SPAC Legal Counsels | SPAC Research

Rank	Counsel	Volume ($M)	Deal Count (Total)	Deal Count (Issuer Counsel)	Deal Count (UW Counsel)	Avg Size ($M)	% Share
1	Ellenoff Grossman & Schole	33,892.1	147	71	76	230.6	10.43%
2	Kirkland & Ellis	33,646.2	105	77	28	320.4	10.35%
3	Skadden, Arps, Slate, Meagher & Flom	28,931.5	89	28	61	325.1	8.90%
4	Davis, Polk & Wardwell	27,619.4	82	25	57	336.8	8.50%
5	White & Case	25,687.8	79	38	41	325.2	7.91%
6	Ropes & Gray	24,035.3	63	10	53	381.5	7.40%
7	Latham & Watkins	12,435.1	39	20	19	318.8	3.83%
8	Weil, Gotshal & Manges	12,072.5	26	21	5	464.3	3.72%
9	Graubard Miller	11,267.8	53	14	39	212.6	3.47%
10	Paul Hastings	9,889.3	40	7	33	247.2	3.04%
11	Greenberg Traurig	8,658.2	38	23	15	227.8	2.66%
12	Loeb & Loeb	8,115.3	64	42	22	126.8	2.50%
13	Shearman & Sterling	7,576.5	30	6	24	252.5	2.33%
14	Vinson & Elkins	6,587.1	23	15	8	286.4	2.03%
15	Paul, Weiss, Rifkind, Wharton & Garrison	6,144.6	20	17	3	307.2	1.89%
16	Winston & Strawn	5,855.2	25	15	10	234.2	1.80%
17	Reed Smith	5,613.9	31	17	14	181.1	1.73%
18	Sidley Austin	5,521.5	26	10	16	212.4	1.70%
19	DLA Piper	4,592.3	20	11	9	229.6	1.41%
20	Goodwin Procter	3,408.6	13	12	1	262.2	1.05%
21	Sullivan & Cromwell	3,049.3	9	5	4	338.8	0.94%
22	Ledgewood PC	2,674.0	8	8	0	334.2	0.82%
23	Proskauer Rose	2,059.7	10	3	7	206.0	0.63%
24	Cravath, Swaine & Moore	1,941.0	7	1	6	277.3	0.60%
25	Cadwalader, Wickersham & Taft	1,829.4	4	4	0	457.3	0.56%
26	Gibson, Dunn & Crutcher	1,826.2	6	6	0	304.4	0.56%
27	Nelson Mullins Riley & Scarborough	1,700.8	12	8	4	141.7	0.52%
28	Simpson Thacher & Bartlett	1,475.0	6	2	4	245.8	0.45%
29	McDermott Will & Emery	1,452.9	9	7	2	161.4	0.45%
30	Schiff Hardin	1,418.3	10	4	6	141.8	0.44%
31	Morrison & Foerster	1,325.5	5	4	1	265.1	0.41%
32	Cleary Gottlieb Steen & Hamilton	1,312.0	5	4	1	262.4	0.40%
33	Cooley	1,227.2	6	5	1	204.5	0.38%
34	Milbank	1,080.0	3	2	1	360.0	0.33%
35	Wachtell, Lipton, Rosen & Katz	1,000.0	4	4	0	250.0	0.31%
36	Freshfields Bruckhaus Deringer US	952.0	4	2	2	238.0	0.29%
37	Akin Gump Strauss Hauer & Feld	789.9	3	1	2	263.3	0.24%
38	Blank Rome	713.5	5	2	3	142.7	0.22%
39	Sheppard, Mullin, Richter & Hampton	661.3	5	2	3	132.2	0.20%
40	King & Spalding	652.5	3	2	1	217.5	0.20%
41	Hunter Taubman Fischer & Li	613.6	7	4	3	87.7	0.19%
42	Orrick, Herrington & Sutcliffe	553.0	2	2	0	276.5	0.17%
43	Lucosky Brookman	507.6	3	0	3	169.2	0.16%
44	Hughes, Hubbard & Reed	506.0	2	2	0	253.0	0.16%
45	Mintz, Levin, Cohn, Ferris, Glovsky and Popeo	482.8	3	1	2	160.9	0.15%
46	Rimon	460.0	3	3	0	153.3	0.14%
47	Perkins Coie	450.0	2	2	0	225.0	0.14%
48	The Loev Law Firm	427.0	4	1	3	106.8	0.13%
49	Wilmer Cutler Pickering Hale and Dorr	423.8	2	1	1	211.9	0.13%
50	Troutman Pepper Hamilton Sanders	391.0	2	1	1	195.5	0.12%
51	Manatt, Phelps & Phillips	365.2	3	1	2	121.7	0.11%
52	Harter Secrest & Emery	365.0	3	2	1	121.7	0.11%
53	Wilson Sonsini Goodrich & Rosati	345.0	1	1	0	345.0	0.11%
54	Pillsbury Winthrop Shaw Pittman	345.0	1	1	0	345.0	0.11%
55	Brown Rudnick	345.0	1	1	0	345.0	0.11%
56	K&L Gates	338.0	2	2	0	169.0	0.10%
57	Hughes Hubbard & Reed	304.8	1	1	0	304.8	0.09%
58	Linklaters	287.5	1	1	0	287.5	0.09%
59	BraunHagey & Borden	287.5	1	1	0	287.5	0.09%
60	Katten Muchin Rosenman	287.5	2	1	1	143.8	0.09%
61	Becker & Poliakoff	283.5	4	4	0	70.9	0.09%
62	Steptoe & Johnson	276.0	1	1	0	276.0	0.08%
63	Gunderson Dettmer Stough Villeneuve Franklin & Hachigian	276.0	1	1	0	276.0	0.08%
64	Debevoise & Plimpton	275.0	1	1	0	275.0	0.08%
65	Dechert	258.8	1	1	0	258.8	0.08%
66	Ortoli Rosenstadt	257.5	2	0	2	128.7	0.08%
67	Baker & McKenzie	243.0	1	1	0	243.0	0.07%
68	Cozen O’Connor, Minneapolis, Minnesota	230.0	1	1	0	230.0	0.07%
69	Morrison Cohen	230.0	1	1	0	230.0	0.07%
70	Willkie Farr & Gallagher	225.0	1	1	0	225.0	0.07%
71	Kramer Levin Naftalis & Frankel	218.5	3	0	3	72.8	0.07%
72	Foley & Lardner	218.5	2	2	0	109.3	0.07%
73	Haynes and Boone	215.1	2	2	0	107.5	0.07%
74	White & Williams	208.3	3	0	3	69.4	0.06%
75	Hogan Lovells	207.5	2	1	1	103.8	0.06%
76	Davis Graham & Stubbs	207.0	1	1	0	207.0	0.06%
77	Venable	207.0	1	1	0	207.0	0.06%
78	McCarter & English	182.6	1	0	1	182.6	0.06%
79	Ledgewood	175.0	1	1	0	175.0	0.05%
80	Carter Ledyard & Milburn	172.5	1	1	0	172.5	0.05%
81	O’Melveny & Myers	172.5	1	1	0	172.5	0.05%
82	Alston & Bird	172.5	1	0	1	172.5	0.05%
83	Eversheds Sutherland	172.5	1	1	0	172.5	0.05%
84	Husch Blackwell	172.5	1	1	0	172.5	0.05%
85	Baker Botts	130.0	1	0	1	130.0	0.04%
86	Pryor Cashman	126.5	1	1	0	126.5	0.04%
87	Dentons	115.0	1	1	0	115.0	0.04%
88	Olshan Frome Wolosky	115.0	1	1	0	115.0	0.04%
89	Mitchell Silberberg & Knupp	115.0	1	0	1	115.0	0.04%
90	Mayer Brown	115.0	1	1	0	115.0	0.04%
91	Ballard Spahr	101.2	1	0	1	101.2	0.03%
92	Sichenzia Ross	86.3	1	1	0	86.3	0.03%

Credit for Volume ($M) is awarded to both Issuer and Underwriter Counsel