Strong rankings for law firm
LAW firm Gateley has reported strong quarter one rankings in the influential Experian Corpfin league table.
The league table contains extensive sources of verified business intelligence and is produced on a quarterly basis. It ranks corporate deal value and deal volume conducted by legal and financial advisors on a national and regional level.
Results in 2013 saw Gateley, which has an office in Leeds, perform consistently well in each quarter, achieving year-end rankings of second place nationally, first place in the Midlands and second place in the North West.
Rankings in Q1 2014 show the firm’s continued progress, with strong M&A activity levels and equity capital markets (ECM) transactions. These graded the firm first in the Midlands, second in the North West and third nationally.
Experian Corpfin’s analysis found that 1,087 M&A and ECM transactions were announced in Q1 2014, down from 1,273 in Q1 2013 – a decline of 14.6%. The UK financial services sector accounted for 29.7% of the overall UK deal total in Q1 2014 with 323 deals, a decline of 9.5% on Q1 2013.
The next most active sector was manufacturing (23.6%). The biggest growth sector was research and development, where deal volume rose by 40.7% from 27 deals in Q1 2013 to 38 in Q1 2014.
Gateley senior partner, Mike Ward, said: “It is fantastic to see the firm continue in 2014 where it left off last year. Despite the overall market being slightly subdued when compared to the higher volumes recorded throughout 2013, we are confident that our focus on local service delivery and client care will help drive an increased number of deals as we move into the second quarter of 2014 and the economy continues to improve.”
