Top law firms Gibson, Dunn & Crutcher and Latham & Watkins dominate M&A legal services in the 2025 power sector.

In the legal sector, Gibson, Dunn & Crutcher and Latham & Watkins stood out as the leading advisors for mergers and acquisitions (M&A) transactions in the power industry in 2025, respectively holding top rankings based on value and volume, as reported by GlobalData.

Gibson, Dunn & Crutcher took the number one spot in terms of deal value, having advised on transactions totaling $66.6 billion. This success was closely followed by Kirkland & Ellis, with a total deal value of $56.3 billion, White & Case with $53.5 billion, Skadden, Arps, Slate, Meagher & Flom with a deal value of $47.3 billion, and Latham & Watkins with $26.6 billion.

When considering deal volume, Latham & Watkins took the lead by advising on a total of 42 transactions. This was followed by Kirkland & Ellis with 35 transactions, CMS with 32, White & Case with 29, and Dentons with 28 deals.

According to Aurojyoti Bose, a lead analyst at GlobalData, Latham & Watkins not only led in deal volume but also advised on several major transactions in the power sector throughout 2025, securing the fifth position by value as well. Bose highlighted that the firm was involved in six billion-dollar transactions, including a significant deal valued at over $10 billion.

On the other hand, Gibson, Dunn & Crutcher also made significant strides by advising on six billion-dollar deals, out of which three were classified as megadeals, ultimately propelling the firm to the top of the league tables by value in 2025.

GlobalData’s league tables are developed through comprehensive real-time tracking of various platforms to gather detailed information on each deal, including the names of advisors. The data is rigorously monitored by an expert team of analysts to ensure up-to-date and accurate insights into the industry’s M&A landscape.

Ultimately, the success of both Gibson, Dunn & Crutcher and Latham & Watkins in the 2025 power sector M&A arena demonstrates their expertise, deal-making proficiency, and strategic positioning in the legal advisory domain. As leaders in the field, these firms have solidified their reputation as go-to advisors for high-value and high-volume M&A transactions within the sector.