Gibson, Dunn & Crutcher, a leading US multinational law firm, has established its dominance in the mergers and acquisitions (M&A) legal services for the power sector in 2025. In the last fiscal year, the firm counseled on M&A transactions totaling a jaw-dropping $66.6 billion. This accomplishment cements its place as the most prominent legal advisor in terms of deal value.
Even though the firm may have found recent success, having played a role in six billion dollar deals in the past year, these transactions tremendously inflated its high-level transaction value. Gibson, Dunn & Crutcher were front and center in a megadeal that topped $10 billion. Even more to the point, their technical know-how and capacity to wrangle multi-billion transactions across the power industry really sparkled.
According to Aurojyoti Bose, an analyst with the firm, such feats were impressive.
“The US multinational law firm advised on six billion-dollar deals that also included a megadeal valued at more than $10bn.” – Aurojyoti Bose
Gibson, Dunn & Crutcher’s performance reflects a growing trend in the power sector, where legal services are becoming increasingly essential for navigating complex transactions. That’s why the firm is so assured in landing these big-ticket deals. This remarkable success cements its reputation as the go-to trusted advisor for clients seeking to navigate major mergers and acquisitions.
Gibson, Dunn & Crutcher led the M&A overall by value. At the same time, other firms had big moves to make in 2025 as well. Latham & Watkins ranked fifth by deal value, having led by volume and advised on several major transactions during the year.
“Latham & Watkins not only led by volume but also advised on some of the big-ticket deals announced in the power sector during 2025, which helped it occupy the fifth position by value as well.” – Aurojyoti Bose
Law firms doing work for the power sector report high levels of competition. This environment only highlights the increasing necessity of specialized legal prowess to ensure positive M&A activity. As more and more companies proceed down this path of strategic partnership and acquisition, the need for this highly skilled legal counsel will only increase.

