Ranking tables

SPACs | USA

USA - Nationwide

This area focuses on the legal advice required for taking a Special Purpose Acquisition Company public. Firms often act for issuers and underwriters, as well as other interested parties, in this alternative to a traditional IPO and assist in taking these shell companies public, ensuring that the SPAC is able to complete this equity capital markets transaction while securing enough capital to target a separate company for acquisition. Also includes de-SPACs, often known as a back-door M&A, where a blank-check company and the target complete the purpose of the SPAC so that it is no longer an empty shell but a functioning company, in essence, elevating the target to a public and functioning company with the advantages of the financing and structure of the initial SPAC. Practitioners frequently act for the SPAC or the target in the transaction. Lawyers often stem from the capital markets and M&A sectors but will be specialists in this particular product.

Rankings overview for Departments

All Departments profiles

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Band 1
  1. Kirkland & Ellis LLP
    1
    Kirkland & Ellis LLP
    SPACs
    2023 | Band 1 | 3 Years Ranked
    Kirkland & Ellis is a strong team renowned for its work on traditional IPOs and in advising SPACs on their route to market. Attorneys at Kirkland are also recognized for capabilities in high-yield and investment-grade transactions. The firm brings together a suite of specializations across the firm to provide the debt and equity practice with well-rounded support. It acts for clients across a range of industries and is a popular choice for private equity funds engaging in complex capital markets transactions.
  2. Ropes & Gray LLP
    1
    Ropes & Gray LLP
    SPACs
    2023 | Band 1 | 3 Years Ranked
    Ropes & Gray has a broad experience handling complex debt and equity matters. Clients range from private equity outfits and investment banks to corporates, including high-end companies operating in the healthcare, biotechnology, and pharmaceutical sectors. The firm is particularly acknowledged for its expertise in equity transactions, including SPACs, and is often called upon to advise technology and life sciences companies.
  3. Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
    1
    Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
    SPACs
    2023 | Band 1 | 3 Years Ranked
    Skadden is a well-regarded capital markets team, able to bring significant prowess in the full range of debt and equity securities offerings. The firm acts for a broad client list that includes investment banks and private equity firms, as well as public and private companies across a multitude of sectors. The team routinely receives plaudits for its strength in high-yield and investment grade debt offerings. The attorneys offer a depth of expertise in equity transactions, most notably in the SPAC market, where the group is deemed to have a particular niche.
  4. White & Case LLP
    1
    White & Case LLP
    SPACs
    2023 | Band 1 | 3 Years Ranked
    White & Case remains a prominent firm, actively engaged in representing both issuers and underwriters on a diverse range of capital markets transactions. The attorneys are particularly skilled at advising on transactions involving high-yield debt securities. The significantly bolstered team rounds out its capital markets capabilities with standout knowledge of the SPAC market.
  5. Ellenoff Grossman & Schole LLP
    SPACs
    2023 | Band 1
2
Band 2
  1. Davis Polk & Wardwell LLP
    2
    Davis Polk & Wardwell LLP
    SPACs
    2023 | Band 2 | 3 Years Ranked
    Davis Polk & Wardwell demonstrates prowess in a range of capital markets transactions, both domestically and on an international scale, with a host of talented and experienced associates supporting a team of renowned partners in the space. The team acts for an enviable roster of clients and is particularly adept at handling the largest traditional IPOs in the market, as well as assisting on transactions involving SPACs. The attorneys also have experience in high-yield and investment grade debt offerings and provide complementary advice on convertible debt transactions.
  2. Latham & Watkins LLP
    2
    Latham & Watkins LLP
    SPACs
    2023 | Band 2 | 2 Years Ranked
    Latham & Watkins houses a deep bench of highly regarded practitioners, offering coast-to-coast expertise on the full range of capital markets matters. The attorneys are regularly sought by managers for counsel on a variety of equity transactions and possesses significant experience advising issuers from a variety of industries. With a comprehensive debt practice, Latham offers expertise in convertible debt and has a particular skill in handling high-yield offerings.
  3. Weil, Gotshal & Manges LLP
    2
    Weil, Gotshal & Manges LLP
    SPACs
    2023 | Band 2 | 3 Years Ranked
    Weil, Gotshal & Manges is an established capital markets practice, with particular capabilities in equity transactions, including in traditional IPOs and SPAC IPOs. The firm represents both issuers and underwriters in complex transactions, as well as possessing notable experience working with private equity firms. The capital markets team maintains close relationships with Weil's banking and M&A departments to provide clients with a comprehensive service.
  4. Graubard Miller
    SPACs
    2023 | Band 2
3
Band 3
  1. Cooley LLP
    3
    Cooley LLP
    SPACs
    2023 | Band 3 | 1 Years Ranked
    Cooley is an enviable life sciences and technology practice, representing some of the fastest-growing startups in the country on capital markets transactions. On the East and West coasts, the firm maintains a comprehensive overview of the market, working with companies and investment banks on sophisticated equity offerings, showing considerable strength in IPOs. The attorneys also offer specialist knowledge of convertible debt and SPACs.
  2. Goodwin
    3
    Goodwin
    SPACs
    2023 | Band 3 | 1 Years Ranked
    Goodwin covers the full spread of equity capital markets transactions, offering legal expertise in IPOs, follow-ons, and refinancing. The firm acts across a range of sectors, including technology and financial services, and life sciences, with a noted specialty in REITs. Goodwin bolsters its strong equity practice with expertise in convertible debt and is able to advise on cross-border transactions owing to its international network.
  3. Greenberg Traurig, LLP
    3
    Greenberg Traurig, LLP
    SPACs
    2023 | Band 3 | 2 Years Ranked
    Greenberg Traurig has the ability to advise on the full range of SPAC transactions. With a strong global footprint, the firm is confident acting on both domestic and international deals. The attorneys also regularly act for both SPACs and underwriters.
  4. Loeb & Loeb LLP
    3
    Loeb & Loeb LLP
    SPACs
    2023 | Band 3 | 2 Years Ranked
    Loeb & Loeb is a strong choice for SPAC transactions. The firm is able to act for clients across the space, with expertise advising on IPO and M&A transactions.
  5. Paul, Weiss, Rifkind, Wharton & Garrison LLP
    3
    Paul, Weiss, Rifkind, Wharton & Garrison LLP
    SPACs
    2023 | Band 3 | 2 Years Ranked
    Paul, Weiss represents issuers across a range of fields, including energy, telecommunications, and leisure, as well as global investment banks acting as underwriters on capital markets transactions. The firm brings to bear recognized strength in IPOs and high-yield debt and boasts an impressive roster of clients including household-name issuers and leading private equity sponsors.
  6. Sidley Austin LLP
    3
    Sidley Austin LLP
    SPACs
    2023 | Band 3 | 1 Years Ranked
    Sidley Austin has a noted issuer practice to complement a historic strength in advising underwriters. The firm has deep industry expertise, with significant areas of focus including insurance, life sciences, energy, and real estate. The attorneys advise on a raft of investment-grade debt offerings, IPOs and transactions involving equity-linked products.
  7. Vinson & Elkins LLP
    3
    Vinson & Elkins LLP
    SPACs
    2023 | Band 3 | 2 Years Ranked
    Vinson & Elkins remains a top-tier practice, offering expertise in a wide variety of capital markets deals. From its headquarters in Houston, the firm is particularly strong in handling MLP IPOs and fields a deep bench of highly experienced practitioners with a range of specialties in both debt and equity offerings. The attorneys provide clients with ancillary expertise in areas such as tax, regulatory and energy law and are active in the technology, aviation and real estate industries, and capable across the energy space.