15 1.838 535 1 - - 1.838

White&CaseLLP 16 1.209 352 3 12 2.034 -0.825


17 1.169 340 8 14 1.267 -0.098

Kirkland&Ellis 18 1.016 296 2 18 0.890 0.126

GibsonDunn&Crutcher 19 0.907 264 1 23 0.461 0.446

HuntonAndrewsKurthLLP 20 0.874 254 2 - - 0.874

TOTAL 100% 29,091 143 100%

USEquityOfferings:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





3 1.17 8


CooleyLLP 6 3.51 7


6 0.16 7


8 3.73 5


SichenziaRossFerenceLLP 9 0.08 4


WilmerHale 9 3.63 4



13 0.77 3





ZysmanAharoniGayerSullivan&Worcester

13 0.09 3




USEquityIPOUSEquityIPO:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

SimpsonThacher&Bartlett 1 20.596 1,957 2 - - 20.596




4 11.575 1,100 1 - - 11.575

Fenwick&WestLLP 5 4.543 432 2 - - 4.543


Latham&WatkinsLLP 7 3.935 374 2 4 8.061 -4.126

Allen&Gledhill 8 3.265 310 1 - - 3.265

CooleyLLP 9 2.965 282 1 3 11.278 -8.313

GraubardMiller 10 2.541 242 1 6 6.578 -4.037

GoodwinProcterLLP 11 2.434 231 1 10 2.096 0.338

GoodmansLLP 12 2.368 225 1 - - 2.368

Ropes&GrayLLP 13 2.178 207 1 - - 2.178

WilmerHale 14 2.014 191 2 14 0.553 1.461

TarterKrinsky&DroginLLP 15 1.578 150 1 - - 1.578


16 1.263 120 1 2 15.415 -14.152

RichardsLayton&Finger 17 1.222 116 1 - - 1.222

Maples&Calder 18 1.052 100 1 - - 1.052


18 1.052 100 1 8 3.250 -2.198

Loeb&LoebLLP 20 0.691 66 1 - - 0.691

TOTAL 100% 9,503 32 100%

USEquityIPO:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount


Fenwick&WestLLP 2 4.54 2



WilmerHale 2 2.01 2

Allen&Gledhill 6 3.26 1


CooleyLLP 6 2.96 1


DuaneMorrisLLP 6 0.15 1


6 1.26 1

FlemingPLLC 6 0.08 1

GoodmansLLP 6 2.37 1


GraubardMiller 6 2.54 1

GunsterYoakley&StewartPA 6 0.60 1


LoevLawFirmPC/The 6 0.06 1

LucoskyBrookmanLLP 6 0.09 1

LuseGormanPomerenk&Schick 6 0.60 1



USEquityIPOUSEquityIPO:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



Ropes&GrayLLP 3 14.153 1,345 3 5 8.839 5.314


DavisPolk&Wardwell 5 10.457 994 4 11 2.405 8.052

CooleyLLP 6 5.850 556 3 6 8.570 -2.720

Kirkland&Ellis 7 3.111 296 2 7 3.902 -0.791


GreenbergTraurigLLP 9 2.541 242 1 - - 2.541

BlakeCassels&GraydonLLP 10 2.368 225 1 - - 2.368


MorganLewis&BockiusLLP 12 1.632 155 1 - - 1.632

K&LGatesLLP 13 1.578 150 1 - - 1.578

SchiffHardinLLP 14 1.326 126 2 17 0.057 1.269



16 1.054 100 1 2 14.695 -13.641


17 0.670 64 1 - - 0.670

Covington&Burling 18 0.603 57 1 - - 0.603

GoodwinProcterLLP 19 0.595 57 1 1 30.418 -29.823

VenableLLP 20 0.145 14 1 - - 0.145

TOTAL 100% 9,503 32 100%

USEquityIPO:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount


CooleyLLP 2 5.85 3





SchiffHardinLLP 4 1.33 2



CozenO'Connor 8 0.08 1



8 0.67 1


GreenbergTraurigLLP 8 2.54 1


K&LGatesLLP 8 1.58 1

MorganLewis&BockiusLLP 8 1.63 1


SichenziaRossFerenceLLP 8 0.09 1


8 1.05 1



USEquityLinkedUSEquityLinked:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

MorganLewis&BockiusLLP 1 40.035 2,500 1 - - 40.035

K&LGatesLLP 2 18.416 1,150 1 3 13.404 5.012

GoodwinProcterLLP 3 8.808 550 1 - - 8.808

DLAPiperLLP 4 7.206 450 1 - - 7.206

Latham&WatkinsLLP 5 6.406 400 1 10 1.804 4.602

Barnes&Thornburg 6 4.404 275 1 - - 4.404


6 4.404 275 1 - - 4.404


PepperHamiltonLLP 9 2.302 144 1 - - 2.302

AshurstLLP 10 2.082 130 1 - - 2.082

GibsonDunn&Crutcher 11 1.681 105 1 - - 1.681

Vinson&ElkinsLLP 12 0.253 16 1 - - 0.253

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 6,245 11 100%

USEquityLinked:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

AshurstLLP 1 2.08 1

Barnes&Thornburg 1 4.40 1









1 4.40 1

PepperHamiltonLLP 1 2.30 1

Vinson&ElkinsLLP 1 0.25 1



USEquityLinkedUSEquityLinked:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)







Ropes&GrayLLP 7 5.508 550 1 - - 5.508

CahillGordon&Reindel 8 2.003 200 1 - - 2.003

White&CaseLLP 9 1.052 105 1 - - 1.052

PillsburyWinthropShawPittmanLLP

10 0.158 16 1 - - 0.158

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 9,985 18 100%

USEquityLinked:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount






PillsburyWinthropShawPittmanLLP

3 0.16 1







USCorporateBondsUSCorporateBonds:LegalAdviser-Issuer/BorrowerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)







6 4.114 17,844 23 8 3.748 0.366





Kirkland&Ellis 11 2.666 11,563 20 9 3.313 -0.647

FaegreBakerDanielsLLP 12 1.960 8,500 4 14 2.161 -0.201

MayerBrownLLP 13 1.833 7,950 10 18 1.719 0.114

Alston&BirdLLP 14 1.718 7,450 7 71 0.090 1.628


White&CaseLLP 16 1.648 7,150 9 13 2.273 -0.625

HoganLovellsUSLLP 17 1.535 6,658 15 38 0.571 0.964


FaegreDrinkerBiddle&ReathLLP 19 1.383 6,000 7 71 0.090 1.293

BracewellLLP 20 1.303 5,650 7 - - 1.303

TOTAL 100% 433,769 589 100%

USCorporateBonds:LegalAdviser-Issuer/BorrowerRankedbyDealCount

Firm RankMkt

Share(%)DealCount







5 4.11 23





Chapman&CutlerLLP 11 0.08 17



Goulston&Storrs 12 0.00 16



HodgsonRussLLP 16 0.01 14


JonesDay 19 1.14 10




USCorporateBondsUSCorporateBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)










Sullivan&Cromwell 10 3.585 16,900 13 10 2.920 0.665


LinklatersLLP 12 3.084 14,540 14 14 1.820 1.264


13 3.031 14,288 19 11 2.482 0.549

Allen&OveryLLP 14 2.408 11,350 14 5 6.681 -4.273

MayerBrownLLP 15 2.370 11,173 17 16 1.490 0.880

O'Melveny&MyersLLP 16 1.973 9,300 9 22 0.591 1.382

JonesDay 17 1.549 7,300 7 36 0.114 1.435


18 1.220 5,750 6 32 0.143 1.077

MilbankLLP 19 1.177 5,550 7 18 0.837 0.340

Alston&BirdLLP 20 1.167 5,500 6 32 0.143 1.024

TOTAL 100% 471,404 624 100%

USCorporateBonds:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount










OrrickHerrington&SutcliffeLLP 10 0.21 19


10 3.03 19






RobinsonBradshaw&HinsonPA 14 0.06 14

Trespasz&MarquardtLLP 14 0.01 14



20 0.03 11



USInvestmentGradeCorporateBondsUSInvestmentGradeCorporateBonds:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)








7 3.593 13,250 16 10 2.858 0.735




FaegreBakerDanielsLLP 11 2.305 8,500 4 11 2.652 -0.347

MayerBrownLLP 12 2.088 7,700 8 24 1.271 0.817

Kirkland&Ellis 13 2.034 7,500 12 14 2.099 -0.065


Alston&BirdLLP 15 1.898 7,000 6 - - 1.898


FaegreDrinkerBiddle&ReathLLP 17 1.627 6,000 7 - - 1.627

BracewellLLP 18 1.532 5,650 7 - - 1.532

WachtellLiptonRosen&Katz 19 1.403 5,175 6 40 0.424 0.979

SquireSanders 20 1.383 5,100 5 20 1.565 -0.182

TOTAL 100% 368,746 489 100%

USInvestmentGradeCorporateBonds:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount







Chapman&CutlerLLP 7 0.10 17



Goulston&Storrs 8 0.00 16



8 3.59 16

HodgsonRussLLP 13 0.01 14






JonesDay 19 1.27 9

WombleBondDickinsonUSLLP 19 1.04 9



USInvestmentGradeCorporateBondsUSInvestmentGradeCorporateBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)








Sullivan&Cromwell 8 4.000 16,550 12 9 3.565 0.435

ClearyGottliebSteen&Hamilton 9 3.353 13,875 16 10 3.468 -0.115


LinklatersLLP 11 2.946 12,190 9 16 1.394 1.552

MayerBrownLLP 12 2.673 11,060 16 14 1.809 0.864

Allen&OveryLLP 13 2.646 10,950 13 4 6.623 -3.977


14 2.278 9,425 12 11 2.911 -0.633

O'Melveny&MyersLLP 15 2.248 9,300 9 20 0.722 1.526


JonesDay 17 1.764 7,300 7 - - 1.764

Alston&BirdLLP 18 1.329 5,500 6 31 0.174 1.155

BakerBottsLLP 19 1.299 5,375 7 37 0.122 1.177


20 1.208 5,000 5 31 0.174 1.034

TOTAL 100% 413,788 529 100%

USInvestmentGradeCorporateBonds:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount







OrrickHerrington&SutcliffeLLP 6 0.23 19






RobinsonBradshaw&HinsonPA 12 0.07 14

Trespasz&MarquardtLLP 12 0.01 14



16 2.28 12



18 0.04 11


HawkinsDelafield&Wood 19 0.21 10



USHighYieldCorporateBondsUSHighYieldCorporateBonds:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




Kirkland&Ellis 4 7.451 4,063 8 2 10.299 -2.848


5 5.812 3,169 5 3 7.390 -1.578

White&CaseLLP 6 5.777 3,150 6 16 1.705 4.072

HoganLovellsUSLLP 7 4.585 2,500 3 - - 4.585


AkinGumpStraussHauer&FeldLLP

9 3.209 1,750 3 - - 3.209

SchulteRoth&ZabelLLP 9 3.209 1,750 2 22 1.137 2.072



12 2.842 1,550 2 13 2.842 0.000

Torys 13 1.994 1,088 2 45 0.174 1.820

KramerLevinNaftalis&Frankel 14 1.834 1,000 1 - - 1.834

NixonPeabodyLLP 14 1.834 1,000 1 - - 1.834


Dechert 17 1.559 850 1 25 0.995 0.564

Allen&OveryLLP 18 1.421 775 2 - - 1.421

Sullivan&Cromwell 19 1.375 750 1 14 2.463 -1.088

BlakeCassels&GraydonLLP 20 1.100 600 2 - - 1.100

TOTAL 100% 54,530 80 100%

USHighYieldCorporateBonds:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount







6 5.81 5



8 3.21 3







11 2.84 2

SchulteRoth&ZabelLLP 11 3.21 2

Torys 11 1.99 2

AZB&Partners 17 0.50 1



AssegafHamzah&Partners 17 0.40 1



USHighYieldCorporateBondsUSHighYieldCorporateBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)





4 8.219 4,188 5 16 0.646 7.573




LinklatersLLP 8 3.631 1,850 4 6 4.462 -0.831


PaulHastingsLLP 10 1.963 1,000 2 - - 1.963



12 1.472 750 1 - - 1.472

CadwaladerWickersham&Taft 13 1.374 700 1 - - 1.374

SidleyAustinLLP 14 1.084 552 2 23 0.141 0.943

Davidson&ShearLLC 15 0.981 500 1 - - 0.981

MilbankLLP 15 0.981 500 1 14 0.752 0.229

Sullivan&Cromwell 17 0.687 350 1 - - 0.687

WitaraCakraAdvocates 18 0.638 325 1 - - 0.638

Covington&Burling 19 0.147 75 1 22 0.188 -0.041

- - - - - - - -

TOTAL 100% 50,952 76 100%

USHighYieldCorporateBonds:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount






4 8.22 5





PaulHastingsLLP 10 1.96 2



CadwaladerWickersham&Taft 13 1.37 1


Davidson&ShearLLC 13 0.98 1


13 1.47 1



WitaraCakraAdvocates 13 0.64 1



USLoansUSLoans:LegalAdviser-LenderRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)








7 3.416 8,754 5 10 1.460 1.956

White&CaseLLP 8 3.200 8,200 11 8 1.598 1.602


9 2.341 6,000 1 14 0.641 1.700


MilbankLLP 11 1.775 4,549 8 20 0.409 1.366

Allen&OveryLLP 12 1.397 3,581 2 - - 1.397

Kirkland&Ellis 13 1.252 3,208 2 12 1.381 -0.129

Dentons 14 1.222 3,132 5 19 0.409 0.813



NortonRoseFulbrightLLP 17 0.936 2,399 6 43 0.088 0.848


Sullivan&Cromwell 19 0.819 2,100 1 - - 0.819

DLAPiperLLP 20 0.819 2,098 1 46 0.075 0.744

TOTAL 100% 256,267 275 100%

USLoans:LegalAdviser-LenderRankedbyDealCount

Firm RankMkt

Share(%)DealCount








MilbankLLP 8 1.78 8



Dentons 11 1.22 5


11 3.42 5


ThompsonHineLLP 14 0.22 4





Haynes&BooneLLP 17 0.20 2




USLoansUSLoans:LegalAdviser-BorrowerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Kirkland&Ellis 1 15.412 36,409 53 1 21.803 -6.391



3 10.747 25,389 16 4 4.525 6.222



White&CaseLLP 6 2.696 6,369 7 19 1.236 1.460





Ropes&GrayLLP 11 1.955 4,619 6 11 2.148 -0.193


12 1.748 4,128 5 32 0.684 1.064

Debevoise&PlimptonLLP 13 1.609 3,801 4 21 1.103 0.506





WeilGotshal&MangesLLP 18 1.449 3,423 5 7 3.067 -1.618

WinsteadPC 19 1.411 3,333 2 108 0.010 1.401

McCarthyTetrault 20 1.228 2,900 2 - - 1.228

TOTAL 100% 236,238 277 100%

USLoans:LegalAdviser-BorrowerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





4 10.75 16


5 1.14 9







11 1.75 5








PerkinsCoieLLP 13 0.28 4




USLeveragedLoansUSLeveragedLoans:LegalAdviser-LenderRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)





4 5.348 8,754 5 8 2.614 2.734

White&CaseLLP 5 4.772 7,810 10 9 2.140 2.632



Allen&OveryLLP 8 2.188 3,581 2 - - 2.188

Kirkland&Ellis 9 1.960 3,208 2 7 3.070 -1.110

CliffordChanceLLP 10 1.781 2,915 1 - - 1.781



Sullivan&Cromwell 13 1.283 2,100 1 - - 1.283

Dentons 14 1.104 1,807 4 16 0.570 0.534

MilbankLLP 15 1.059 1,734 4 21 0.366 0.693

DaviesWardPhillips&VinebergLLP

16 0.745 1,220 1 - - 0.745

King&SpaldingLLP 17 0.619 1,013 3 - - 0.619

GibsonDunn&Crutcher 18 0.519 850 1 59 0.008 0.511

HoganLovellsUSLLP 19 0.504 825 1 - - 0.504


20 0.489 800 1 56 0.020 0.469

TOTAL 100% 163,673 197 100%

USLeveragedLoans:LegalAdviser-LenderRankedbyDealCount

Firm RankMkt

Share(%)DealCount








7 5.35 5

Dentons 8 1.10 4

MilbankLLP 8 1.06 4




ThompsonHineLLP 11 0.21 3




Morrison&FoersterLLP 14 0.31 2


Shin&Kim 14 0.14 2

Arnold&PorterKayeScholerLLP

20 0.02 1



USLeveragedLoansUSLeveragedLoans:LegalAdviser-BorrowerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Kirkland&Ellis 1 18.887 29,059 48 1 15.000 3.887




4 9.001 13,849 7 10 2.530 6.471


White&CaseLLP 6 4.140 6,369 7 9 2.564 1.576

Ropes&GrayLLP 7 3.002 4,619 6 7 3.819 -0.817

Debevoise&PlimptonLLP 8 2.471 3,801 4 11 2.530 -0.059




WeilGotshal&MangesLLP 12 2.225 3,423 5 3 7.035 -4.810

SidleyAustinLLP 13 2.075 3,193 3 - - 2.075


14 2.003 3,081 3 19 1.524 0.479


15 1.708 2,628 8 5 4.493 -2.785

KramerLevinNaftalis&Frankel 16 1.365 2,100 1 - - 1.365

MilbankLLP 17 1.141 1,755 3 22 1.103 0.038

MorganLewis&BockiusLLP 18 1.140 1,754 2 28 0.699 0.441


McCarthyTetrault 20 1.072 1,650 1 - - 1.072

TOTAL 100% 153,855 196 100%

USLeveragedLoans:LegalAdviser-BorrowerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





4 1.71 8


5 9.00 7









WillkieFarr&Gallagher 11 2.41 4


15 2.00 3




18 0.49 2


GreenbergTraurigLLP 18 0.81 2



CanadaEquityOfferingsCanadaEquityOfferings:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

StikemanElliott 1 23.708 1,461 7 3 11.191 12.517

SimpsonThacher&Bartlett 2 15.456 953 1 - - 15.456

NortonRoseFulbrightLLP 3 12.129 748 1 - - 12.129


3 12.129 748 1 7 4.435 7.694


GoodmansLLP 6 4.756 293 1 23 0.178 4.578

OslerHoskin&HarcourtLLP 7 3.734 230 1 4 10.844 -7.110

FaskenMartineauDuMoulinLLP 8 2.924 180 3 16 0.763 2.161


9 2.890 178 1 25 0.160 2.730

ScudderLawFirmPC 10 2.473 152 1 - - 2.473

Torys 11 1.378 85 2 2 13.133 -11.755

Dentons 12 1.286 79 2 - - 1.286

BakerMcKenzie 13 1.210 75 1 27 0.100 1.110


StewartMcKelveyLLP 15 0.949 59 1 - - 0.949

WilsonSonsiniGoodrich&Rosati 16 0.736 45 1 - - 0.736

BennettJonesLLP 17 0.622 38 2 8 2.940 -2.318

McCarthyTetrault 18 0.568 35 1 19 0.427 0.141

FarrisVaughanWills&Murphy 19 0.565 35 2 - - 0.565

FoglerRubinoffLLP 20 0.529 33 2 14 1.225 -0.696

TOTAL 100% 6,163 49 100%

CanadaEquityOfferings:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount



FaskenMartineauDuMoulinLLP 3 2.92 3

BennettJonesLLP 4 0.62 2

BordenLadnerGervaisLLP 4 0.30 2

Dentons 4 1.29 2

FarrisVaughanWills&Murphy 4 0.57 2

FoglerRubinoffLLP 4 0.53 2

Lotz&Co 4 0.01 2

McMillanLLP 4 0.29 2

O'NeillLawCorp 4 0.06 2

Torys 4 1.38 2


BeadleRaven 13 0.00 1

BoughtonLawCorp 13 0.23 1

CasselsBrock&BlackwellLLP 13 0.01 1

ChitizPathakLLP 13 0.25 1


13 0.29 1


FoxRothschildLLP 13 0.09 1



CanadaEquityOfferingsCanadaEquityOfferings:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


DavisPolk&Wardwell 2 17.870 1,105 2 - - 17.870


3 16.351 1,011 2 5 7.659 8.692

BlakeCassels&GraydonLLP 4 9.081 562 6 2 23.324 -14.243

McCarthyTetrault 5 8.052 498 3 1 32.314 -24.262

StikemanElliott 6 3.892 241 4 3 8.213 -4.321

CooleyLLP 7 3.748 232 3 - - 3.748

Torys 8 3.722 230 1 6 4.722 -1.000


MorganLewis&BockiusLLP 10 1.206 75 1 19 0.099 1.107

BakerMcKenzie 11 0.566 35 1 10 1.878 -1.312

BordenLadnerGervaisLLP 12 0.562 35 2 11 1.254 -0.692

BennettJonesLLP 13 0.477 29 2 27 0.006 0.471

Dentons 14 0.450 28 2 - - 0.450

CasselsBrock&BlackwellLLP 15 0.248 15 1 8 3.638 -3.390

WildeboerDellelceLLP 16 0.226 14 1 - - 0.226


17 0.134 8 1 - - 0.134

DLAPiperLLP 18 0.134 8 1 9 2.335 -2.201

Loeb&LoebLLP 19 0.091 6 1 - - 0.091

MLTAikinsLLP 20 0.054 3 2 - - 0.054

TOTAL 100% 6,184 50 100%

CanadaEquityOfferings:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount






CooleyLLP 6 3.75 3


McCarthyTetrault 6 8.05 3




9 16.35 2


Dentons 9 0.45 2

MLTAikinsLLP 9 0.05 2




DumoulinBlackLLP 15 0.01 1

GetzPrinceWells 15 0.00 1




CanadaEquityIPOCanadaEquityIPO:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

StikemanElliott 1 41.649 1,112 2 1 72.814 -31.165


GoodmansLLP 3 10.980 293 1 4 1.616 9.364

FaskenMartineauDuMoulinLLP

4 5.708 152 1 - - 5.708


O'NeillLawCorp 6 0.131 3 2 - - 0.131

CasselsBrock&BlackwellLLP 7 0.030 0.80 1 - - 0.030

Lotz&Co 8 0.028 0.75 2 - - 0.028

TupperJonsson&Yeadon 9 0.019 0.50 1 - - 0.019

BennettJonesLLP 10 0.013 0.35 1 - - 0.013

BeadleRaven 11 0.011 0.30 1 - - 0.011

IrwinLowyLLP 12 0.010 0.26 1 - - 0.010

FarrisVaughanWills&Murphy 13 0.009 0.25 1 - - 0.009

Sui&Co 14 0.008 0.23 1 - - 0.008

MLTAikinsLLP 15 0.007 0.20 1 14 0.079 -0.072

SegevLLP 15 0.007 0.20 1 - - 0.007

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 2,670 17 100%

CanadaEquityIPO:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

Lotz&Co 1 0.03 2







FaskenMartineauDuMoulinLLP

4 5.71 1


IrwinLowyLLP 4 0.01 1


ScudderLawFirmPC 4 5.71 1

SegevLLP 4 0.01 1


Sui&Co 4 0.01 1

TupperJonsson&Yeadon 4 0.02 1



CanadaEquityIPOCanadaEquityIPO:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



2 35.681 953 1 - - 35.681


StikemanElliott 4 5.708 152 1 - - 5.708

MLTAikinsLLP 5 0.125 3 2 - - 0.125

HARPERGREYLLP 6 0.066 2 3 - - 0.066

MillerThomsonLLP 7 0.043 1 4 5 1.790 -1.747

DumoulinBlackLLP 8 0.013 0.35 1 7 0.698 -0.685

PushorMitchellLLP 9 0.010 0.26 1 13 0.079 -0.069

GetzPrinceWells 10 0.009 0.25 1 10 0.168 -0.159

PetersonMcVicarLLP 11 0.008 0.23 1 11 0.164 -0.156

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 2,670 17 100%

CanadaEquityIPO:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount







6 35.68 1



PetersonMcVicarLLP 6 0.01 1

PushorMitchellLLP 6 0.01 1




CanadaEquity&EquityLinkedCanadaEquity&EquityLinked:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)





3 12.129 748 1 9 3.316 8.813


GoodmansLLP 6 4.756 293 1 26 0.133 4.623




9 2.890 178 1 28 0.120 2.770


Torys 11 1.378 85 2 2 9.821 -8.443

Dentons 12 1.286 79 2 - - 1.286

BakerMcKenzie 13 1.210 75 1 30 0.075 1.135








TOTAL 100% 6,163 49 100%

CanadaEquity&EquityLinked:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount






Dentons 4 1.29 2



Lotz&Co 4 0.01 2



Torys 4 1.38 2







13 0.29 1


FoxRothschildLLP 13 0.09 1



CanadaEquity&EquityLinkedCanadaEquity&EquityLinked:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




3 16.755 1,041 3 7 5.761 10.994




CooleyLLP 7 3.730 232 3 - - 3.730

Torys 8 3.704 230 1 5 6.437 -2.733



BakerMcKenzie 11 0.563 35 1 12 1.412 -0.849



Dentons 14 0.448 28 2 - - 0.448


WildeboerDellelceLLP 16 0.225 14 1 10 1.835 -1.610


17 0.134 8 1 4 7.818 -7.684

DLAPiperLLP 18 0.133 8 1 11 1.756 -1.623

Loeb&LoebLLP 19 0.090 6 1 - - 0.090

MLTAikinsLLP 20 0.054 3 2 - - 0.054

TOTAL 100% 6,214 51 100%

CanadaEquity&EquityLinked:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount






CooleyLLP 6 3.73 3


6 16.76 3






Dentons 10 0.45 2










CanadaEquity,EquityLinked&PreferredCanadaEquity,EquityLinked&Preferred:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)





3 11.566 748 1 9 2.963 8.603


GoodmansLLP 6 4.536 293 1 26 0.119 4.417

Torys 7 3.635 235 3 3 12.163 -8.528




10 2.756 178 1 28 0.107 2.649



Dentons 13 1.226 79 2 - - 1.226

BakerMcKenzie 14 1.154 75 1 30 0.067 1.087







TOTAL 100% 6,463 51 100%

CanadaEquity,EquityLinked&Preferred:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount




Torys 3 3.63 3



Dentons 5 1.23 2



Lotz&Co 5 0.01 2










14 0.28 1




CanadaEquity,EquityLinked&PreferredCanadaEquity,EquityLinked&Preferred:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




3 16.360 1,041 3 7 5.495 10.865




CooleyLLP 7 3.642 232 3 - - 3.642

Torys 8 3.616 230 1 5 6.139 -2.523



BakerMcKenzie 11 0.550 35 1 13 1.347 -0.797



Dentons 14 0.437 28 2 - - 0.437


WildeboerDellelceLLP 16 0.220 14 1 11 1.750 -1.530


17 0.130 8 1 4 7.456 -7.326

DLAPiperLLP 18 0.130 8 1 12 1.675 -1.545

Loeb&LoebLLP 19 0.088 6 1 - - 0.088

MLTAikinsLLP 20 0.052 3 2 - - 0.052

TOTAL 100% 6,364 52 100%

CanadaEquity,EquityLinked&Preferred:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount






CooleyLLP 6 3.64 3


6 16.36 3






Dentons 10 0.44 2










CanadaCorporateBondsCanadaCorporateBonds:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


1 10.608 1,500 1 5 6.411 4.197

McCarthyTetrault 2 10.255 1,450 3 1 20.255 -10.000

Torys 2 10.255 1,450 5 4 9.758 0.497

StikemanElliott 4 9.017 1,275 3 3 15.820 -6.803

OslerHoskin&HarcourtLLP 5 7.779 1,100 3 2 17.151 -9.372



6 7.072 1,000 1 - - 7.072



NortonRoseFulbrightLLP 9 5.658 800 2 6 5.914 -0.256

CravathSwaine&Moore 11 4.597 650 1 - - 4.597

McGuireWoodsLLP 12 3.890 550 1 - - 3.890

AIRD&BerlisLLP 13 2.829 400 1 - - 2.829

GoodmansLLP 14 2.475 350 1 - - 2.475

BennettJonesLLP 15 2.122 300 1 - - 2.122

Shearman&SterlingLLP 16 1.768 250 1 - - 1.768

McMillanLLP 17 1.273 180 1 - - 1.273


BurnetDuckworth&Palmer 19 0.601 85 1 9 4.879 -4.278

- - - - - - - -

TOTAL 100% 14,140 30 100%

CanadaCorporateBonds:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

Torys 1 10.25 5







AIRD&BerlisLLP 8 2.83 1



BurnetDuckworth&Palmer 8 0.60 1



8 10.61 1



8 7.07 1







CanadaCorporateBondsCanadaCorporateBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CAD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

OslerHoskin&HarcourtLLP 1 16.880 2,180 4 1 21.205 -4.325

McCarthyTetrault 2 16.647 2,150 4 3 11.438 5.209

BlakeCassels&GraydonLLP 3 12.389 1,600 5 11 3.118 9.271



5 8.517 1,100 2 8 4.989 3.528

SidleyAustinLLP 6 7.743 1,000 1 - - 7.743

Latham&WatkinsLLP 7 5.033 650 1 - - 5.033

DavisPolk&Wardwell 8 4.259 550 1 - - 4.259

Allen&OveryLLP 9 3.871 500 1 9 3.742 0.129

GibsonDunn&Crutcher 9 3.871 500 1 6 6.237 -2.366

GoodmansLLP 9 3.871 500 2 9 3.742 0.129



- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 12,915 25 100%

CanadaCorporateBonds:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount






5 8.52 2











EMEAEquityIPOEMEAEquityIPO:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



RoschierAsianajotoimistoOy 3 12.740 198 1 - - 12.740

AdvokatfirmaetThommessenAS 4 4.568 71 1 - - 4.568

ConyersDill&Pearman 4 4.568 71 1 - - 4.568

SacranieGow&CoRealty 6 2.448 38 1 - - 2.448

Castren&Snellman 7 0.594 9 1 14 0.796 -0.202

CBR&Associes 8 0.477 7 1 - - 0.477

SetterwallsAdvokatbyraAB 9 0.338 5 1 11 2.671 -2.333

AdvokatfirmaetSelmerDA 10 0.238 4 1 - - 0.238

AdvokatfirmanTorngrenMagnellKommanditbola

10 0.238 4 1 - - 0.238

AdvokatfirmaetSchjodtAS 12 0.234 4 1 - - 0.234

HillDickinsonLLP 13 0.193 3 1 - - 0.193

GianniOrigoniGrippoCapelliPartners 14 0.093 1 1 - - 0.093

MarriottHarrison 14 0.093 1 1 - - 0.093

Drew&Napier 16 0.078 1 1 - - 0.078


NektorovSaveliev&Partners 16 0.078 1 1 - - 0.078

- - - - - - - -

- - - - - - - -

TOTAL 100% 1,556 13 100%

EMEAEquityIPO:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

AdvokatfirmaetSchjodtAS 1 0.23 1

AdvokatfirmaetSelmerDA 1 0.24 1

AdvokatfirmaetThommessenAS 1 4.57 1


1 0.24 1

CBR&Associes 1 0.48 1

Castren&Snellman 1 0.59 1


Drew&Napier 1 0.08 1

GianniOrigoniGrippoCapelliPartners

1 0.09 1

HillDickinsonLLP 1 0.19 1


LawFirmofSalahAl-Hejailan/The 1 44.97 1

MarriottHarrison 1 0.09 1

NektorovSaveliev&Partners 1 0.08 1

RoschierAsianajotoimistoOy 1 12.74 1

SacranieGow&CoRealty 1 2.45 1

SetterwallsAdvokatbyraAB 1 0.34 1




EMEAEquityIPOEMEAEquityIPO:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm Rank MktShare(%) Volume(USDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)




- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 776 3 100%

EMEAEquityIPO:LegalAdviser-ManagerRankedbyDealCount

Firm Rank MktShare(%) DealCount


BoreniusAttorneysLtd 1 25.56 1




EMEAEquityOfferingsEMEAEquityOfferings:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




LinklatersLLP 4 7.119 252 1 10 2.011 5.108

BakerMcKenzie 5 5.681 201 3 5 3.089 2.592

RoschierAsianajotoimistoOy 6 5.608 198 1 - - 5.608

CooleyLLP 7 4.730 167 3 20 0.739 3.991


AdvokatfirmaDLAPiperSwedenKB 9 3.880 137 1 - - 3.880

AdvokatfirmaetThommessenAS 10 3.011 106 3 - - 3.011

AdvokatfirmanVingeKB 11 2.290 81 2 - - 2.290


ConyersDill&Pearman 13 2.011 71 1 - - 2.011

AdvokatfirmanCederquistKB 14 1.753 62 1 - - 1.753

McDermottWill&EmeryLLPINC 15 1.500 53 2 40 0.016 1.484

SacranieGow&CoRealty 16 1.077 38 1 - - 1.077

ShibolethYisraeliRobertsZisman&Co

17 1.061 37 1 - - 1.061


18 0.704 25 2 29 0.086 0.618

GoldfarbSeligman&Co 19 0.569 20 1 28 0.145 0.424

AdvokatfirmanLindahl 20 0.524 19 1 - - 0.524

TOTAL 100% 3,535 45 100%

EMEAEquityOfferings:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

AdvokatfirmaetThommessenAS 1 3.01 3


CooleyLLP 1 4.73 3


SetterwallsAdvokatbyraAB 1 0.42 3


AdvokatfirmanVingeKB 6 2.29 2

McDermottWill&EmeryLLPINC 6 1.50 2


6 0.70 2

AGPAdvokaterAS 10 0.16 1

AdvokatfirmaDLAPiperSwedenKB 10 3.88 1

AdvokatfirmaetSelmerDA 10 0.10 1

AdvokatfirmanCederquistKB 10 1.75 1

AdvokatfirmanDelphi 10 0.37 1

AdvokatfirmanLindahl 10 0.52 1


10 0.10 1

AvanzaAB 10 0.08 1

CBR&Associes 10 0.21 1

CarterLedyard&MilburnLLP 10 0.36 1

Castren&Snellman 10 0.26 1



EMEAEquityOfferingsEMEAEquityOfferings:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

FreshfieldsBruckhausDeringer 1 17.410 880 2 9 2.060 15.350

LinklatersLLP 2 14.363 726 2 2 13.057 1.306


3 11.062 559 1 - - 11.062

Allen&OveryLLP 4 9.719 491 1 1 45.276 -35.557


White&CaseLLP 6 7.659 387 3 3 9.682 -2.023



BakerMcKenzie 9 3.801 192 3 18 0.283 3.518


10 3.001 152 1 - - 3.001


DLAPiperLLP 12 2.395 121 1 - - 2.395

RoschierAdvokatbyraAB 13 1.847 93 1 - - 1.847


Gornitzky&Co 15 1.619 82 4 23 0.091 1.528

Ropes&GrayLLP 16 1.579 80 1 - - 1.579

GideLoyretteNouel 17 0.989 50 1 - - 0.989

Covington&Burling 18 0.970 49 2 - - 0.970

WikborgRein&Co 19 0.594 30 1 - - 0.594

LowensteinSandlerLLP 20 0.416 21 1 - - 0.416

TOTAL 100% 5,052 31 100%

EMEAEquityOfferings:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

Gornitzky&Co 1 1.62 4





FreshfieldsBruckhausDeringer 5 17.41 2





BoreniusAttorneysLtd 8 3.92 1





8 11.06 1

GideLoyretteNouel 8 0.99 1

Gracin&MarlowLLP 8 0.20 1






AIMEquityOfferingsAIMEquityOfferings:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(GBP

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



2 9.965 1 1 - - 9.965

MarriottHarrison 2 9.965 1 1 - - 9.965

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 11 2 100%

AIMEquityOfferings:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount


1 9.97 1

MarriottHarrison 1 9.97 1






EuropeanBondsEuropeanBonds:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Allen&OveryLLP 1 19.444 19,127 42 1 18.774 0.670

White&CaseLLP 2 18.225 17,928 18 5 8.747 9.478


LinklatersLLP 4 8.513 8,374 18 3 13.393 -4.880

SlaughterandMay 5 5.300 5,213 7 30 0.185 5.115

MayerBrownLLP 6 4.823 4,745 5 - - 4.823



Kirkland&Ellis 9 1.942 1,910 3 28 0.210 1.732

HomburgerAG 10 1.917 1,886 3 15 0.760 1.157


UriaMenendezLawFirm 12 1.525 1,500 1 18 0.554 0.971

KZHHoldingCorp 13 1.271 1,250 1 - - 1.271

StudioLegaleRioloCalderaroCrisostomo

14 1.169 1,150 2 - - 1.169

ErsteGroupBank 15 1.141 1,123 1 - - 1.141

FreshfieldsBruckhausDeringer 16 1.032 1,015 3 11 1.344 -0.312

AdvokatfirmaetBAHRAS 17 0.996 979 4 - - 0.996

MannheimerSwartling 18 0.984 968 4 44 0.029 0.955

CravathSwaine&Moore 19 0.859 844 4 12 1.190 -0.331

ArthurCox 20 0.848 835 3 - - 0.848


TOTAL 100% 98,367 160 100%

EuropeanBonds:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





ClearyGottliebSteen&Hamilton

5 11.39 10

SlaughterandMay 6 5.30 7


AdvokatfirmaetBAHRAS 8 1.00 4


MagnussonAdvokatbyra 8 0.15 4

MannheimerSwartling 8 0.98 4

Stibbe 8 0.56 4


ArthurCox 14 0.85 3

FreshfieldsBruckhausDeringer

14 1.03 3

HomburgerAG 14 1.92 3


Simmons&Simmons 14 0.03 3

WolfTheiss 14 0.12 3

WombleBondDickinsonUSLLP

14 0.55 3



EuropeanBondsEuropeanBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Allen&OveryLLP 1 35.437 51,821 96 1 34.434 1.003

LinklatersLLP 2 19.508 28,527 42 2 17.330 2.178


White&CaseLLP 4 9.508 13,904 20 4 10.066 -0.558


Morrison&FoersterLLP 6 3.131 4,578 4 - - 3.131


WikborgRein&Co 8 1.635 2,391 1 - - 1.635



HengelerMueller 11 1.273 1,862 11 6 3.739 -2.466


FreshfieldsBruckhausDeringer 13 0.783 1,145 3 11 1.321 -0.538

SlaughterandMay 14 0.684 1,000 1 - - 0.684

HoganLovellsUSLLP 15 0.670 980 7 5 4.043 -3.373


16 0.581 850 2 14 1.060 -0.479

ChiomentiStudioLegale 17 0.513 750 1 - - 0.513

LacoroEfibancaSpA 17 0.513 750 1 - - 0.513

SimpsonThacher&Bartlett 19 0.431 631 2 7 3.669 -3.238

British&MalayanTrusteesLimited

20 0.402 588 1 - - 0.402

TOTAL 100% 146,235 242 100%

EuropeanBonds:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





HengelerMueller 5 1.27 11



Morrison&FoersterLLP 8 3.13 4


9 0.78 3




11 0.58 2


JonesDay 11 0.35 2


AdvokatfirmaetBAHRAS 16 0.01 1

AdvokatfirmaetThommessenAS

16 0.31 1


Albar&Partners 16 0.03 1

ArthurCox 16 0.03 1



EMEACorporateHighYieldBonds(incEM)EMEACorporateHighYieldBonds(incEM)-Risk:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Kirkland&Ellis 1 23.181 2,260 4 5 7.708 15.473

Allen&OveryLLP 2 19.443 1,896 4 10 4.065 15.378



4 6.469 631 2 - - 6.469


LinklatersLLP 5 5.128 500 1 2 22.304 -17.176

White&CaseLLP 7 3.590 350 1 9 4.133 -0.543


HengelerMueller 8 3.077 300 1 - - 3.077

MilbankLLP 8 3.077 300 1 - - 3.077

ArthurCox 11 2.757 269 1 - - 2.757


Arendt&Medernach 13 2.331 227 1 - - 2.331

Dentons 13 2.331 227 1 - - 2.331


LutherS.A. 16 1.709 167 1 - - 1.709

MayerBrownLLP 16 1.709 167 1 8 5.691 -3.982

Ropes&GrayLLP 16 1.709 167 1 - - 1.709

- - - - - - - -

- - - - - - - -

TOTAL 100% 9,750 21 100%

EMEACorporateHighYieldBonds(incEM)-Risk:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





3 6.47 2

Arendt&Medernach 5 2.33 1

ArthurCox 5 2.76 1


Dentons 5 2.33 1




LutherS.A. 5 1.71 1


MilbankLLP 5 3.08 1







EMEACorporateHighYieldBonds(incEM)EMEACorporateHighYieldBonds(incEM)-Risk:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Allen&OveryLLP 1 47.360 4,942 11 1 28.482 18.878

LinklatersLLP 2 18.632 1,944 4 9 3.832 14.800


3 8.145 850 2 - - 8.145

SimpsonThacher&Bartlett 4 7.799 814 3 10 3.134 4.665


MilbankLLP 6 4.648 485 2 7 5.812 -1.164

CliffordChanceLLP 7 3.354 350 1 2 16.424 -13.070

NautaDutilh 8 2.396 250 1 - - 2.396

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 10,435 25 100%

EMEACorporateHighYieldBonds(incEM)-Risk:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





4 8.15 2


MilbankLLP 4 4.65 2


NautaDutilh 7 2.40 1



EMEACorporateInvestmentGradeBonds(incEM)EMEACorporateInvestmentGradeBonds(incEM):LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


White&CaseLLP 2 24.188 5,000 4 7 4.544 19.644

LinklatersLLP 3 9.698 2,005 4 4 10.390 -0.692



Allen&OveryLLP 6 3.749 775 2 1 31.869 -28.120

DeBrauwBlackstoneWestbroek 7 3.628 750 1 - - 3.628

FreshfieldsBruckhausDeringer 7 3.628 750 1 6 5.688 -2.060

ArthurCox 9 2.737 566 2 - - 2.737

Shearman&SterlingLLP 10 2.419 500 1 11 1.567 0.852

MannheimerSwartling 11 2.265 468 3 18 0.115 2.150


SlaughterandMay 13 1.422 294 1 - - 1.422

WeilGotshal&MangesLLP 14 1.330 275 1 - - 1.330


15 1.302 269 1 5 7.313 -6.011

MatryMeiri&Co 16 0.470 97 1 - - 0.470

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 20,672 32 100%

EMEACorporateInvestmentGradeBonds(incEM):LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





MannheimerSwartling 5 2.26 3


ArthurCox 6 2.74 2


DeBrauwBlackstoneWestbroek 8 3.63 1

FreshfieldsBruckhausDeringer 8 3.63 1

MatryMeiri&Co 8 0.47 1



8 1.30 1






EMEACorporateInvestmentGradeBonds(incEM)EMEACorporateInvestmentGradeBonds(incEM):LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

White&CaseLLP 1 18.154 7,082 7 5 12.784 5.370


Allen&OveryLLP 3 16.194 6,318 15 2 16.970 -0.776


LinklatersLLP 5 12.330 4,810 7 3 13.749 -1.419

CahillGordon&Reindel 6 11.932 4,655 5 - - 11.932


7 2.884 1,125 2 12 0.924 1.960


Sullivan&Cromwell 9 1.410 550 1 11 1.109 0.301

HengelerMueller 10 1.282 500 1 10 1.309 -0.027

MayerBrownLLP 10 1.282 500 1 - - 1.282



AdvokatfirmanVingeKB 14 0.641 250 1 - - 0.641

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 39,012 56 100%

EMEACorporateInvestmentGradeBonds(incEM):LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount








7 2.88 2










WesternEuropeanCorporateHighYieldBondsWesternEuropeanCorporateHighYieldBonds-Risk:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Kirkland&Ellis 1 27.612 2,260 4 4 14.429 13.183

Allen&OveryLLP 2 16.548 1,354 2 7 7.610 8.938



4 7.706 631 2 - - 7.706


LinklatersLLP 5 6.108 500 1 - - 6.108

White&CaseLLP 7 4.276 350 1 6 7.737 -3.461





LutherS.A. 12 2.036 167 1 - - 2.036

MayerBrownLLP 12 2.036 167 1 - - 2.036

Ropes&GrayLLP 12 2.036 167 1 - - 2.036

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 8,185 17 100%

WesternEuropeanCorporateHighYieldBonds-Risk:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





2 7.71 2





LutherS.A. 5 2.04 1








WesternEuropeanCorporateHighYieldBondsWesternEuropeanCorporateHighYieldBonds-Risk:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%) Volume(EURMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

Allen&OveryLLP 1 50.165 3,220 6 3 15.775 34.390

SimpsonThacher&Bartlett

2 12.679 814 3 - - 12.679


LinklatersLLP 4 7.790 500 1 8 5.521 2.269

MilbankLLP 5 7.556 485 2 6 8.374 -0.818


NautaDutilh 7 3.895 250 1 - - 3.895

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 6,419 15 100%

WesternEuropeanCorporateHighYieldBonds-Risk:LegalAdviser-ManagerRankedbyDealCount





MilbankLLP 3 7.56 2



NautaDutilh 5 3.89 1



Sukuk&IslamicFinancingSukuk&IslamicFinancing:LegalAdviser-Issuer/BorrowerRankedbyVolume

Q12020 Q12019


Allen&OveryLLP 1 58.300 1,800 2 1 64.424 -6.124

AdnanSundra&Low 2 35.256 1,089 8 3 6.998 28.258

Albar&Partners 3 2.192 68 9 - - 2.192

Widyawan&Partners 4 2.052 63 3 - - 2.052

ShookLin&Bok 5 1.849 57 1 4 5.409 -3.560

HLTanLim&Partners 6 0.307 9 12 - - 0.307

SooThienMing&Nashrah

7 0.045 1 2 - - 0.045

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 3,088 37 100%

Sukuk&IslamicFinancing:LegalAdviser-Issuer/BorrowerRankedbyDealCount


HLTanLim&Partners 1 0.31 12


AdnanSundra&Low 3 35.26 8

Widyawan&Partners 4 2.05 3


SooThienMing&Nashrah 5 0.04 2

ShookLin&Bok 7 1.85 1



Sukuk&IslamicFinancingSukuk&IslamicFinancing:LegalAdviser-Manager/LenderRankedbyVolume

Q12020 Q12019


LinklatersLLP 1 43.751 2,250 2 - - 43.751

Allen&OveryLLP 2 27.223 1,400 3 2 16.519 10.704

AdnanSundra&Low 3 16.169 832 7 4 12.107 4.062

Dentons 4 6.426 330 4 9 2.233 4.193

ShearnDelamore&Co 5 2.232 115 3 15 0.190 2.042

ZulRafique&Partners 6 1.761 91 1 18 0.117 1.644

Albar&Partners 7 1.327 68 2 7 4.088 -2.761

HishamSobri&Kadir 8 1.110 57 1 10 1.418 -0.308

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 5,143 23 100%

Sukuk&IslamicFinancing:LegalAdviser-Manager/LenderRankedbyDealCount


AdnanSundra&Low 1 16.17 7

Dentons 2 6.43 4


ShearnDelamore&Co 3 2.23 3



HishamSobri&Kadir 7 1.11 1

ZulRafique&Partners 7 1.76 1



GCCSukukGCCSukuk:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019


Allen&OveryLLP 1 100.000 1,800 2 2 25.140 74.860

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 1,800 2 100%

GCCSukuk:LegalAdviser-IssuerRankedbyDealCount





GCCSukukGCCSukuk:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019


LinklatersLLP 1 61.644 2,250 2 - - 61.644

Allen&OveryLLP 2 38.356 1,400 3 1 48.327 -9.971

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 3,650 5 100%

GCCSukuk:LegalAdviser-ManagerRankedbyDealCount






EMEALoansEMEALoans:LegalAdviser-LenderRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Allen&OveryLLP 1 23.023 11,286 10 1 33.679 -10.656




LinklatersLLP 5 8.370 4,103 4 6 4.427 3.943



FreshfieldsBruckhausDeringer 8 2.938 1,440 1 24 0.354 2.584



10 2.256 1,106 1 - - 2.256


HoganLovellsUSLLP 12 1.853 908 1 20 0.510 1.343

WeilGotshal&MangesLLP 13 1.287 631 2 28 0.294 0.993

PaulHastingsLLP 14 1.228 602 1 - - 1.228

Dentons 15 0.937 459 3 10 1.233 -0.296

McCannFitzgerald 16 0.918 450 1 - - 0.918

GomezAcebo&Pombo 17 0.430 211 1 - - 0.430

EvershedsSutherlandLtd 18 0.409 200 1 25 0.350 0.059

MilbankLLP 19 0.398 195 1 16 0.671 -0.273

AshurstLLP 20 0.382 187 1 13 0.991 -0.609

TOTAL 100% 49,021 63 100%

EMEALoans:LegalAdviser-LenderRankedbyDealCount

Firm RankMkt

Share(%)DealCount






Dentons 6 0.94 3



AshurstLLP 9 0.38 1

Cases&LacambraSLU 9 0.01 1



EvershedsSutherlandLtd 9 0.41 1


9 2.94 1

GideLoyretteNouel 9 6.26 1

GomezAcebo&Pombo 9 0.43 1


McCannFitzgerald 9 0.92 1

MilbankLLP 9 0.40 1




EMEALoansEMEALoans:LegalAdviser-BorrowerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(EUR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



Kirkland&Ellis 3 11.220 4,570 6 23 0.626 10.594

Debevoise&PlimptonLLP 4 9.439 3,845 1 - - 9.439

Allen&OveryLLP 5 7.563 3,081 5 1 22.940 -15.377



HuntonAndrewsKurthLLP 8 4.448 1,812 1 - - 4.448

McCannFitzgerald 9 3.535 1,440 1 - - 3.535

White&CaseLLP 10 3.265 1,330 2 32 0.328 2.937

LinklatersLLP 11 3.029 1,234 2 6 5.407 -2.378


12 1.478 602 1 - - 1.478


ArthurCox 14 1.105 450 1 - - 1.105

MannheimerSwartling 15 0.927 378 1 - - 0.927


16 0.749 305 1 - - 0.749

AshurstLLP 17 0.683 278 2 - - 0.683

WillkieFarr&Gallagher 18 0.614 250 1 - - 0.614

SlaughterandMay 19 0.547 223 1 5 6.422 -5.875

DLAPiperLLP 20 0.492 200 1 18 1.116 -0.624

TOTAL 100% 40,734 45 100%

EMEALoans:LegalAdviser-BorrowerRankedbyDealCount

Firm RankMkt

Share(%)DealCount





AshurstLLP 5 0.68 2


HerbertSmithFreehills 5 17.36 2


UriaMenendezLawFirm 5 0.38 2


ArthurCox 11 1.10 1


Cuatrecasas 11 0.29 1



GKCPartners 11 0.32 1


11 0.75 1

GunerLawOffice 11 0.39 1





Asiaex-JapanEquityIPOAsiaex-JapanEquityIPO:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



JunHeLLP 3 6.516 1,038 7 15 1.733 4.783



4 4.380 698 1 11 3.090 1.290


ShanghaiUnitedLawFirm 7 3.249 518 1 - - 3.249

GrandallLawFirm 8 2.730 435 5 10 3.568 -0.838

ConyersDill&Pearman 9 1.883 300 21 8 3.723 -1.840

ChinaCommercialLawCo 10 1.865 297 4 - - 1.865

BeijingDHHLawFirm 11 1.494 238 2 - - 1.494

Maples&Calder 12 1.351 215 4 21 1.438 -0.087

BeijingDehengLaw 13 1.333 212 4 25 1.210 0.123

TianYuanLawFirm 14 1.293 206 2 5 4.895 -3.602

Allen&Gledhill 15 1.105 176 1 44 0.230 0.875

HunanQiyuanLawFirm 16 1.092 174 1 - - 1.092

BeijingJinKaiLawyers 17 1.001 159 1 - - 1.001

GFELawOffice 18 0.972 155 3 57 0.115 0.857

JiaYuanLawOffices 19 0.956 152 1 1 10.206 -9.250

Commerce&FinanceLawOffices 20 0.948 151 4 13 2.184 -1.236

TOTAL 100% 15,933 114 100%

Asiaex-JapanEquityIPO:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount




Appleby 4 0.34 9


JunHeLLP 6 6.52 7


Ogier 7 0.86 5





9 0.95 4


BeijingDentonsLawOfficesLLP

14 0.46 3



BeijingDHHLawFirm 17 1.49 2

BeijingGrandwayLawOffices 17 0.72 2

BeijingKangDaLawFirm 17 0.85 2

Bird&Bird 17 0.04 2



Asiaex-JapanEquityIPOAsiaex-JapanEquityIPO:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

FangdaPartners 1 19.325 1,219 4 22 1.422 17.903

Allen&OveryLLP 2 11.065 698 1 - - 11.065

CyrilAmarchandMangaldas 2 11.065 698 1 - - 11.065

TianYuanLawFirm 4 6.150 388 6 27 0.806 5.344


LlinksLawOffice 6 4.418 279 1 - - 4.418

JiaYuanLawOffices 7 3.736 236 1 12 2.888 0.848

King&WoodMallesons 8 2.845 179 4 35 0.379 2.466

JunHeLLP 9 2.818 178 2 24 1.385 1.433

MayerBrownLLP 10 2.580 163 1 - - 2.580


11 2.525 159 2 8 3.897 -1.372

BeijingDehengLaw 12 2.172 137 2 - - 2.172


Commerce&FinanceLawOffices 14 2.016 127 4 5 4.627 -2.611

Dechert 15 1.685 106 2 10 2.927 -1.242

Loeb&LoebLLP 16 1.272 80 3 - - 1.272

Chiu&Partners 17 1.151 73 3 26 0.948 0.203

ZhongLunLawFirm 18 1.134 71 6 42 0.273 0.861


EvershedsSutherlandLtd 20 0.930 59 1 - - 0.930

TOTAL 100% 6,307 58 100%

Asiaex-JapanEquityIPO:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount







Chiu&Partners 7 1.15 3

HowseWilliamsBowers 7 0.93 3






Dechert 11 1.69 2

Haiwen&Partners 11 0.72 2

JunHeLLP 11 2.82 2

ONCLawyers 11 0.37 2


11 2.52 2

AddleshawGoddard 19 0.14 1

AhammadJonaed&Partners 19 0.09 1



Asiaex-JapanEquityLinkedAsiaex-JapanEquityLinked:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

GrandallLawFirm 1 21.942 1,695 9 8 2.075 19.867

FreshfieldsBruckhausDeringer 2 14.421 1,114 1 - - 14.421



EYChen&CoLawFirm 5 5.230 404 1 - - 5.230

TianheLawFirm 6 5.156 398 1 - - 5.156


Dentons 8 4.438 343 1 1 34.711 -30.273

Jingtian&Gongcheng 9 4.278 330 1 22 0.270 4.008

AllbrightLawOffice 10 3.768 291 4 9 2.057 1.711

Broad&KenPartners 11 3.649 282 1 - - 3.649


12 3.042 235 1 - - 3.042


ChinaCommercialLawCo 14 1.509 117 1 11 1.048 0.461

LanternLawFirm 15 1.473 114 1 - - 1.473

ZhejiangT&CLawFirm 16 1.077 83 1 20 0.519 0.558

CapitalLaw&Partners 17 0.962 74 1 - - 0.962

ZhejiangL&HLawFirm 18 0.737 57 1 - - 0.737

BeijingDehengLaw 19 0.640 49 2 - - 0.640

BeijingKangDaLawFirm 20 0.555 43 1 12 1.016 -0.461

TOTAL 100% 7,725 40 100%

Asiaex-JapanEquityLinked:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount




JiaYuanLawOffices 3 5.02 2

KadirAndri&Partners 3 0.01 2



Broad&KenPartners 7 3.65 1

CapitalLaw&Partners 7 0.96 1



7 3.04 1


Dentons 7 4.44 1

EYChen&CoLawFirm 7 5.23 1


7 14.42 1

GlobalLawOffice 7 0.38 1


LanternLawFirm 7 1.47 1

ShanxiHengYiLawOffice 7 0.26 1




Asiaex-JapanEquityLinkedAsiaex-JapanEquityLinked:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019



LinklatersLLP 2 42.986 981 2 2 21.793 21.193


Teh&Lee 4 0.075 2 4 7 0.014 0.061

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 2,283 8 100%

Asiaex-JapanEquityLinked:LegalAdviser-ManagerRankedbyDealCount


Teh&Lee 1 0.08 4






Asiaex-JapanIssuerG3CurrencyBondsAsiaex-JapanIssuerG3CurrencyBonds:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

LinklatersLLP 1 21.723 12,723 25 1 29.239 -7.516


Allen&OveryLLP 3 11.560 6,770 11 3 7.506 4.054





7 2.590 1,517 4 25 0.417 2.173

MayerBrownLLP 8 2.242 1,313 6 18 0.625 1.617


King&WoodMallesons 10 2.055 1,203 6 5 4.639 -2.584


JiaYuanLawOffices 12 1.707 1,000 1 - - 1.707

PaulHastingsLLP 13 1.352 792 3 6 3.544 -2.192

Maples&Calder 14 1.320 773 6 - - 1.320

AliBudiardjoNugrohoReksodiputro 15 1.238 725 2 - - 1.238

FangdaPartners 15 1.238 725 5 18 0.625 0.613

FreshfieldsBruckhausDeringer 17 1.195 700 2 11 1.668 -0.473

Haiwen&Partners 18 1.138 667 4 - - 1.138

Walkers 18 1.138 667 4 - - 1.138

Ogier 20 0.959 562 7 - - 0.959

TOTAL 100% 58,568 120 100%

Asiaex-JapanIssuerG3CurrencyBonds:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount







Ogier 6 0.96 7





JunHeLLP 11 0.85 5

Haiwen&Partners 13 1.14 4



13 2.59 4

Walkers 13 1.14 4




AliBudiardjoNugrohoReksodiputro

20 1.24 2



Asiaex-JapanIssuerG3CurrencyBondsAsiaex-JapanIssuerG3CurrencyBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Allen&OveryLLP 1 24.114 14,513 26 2 17.017 7.097

LinklatersLLP 2 22.223 13,375 36 1 29.263 -7.040








9 2.212 1,331 2 9 2.687 -0.475

JunHeLLP 10 2.010 1,210 7 - - 2.010


11 1.495 900 4 - - 1.495


ZhongLunLawFirm 13 0.831 500 2 - - 0.831


PaulHastingsLLP 15 0.582 350 1 - - 0.582

WitaraCakraAdvocates 16 0.540 325 1 - - 0.540

FreshfieldsBruckhausDeringer 17 0.498 300 1 - - 0.498


AllbrightLawOffice 19 0.312 188 2 - - 0.312

Jingtian&Gongcheng 20 0.249 150 2 20 0.090 0.159

Maples&Calder 21 0.166 100 1 - - 0.166

MayerBrownLLP 22 0.083 50 1 11 1.791 -1.708

- - - - - - - -

TOTAL 100% 60,186 126 100%

Asiaex-JapanIssuerG3CurrencyBonds:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount








JunHeLLP 8 2.01 7



10 1.50 4




12 2.21 2






18 0.50 1





SingaporeDollarBondsSingaporeDollarBonds:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm Rank MktShare(%) Volume(SGDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

Allen&Gledhill 1 62.402 2,000 5 1 87.831 -25.429

WongPartnershipLLP 2 15.991 512 3 - - 15.991

Rajah&Tann 3 6.240 200 1 - - 6.240


Maples&Calder 4 5.148 165 1 - - 5.148

SlaughterandMay 6 2.730 88 1 - - 2.730

ShookLin&Bok 7 2.340 75 1 5 2.224 0.116

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 3,205 11 100%

SingaporeDollarBonds:LegalAdviser-IssuerRankedbyDealCount



WongPartnershipLLP 2 15.99 3



Rajah&Tann 3 6.24 1

ShookLin&Bok 3 2.34 1




SingaporeDollarBondsSingaporeDollarBonds:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm Rank MktShare(%) Volume(SGDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

Allen&Gledhill 1 62.874 1,575 8 6 4.167 58.707

Allen&OveryLLP 2 20.958 525 3 2 14.583 6.375

LinklatersLLP 3 13.174 330 1 4 6.250 6.924


- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 2,505 13 100%

SingaporeDollarBonds:LegalAdviser-ManagerRankedbyDealCount








ChinaEquityIPOChinaEquityIPO:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(CNY

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


ZhongLunLawFirm 2 13.234 10,690 10 3 14.754 -1.520

JunHeLLP 3 8.381 6,770 4 9 2.639 5.742

GlobalLawOffice 4 5.339 4,313 1 - - 5.339

ShanghaiUnitedLawFirm 5 4.416 3,567 1 - - 4.416

GrandallLawFirm 6 3.742 3,023 5 5 7.848 -4.106

ChinaCommercialLawCo 7 2.511 2,028 3 - - 2.511

BeijingDHHLawFirm 8 2.034 1,643 1 - - 2.034

BeijingDehengLaw 9 1.798 1,452 3 10 2.628 -0.830

HunanQiyuanLawFirm 10 1.514 1,223 1 - - 1.514

BeijingJinKaiLawyers 11 1.381 1,115 1 - - 1.381

JiaYuanLawOffices 12 1.332 1,076 1 1 22.878 -21.546

GFELawOffice 13 1.266 1,023 1 - - 1.266

TianYuanLawFirm 14 1.216 982 1 6 5.845 -4.629

BeijingKangDaLawFirm 15 1.164 940 2 - - 1.164

AllbrightLawOffice 16 1.047 846 2 - - 1.047

BeijingGrandwayLawOffices

17 0.994 803 2 14 1.083 -0.089

TianheLawFirm 18 0.888 717 1 - - 0.888

ShuJinLawFirm 19 0.778 629 1 - - 0.778

BeijingZhongruiLawFirm 20 0.597 482 1 - - 0.597

TOTAL 100% 80,775 52 100%

ChinaEquityIPO:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%) DealCount




JunHeLLP 4 8.38 4




BeijingGrandwayLawOffices

7 0.99 2


BeijingDHHLawFirm 10 2.03 1

BeijingJinKaiLawyers 10 1.38 1

BeijingZhongruiLawFirm 10 0.60 1

C&TPartners 10 0.46 1

ChengyiLawFirm 10 0.59 1



GuangxinLawyers 10 0.51 1

HunanQiyuanLawFirm 10 1.51 1


LongAnLawFirm 10 0.45 1



IndiaEquityOfferingsIndiaEquityOfferings:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(INR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

AZB&Partners 1 23.408 72,000 1 - - 23.408

LinklatersLLP 1 23.408 72,000 1 - - 23.408

CyrilAmarchandMangaldas 3 17.753 54,606 3 2 25.880 -8.127

Latham&WatkinsLLP 4 16.832 51,774 1 - - 16.832


4 16.832 51,774 1 1 26.057 -9.225

Khaitan&Co 6 1.626 5,000 1 4 11.697 -10.071

MMJC&AssociatesLLP 7 0.060 184 2 - - 0.060

JMukherjee&Associates 8 0.027 83 2 - - 0.027

DRCLegal&Associates 9 0.026 80 1 - - 0.026

MVKini&Co 10 0.012 38 1 9 0.961 -0.949

VedantaLawChambers 11 0.010 31 1 17 0.023 -0.013

AshaAgarwal&Associates 12 0.007 20 1 - - 0.007

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 307,591 14 100%

IndiaEquityOfferings:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

CyrilAmarchandMangaldas 1 17.75 3

JMukherjee&Associates 2 0.03 2

MMJC&AssociatesLLP 2 0.06 2

AZB&Partners 4 23.41 1

AshaAgarwal&Associates 4 0.01 1

DRCLegal&Associates 4 0.03 1

Khaitan&Co 4 1.63 1



MVKini&Co 4 0.01 1


4 16.83 1

VedantaLawChambers 4 0.01 1



IndiaEquityOfferingsIndiaEquityOfferings:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(INR

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



1 23.441 72,000 1 - - 23.441

CyrilAmarchandMangaldas 3 18.321 56,274 2 - - 18.321

Allen&OveryLLP 4 16.856 51,774 1 - - 16.856

HerbertSmithFreehills 5 6.671 20,490 1 - - 6.671

IndusLawAdvocates 5 6.671 20,490 1 - - 6.671

DuaneMorris&SelvamLLP 7 1.628 5,000 1 6 5.684 -4.056

SquireSanders 8 1.465 4,500 1 5 9.561 -8.096

CliffordChanceLLP 9 0.753 2,313 1 - - 0.753

S&RAssociates 9 0.753 2,313 1 1 29.372 -28.619

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 307,154 6 100%

IndiaEquityOfferings:LegalAdviser-ManagerRankedbyDealCount

Firm RankMkt

Share(%)DealCount




DuaneMorris&SelvamLLP 2 1.63 1


IndusLawAdvocates 2 6.67 1


S&RAssociates 2 0.75 1


2 23.44 1

SquireSanders 2 1.47 1



Australia/NewZealandEquity&RightsOfferingsAustralia/NewZealandEquity&RightsOfferings:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Allens 1 47.629 1,042 3 - - 47.629

HerbertSmithFreehills 2 42.176 923 4 - - 42.176

DLAPiperLLP 3 2.584 57 3 14 0.667 1.917

BryanCaveLeightonPaisnerLLP 4 2.238 49 1 - - 2.238


JohnsonWinter&Slattery 6 0.811 18 1 - - 0.811

SteinepreisPaganin 7 0.665 15 6 - - 0.665

MurciaPestellHillard 8 0.374 8 1 - - 0.374

HWLEbsworthLawyers 9 0.328 7 5 7 3.057 -2.729

Gilbert+Tobin 10 0.307 7 1 2 17.120 -16.813

K&LGatesLLP 11 0.195 4 1 - - 0.195

HenryWilliamLawyers 12 0.153 3 1 - - 0.153

MiningAccessLegalPtyLtd 12 0.153 3 1 - - 0.153

BarclayPearceCorporateLawyersPtyLtd

14 0.127 3 1 - - 0.127

FieldfisherLLP 15 0.092 2 1 - - 0.092

Anzarut&PartnersPtyLtd 16 0.080 2 1 - - 0.080

BarrosSilvaVarela&Vigil 17 0.071 2 1 - - 0.071

BlackwallLegalLLP 18 0.031 0.67 1 - - 0.031

- - - - - - - -

- - - - - - - -

TOTAL 100% 2,188 28 100%

Australia/NewZealandEquity&RightsOfferings:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount

SteinepreisPaganin 1 0.66 6

HWLEbsworthLawyers 2 0.33 5


Allens 4 47.63 3


Anzarut&PartnersPtyLtd 6 0.08 1


6 0.13 1

BarrosSilvaVarela&Vigil 6 0.07 1

BlackwallLegalLLP 6 0.03 1

BryanCaveLeightonPaisnerLLP 6 2.24 1

FieldfisherLLP 6 0.09 1

Gilbert+Tobin 6 0.31 1

HenryWilliamLawyers 6 0.15 1


JohnsonWinter&Slattery 6 0.81 1


MiningAccessLegalPtyLtd 6 0.15 1

MurciaPestellHillard 6 0.37 1



Australia/NewZealandEquity&RightsOfferingsAustralia/NewZealandEquity&RightsOfferings:LegalAdviser-ManagerRankedbyVolume

Q12020 Q12019


Gilbert+Tobin 1 58.521 610 3 2 33.416 25.105


Allen&OveryLLP 3 9.629 100 1 - - 9.629

HerbertSmithFreehills 4 4.165 43 1 1 39.015 -34.850

ClaytonUtz 5 1.392 15 1 - - 1.392

HWLEbsworthLawyers 6 0.256 3 1 - - 0.256

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 1,042 7 100%

Australia/NewZealandEquity&RightsOfferings:LegalAdviser-ManagerRankedbyDealCount




ClaytonUtz 2 1.39 1






Australia/NewZealandMid-MarketEquity&RightsAustralia/NewZealandMid-MarketEquity&Rights:LegalAdviser-IssuerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

HerbertSmithFreehills 1 30.499 50 2 - - 30.499


JohnsonWinter&Slattery 3 10.822 18 1 - - 10.822

SteinepreisPaganin 4 7.085 12 5 - - 7.085

DLAPiperLLP 5 4.624 8 2 6 4.235 0.389

HWLEbsworthLawyers 6 4.374 7 5 2 19.421 -15.047

Gilbert+Tobin 7 4.090 7 1 9 3.496 0.594

K&LGatesLLP 8 2.607 4 1 - - 2.607

HenryWilliamLawyers 9 2.041 3 1 - - 2.041

MiningAccessLegalPtyLtd 9 2.041 3 1 - - 2.041


11 1.699 3 1 - - 1.699

FieldfisherLLP 12 1.232 2 1 - - 1.232

Anzarut&PartnersPtyLtd 13 1.070 2 1 - - 1.070

BarrosSilvaVarela&Vigil 14 0.953 2 1 - - 0.953

BlackwallLegalLLP 15 0.411 0.67 1 - - 0.411

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 164 20 100%

Australia/NewZealandMid-MarketEquity&Rights:LegalAdviser-IssuerRankedbyDealCount

Firm RankMkt

Share(%)DealCount


SteinepreisPaganin 1 7.09 5



Anzarut&PartnersPtyLtd 5 1.07 1


5 1.70 1

BarrosSilvaVarela&Vigil 5 0.95 1

BlackwallLegalLLP 5 0.41 1

FieldfisherLLP 5 1.23 1


HenryWilliamLawyers 5 2.04 1


JohnsonWinter&Slattery 5 10.82 1


MiningAccessLegalPtyLtd 5 2.04 1



APACex-JapanLoansAPACex-JapanLoans:LegalAdviser-BorrowerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%) MktShareChg(%)

BakerMcKenzie 1 18.960 2,555 5 - - 18.960

White&CaseLLP 2 12.220 1,647 2 - - 12.220

Allens 3 7.366 993 4 1 13.908 -6.542

Luthra&LuthraLawOffices 4 6.741 909 1 - - 6.741

AshurstLLP 5 5.055 681 3 4 7.051 -1.996

LinklatersLLP 6 3.450 465 2 - - 3.450

Trowers&Hamlins 7 3.207 432 1 - - 3.207


Kim&Chang 9 2.820 380 3 3 7.809 -4.989

DermotRoss&Co 10 2.713 366 1 48 0.124 2.589

Shin&Kim 11 2.381 321 3 15 2.256 0.125

BellGully 12 2.305 311 3 19 1.560 0.745

FirstAttorneysatLaw 13 2.124 286 1 - - 2.124

WongPartnershipLLP 14 2.106 284 2 11 3.320 -1.214

VincibleLawOffice 15 1.999 269 3 51 0.059 1.940


CyrilAmarchandMangaldas

17 1.874 253 2 - - 1.874

ChapmanTripp 18 1.866 252 2 7 4.303 -2.437

BuddleFindlay 19 1.792 241 1 45 0.149 1.643


TOTAL 100% 13,478 57 100%

APACex-JapanLoans:LegalAdviser-BorrowerRankedbyDealCount

Firm RankMkt

Share(%)DealCount


Allens 2 7.37 4

AshurstLLP 3 5.05 3

BellGully 3 2.30 3

Kim&Chang 3 2.82 3

Shin&Kim 3 2.38 3

VincibleLawOffice 3 2.00 3

ChapmanTripp 8 1.87 2


Daeryook&AJU 8 0.84 2






AmicusAdocates&Solicitors 16 0.49 1

BuddleFindlay 16 1.79 1

Chen&AssociatesAttorneysatLaw

16 0.94 1

DermotRoss&Co 16 2.71 1

FirstAttorneysatLaw 16 2.12 1



APACex-JapanLoansAPACex-JapanLoans:LegalAdviser-LenderRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

BakerMcKenzie 1 11.779 3,614 13 1 9.436 2.343

Allen&OveryLLP 2 7.201 2,209 4 5 5.754 1.447

Lee&Ko 3 7.179 2,203 10 2 8.251 -1.072

LinklatersLLP 4 6.296 1,932 3 9 3.288 3.008


Lee&LiAttorneysatLaw 6 4.844 1,486 1 28 0.763 4.081

WatsonFarley&Williams 6 4.844 1,486 1 - - 4.844

White&CaseLLP 8 4.389 1,347 6 16 1.872 2.517

Shin&Kim 9 3.637 1,116 6 7 4.991 -1.354



11 2.962 909 1 15 2.019 0.943

Allen&Gledhill 12 2.747 843 2 17 1.858 0.889

ClaytonUtz 13 2.362 725 2 53 0.165 2.197

BaeKim&Lee 14 2.058 631 5 35 0.464 1.594

Kim&Chang 15 1.994 612 2 13 2.398 -0.404

HoganLovellsUSLLP 16 1.956 600 1 45 0.249 1.707

CyrilAmarchandMangaldas 17 1.663 510 2 4 7.221 -5.558

BellGully 18 1.583 486 2 70 0.052 1.531

LinkLegalIndiaLawServices 19 1.561 479 2 - - 1.561

PioneerLawAssociates 20 1.450 445 1 - - 1.450

TOTAL 100% 30,678 112 100%

APACex-JapanLoans:LegalAdviser-LenderRankedbyDealCount

Firm RankMkt

Share(%)DealCount


Lee&Ko 2 7.18 10

Shin&Kim 3 3.64 6


BaeKim&Lee 5 2.06 5




VincibleLawOffice 6 0.98 4

AshurstLLP 10 0.91 3



RussellMcVeagh 10 1.19 3


Allens 14 0.73 2

BellGully 14 1.58 2

Chen&AssociatesAttorneysatLaw

14 1.06 2

ClaytonUtz 14 2.36 2





SingaporeBorrowerLoansSingaporeBorrowerLoans:LegalAdviser-BorrowerRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%) Volume(USDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)

WongPartnershipLLP 1 58.666 284 2 3 25.143 33.523

SimpsonThacher&Bartlett

2 41.334 200 1 - - 41.334

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 484 3 100%

SingaporeBorrowerLoans:LegalAdviser-BorrowerRankedbyDealCount






SingaporeBorrowerLoansSingaporeBorrowerLoans:LegalAdviser-LenderRankedbyVolume

Q12020 Q12019

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Allen&Gledhill 1 67.756 843 2 1 29.837 37.919

CadwaladerWickersham&Taft

2 16.082 200 1 - - 16.082

WongPartnershipLLP 3 11.534 143 1 2 16.952 -5.418

EvershedsSutherlandLtd 4 4.628 58 1 - - 4.628

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 1,244 5 100%

SingaporeBorrowerLoans:LegalAdviser-LenderRankedbyDealCount

Firm RankMkt

Share(%)DealCount


CadwaladerWickersham&Taft

2 16.08 1

EvershedsSutherlandLtd 2 4.63 1




SouthKoreaBorrowerLoanSouthKoreaBorrowerLoans:LegalAdviser-BorrowerRankedbyVolume

Q12020 Q12019


Kim&Chang 1 31.263 380 3 1 36.977 -5.714


Shin&Kim 3 20.090 244 2 3 9.220 10.870

MamoTCVAdvocates 4 9.603 117 1 - - 9.603

Daeryook&AJU 5 9.294 113 2 - - 9.294

Lee&Ko 6 6.201 75 1 2 23.729 -17.528

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 1,216 9 100%

SouthKoreaBorrowerLoans:LegalAdviser-BorrowerRankedbyDealCount


Kim&Chang 1 31.26 3


Shin&Kim 2 20.09 2


Lee&Ko 4 6.20 1

MamoTCVAdvocates 4 9.60 1



SouthKoreaBorrowerLoanSouthKoreaBorrowerLoans:LegalAdviser-LenderRankedbyVolume

Q12020 Q12019


Lee&Ko 1 39.815 2,203 10 1 44.162 -4.347

Shin&Kim 2 17.399 962 5 2 26.040 -8.641

BaeKim&Lee 3 11.413 631 5 7 2.485 8.928

Kim&Chang 4 11.058 612 2 3 12.847 -1.789


YujunLaw 6 5.120 283 1 14 0.312 4.808

Seyeon 7 4.574 253 2 16 0.216 4.358

MinjuLawGroup 8 2.305 127 1 5 2.751 -0.446

JinwoonLaw 9 1.814 100 1 - - 1.814

DongInLawGroup 10 0.916 51 1 - - 0.916

Daeryook&AJU 11 0.411 23 1 - - 0.411

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 5,532 30 100%

SouthKoreaBorrowerLoans:LegalAdviser-LenderRankedbyDealCount


Lee&Ko 1 39.82 10

BaeKim&Lee 2 11.41 5

Shin&Kim 2 17.40 5

Kim&Chang 4 11.06 2

Seyeon 4 4.57 2


DongInLawGroup 6 0.92 1


JinwoonLaw 6 1.81 1

MinjuLawGroup 6 2.30 1

YujunLaw 6 5.12 1

Bloomberg – League Tables Criteria

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

General Guidelines

Credit is based on the total amount of the offering sold to the public. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers; unless full, explicit breakdown of bookrunning is provided by an involved party. Regional and local tables are identified based on factors such as currency, market of issuer and/or country of risk/incorporation.

Fixed Income

All transactions must have a maturity/call/put option of minimum 18 months. Make-whole call and provisional call/put are exempted from this rule. Note: Criteria may vary for some local and/or regional tables. USD denominated 144A/REG S issues are credited 100% to the 144A tranche and 0% to the REG S tranche. Non-USD denominated 144A/REG S issues are credited 100% to the REG S tranche and 0% to the 144A tranche. Self-led transactions are included. New money portions of exchange offers are eligible for credit.

Exclusions: Accredited investor tranches, asset-backed issues, auction note agencies, collateralized bond obligations, collateralized loan obligations, commercial paper, municipal bonds, mortgage-backed issues, remarketed issues, repackaged bonds, government borrowing scheme retained bonds, variable principal redemption issues, variable interest equity-linked issues, and credit linked notes, selling group agency issues, strips, units, warrants, self-led under USD 50 million. Note: Criteria may vary for some local and/or regional tables.

Equities-Linked

Equity-linked transactions: Convertible bonds, convertible preferred stock and exchangeable bonds. Only issues that mature and are callable/puttable in 12 months or longer are included. Make-whole call, provisional call and provisional put are exempted from this rule. Convertible bonds with attached warrants are included. These are defined as synthetic convertibles with the combination of a fixed income instrument and warrants which can be converted into shares. The embedded warrant can be detachable or non-detachable but the bond and the warrant must be sold as a unit, i.e. there cannot be separate book building for the warrant and the bond.

Exclusions: Redemption-linked instruments, reverse convertibles or similar instruments, synthetics convertibles, issues convertible into participation in an underlying fund or investment trust, pre-IPO convertible instruments, certain lower hierarchy titles, i.e. Jr Bookrunner.

Equities

Equity market transactions: Initial public offerings, additional offerings of common stocks, units, and depositary receipts (ADRs, GDRs, etc) and rights offerings.

Exclusions: Non-underwritten/best efforts, privately placed transactions, funds, self-led, preferred offerings, pre-negotiated offerings, certain lower hierarchy titles, i.e. Jr Bookrunner. Note: Criteria may vary for some local and/or regional tables.

Bloomberg – League Tables Criteria

Loans

Includes executed syndicated loans transactions. Full credit is awarded to the banks satisfying the highest of the titles. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers. Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only: maturity extensions of three months or more, incremental basis for increased in deal size, reduction in pricing, full release of collateral.

Exclusions: Bilateral transactions, transactions with a maturity of less than three months, loans withdrawn prior to signing, amended or restated securitizations, receivable and guarantee facilities, loan pacts, and standalone guarantee facilities/letters of credit.

US Municipals

Standard published tables will award deal credit based on true economic credit as reported by the issuer or the bookrunner. In absence of reported economic credit, 100% will be assigned to the bookrunner.

Dollar value of credit will be assigned based on the percentage allocation reported for economic credit (or designated by the user in a custom table) and applied against the total par value of the bonds issued. Zero coupon bonds (CABS) or intermediate appreciation bonds (convertible CABs) will be included at the market value (accreted value) on the interest accrual date.

All debt issued by municipal issuers will be eligible for league credit. Taxable and tax-exempt debt is eligible for league credit unless a table includes specific tax type criteria. “Tax-exempt” is defined as federally tax-exempt and includes bonds subject to AMT and bonds designated as Bank Qualified.

Each table is provided in three formats. “Economic Credit” displays rankings based on true economic credit allocations of applicable deals. “Left Lead” assigns 100% credit to the bookrunner and 0% to all other syndicate participants. “Deal Count” displays rankings based on deal quantity rather than aggregate economic credit amounts. A “deal” refers to the aggregate series within an issuance led by a particular underwriter or syndicate. For example: a $50 million issuance is split into three series- a $10 million Series A, a $20 million Series B, and a $20 million Series C. Bank 1 is the underwriter of Series A & B, while Bank 2 is the underwriter of Series C. Bank 1 would have one “deal” worth $30 million, and Bank 2 would have one “deal” worth $20 million.

Exclusions: Derivatives, private placements, variable rate preferred securities, municipal commercial paper, and remarketings are excluded from municipal league table eligibility.

The full version of Bloomberg’s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on

LEAG<GO>.

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

Documents

Bloomberg Finance L.P. - GLOBAL LEGAL ADVISERS...Latham & Watkins LLP 9 2.855 2,557 12 15 2.094 0.761 Clifford Chance LLP 10 2.680 2,400 5 25 0.984 1.696 Paul Weiss Rifkind Wharton