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Just two US-based law firms have muscled their way into the top 10 most active legal advisers on private equity deals for the year so far, despite a sustained attempt to gain market share from their European rivals.

US-based Cleary Gottlieb Steen & Hamilton and Kirkland & Ellis finished fifth and ninth respectively in the Mergermarket league table, which was ranked by value of deals. UK-based law firms Clifford Chance, Freshfields Bruckhaus Deringer, Dickson Minto and Linklaters led the rankings.

US law firms struggle to make their mark in Euro buyouts

Just two US-based law firms have muscled their way into the top 10 most active legal advisers on private equity deals for the year so far

Paul Hodkinson

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Hedge fund Discovery Capital extends year-to-date returns to almost 18%

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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US law firm hires private equity specialist from key client

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