Sullivan & Cromwell Is Top Deal Adviser; Pace May Slow in 2008

December 31, 2007 Sullivan & Cromwell, hired to advise on six of the 10 biggest deals this year, led all law firms in mergers and acquisitions for the fourth year in a row. New York-based Sullivan & Cromwell retained its title even as the value of transactions it advised on fell 11 percent from last year to $434.3 billion. Total announced mergers and acquisitions rose 10 percent to a record $4.04 trillion from last year's $3.67 trillion and from $2.91 trillion in 2005.

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