Not one to mince words, KPS Capital's Michael Psaros offers a ...

51-70_Data.qxd 1/12/09 5:42 PM Page 54M&A Services2008 Legal League TablesNumber of DealsAnnounced and CompletedMid-Market: Number of DealsAnnounced and CompletedNo. of ValueFirm Deals ($bil)Jones Day 302 116.2Latham & Watkins 251 334.9DLA Piper 166 34.7Skadden, Arps, Slate, Meagher & Flom 165 278.0Kirkland & Ellis 141 85.2Dorsey & Whitney LLP 134 8.4Cleary Gottlieb Steen & Hamilton 123 246.5Wilson Sonsini Goodrich & Rosati 123 67.2Sullivan & Cromwell 121 406.2Gibson Dunn & Crutcher 114 106.8O'Melveny & Myers 113 34.5Baker & McKenzie 108 98.0Dewey & LeBoeuf LLP 107 190.1Morgan Lewis & Bockius 101 15.6Weil Gotshal & Manges 94 177.3No. of ValueFirm Deals ($bil)Latham & Watkins 123 21.2Jones Day 73 12.7Skadden, Arps, Slate, Meagher & Flom 70 13.9DLA Piper 64 7.6O'Melveny & Myers 56 7.3Wilson Sonsini Goodrich & Rosati 54 7.1Hogan & Hartson 52 7.2Sullivan & Cromwell 47 9.8Gibson Dunn & Crutcher 46 8.5Cleary Gottlieb Steen & Hamilton 42 10.8Dewey & LeBoeuf LLP 41 8.1Morgan Lewis & Bockius 37 4.5Kirkland & Ellis 37 5.9Davis Polk & Wardwell 36 6.5Baker & McKenzie 36 5.1Mid-MarketFairness OpinionsAnnounced and CompletedMid-Market: M&A Fairness OpinionsAnnounced and Completed dealsValue($bil)AdviserNo. ofDealsAdviserNo. ofDealsJP Morgan 77Goldman Sachs & Co 69UBS 47Houlihan Lokey Howard & Zukin 42Morgan Stanley 39Barclays Capital 36Deutsche Bank AG 35Merrill Lynch 34Duff and Phelps 34Citi 30Lazard 29Credit Suisse 29Sandler O'Neill Partners 26Banc of America Securities LLC 25Keefe Bruyette & Woods Inc 25Houlihan Lokey Howard & Zukin 23Sandler O'Neill Partners 20Duff and Phelps 19Goldman Sachs & Co 19Keefe Bruyette & Woods Inc 18UBS 17JP Morgan 17Lazard 14Barclays Capital 12Morgan Stanley 12Credit Suisse 12Deutsche Bank AG 12RBC Capital Markets 9Stifel Financial Corp 9Banc of America Securities LLC 854 MERGERS & ACQUISITIONS February 2009