Sidley Austin LLP has once again secured its position as the leading law firm aiding public companies in navigating matters relating to shareholder activism during the last year. According to an analysis conducted by Bloomberg Law, Sidley Austin advised companies on 48 engagements in 2023, with the total shareholder stakes in the firm’s matters estimated at a worth of $7.3 billion. This figure indicates the value of shares controlled by activist investors involved in these campaigns.
In a similar successful feat in 2022, Sidley Austin also led the field against 48 activist campaigns, thereby further cementing their reliability and expertise in this domain.
Vinson & Elkins LLP followed closely in second place for the year 2023, successfully navigating 42 engagements with a total shareholder stake amount worth $3.3 billion. On the other side of the coin, standing in for the activist side, Olshan demonstrated a dominant presence by leading in 139 campaigns.
These figures serve as key indicators of Sidley Austin’s lasting leadership in the field and their exceptional abilities to successfully guide public companies through matters related to shareholder activism.
More details can be found in the original article by Bloomberg Law.