Law Firms Tops in Auto Work
They bested all others on value or volume in the first quarter on major deals.

A&O Shearman, Kirkland & Ellis topped competitors in the quarter.
Pexels/Mikhail Nilov
Two law firms snagged the most automotive-sector mergers and acquisitions advisory work in the first quarter.
A&O Shearman did the most auto buy-sell work on a value basis, and Kirkland & Ellis topped competitors on a volume basis, according to data and analysis provider GlobalData.
A&O amassed $2.1 billion worth of auto M&A transactions work over just two deals, boosting it from 23rd place to first year-over-year, the study determined. It ranked fourth in volume.
“Involvement in the $1.4 billion American Axle & Manufacturing-Dowlais deal was pivotal for A&O Shearman in securing the top spot by value in Q1 2025,” said GlobalData Lead Analyst Aurojyoti Bose.
Kirkland, meanwhile, led on volume as it rose from the seventh-highest number of deals to first year-over-year with its advisement on four transactions. The work resulted in a sixth-place ranking by value.
Both firms have agreed this year to conduct pro-bono work for the Trump administration following its moves to cut them off from federal contracts or access to government buildings due to past work adverse to Trump, according to news reports.
INDUSTRY LAWSUIT: California Dealers Sue Scout
Originally posted on Auto Dealer Today
More Industry

Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →
First-Half Dealership Deals Up
Buy-sell activity shows that acquirers are looking for value and scale as many retailers seek to leave an increasingly competitive and complex market, Kerrigan Advisors reports.
Read More →
Kia Closes Out Summer With a Bang
Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.
Read More →
Indiana Dealership Changes Hands
A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.
Read More →