EMEA Restructuring League Tables 9M'26

EMEA restructuring activity in the third quarter of 2026 rebounded from a second-quarter slowdown, with new mandate initiations rising 36% QoQ, though remaining 8% below the Q1 peak. Download the report for the full insights.

Legal Advisor Highlights

• Large-Cap (Debt Volume): Kirkland & Ellis led with €19.98B across 21 mandates, followed by Linklaters (€15.48B / 17 mandates) and Latham & Watkins (€10.463B / 11 mandates).

• Mid-Market: Willkie claimed first with 25 mandates, followed by Weil with 9 mandates, and Kirkland & Ellis and Gibson Dunn in joint third with 7 mandates each.

Financial Advisor Highlights

• Large-Cap (Debt Volume): PJT Partners led with €31.6B across 19 mandates (incl. Merlin Entertainments). Houlihan Lokey took second with €23.133B across 20 mandates (incl. Zorlu Enerji), followed by Lazard (€15.872B / 14 mandates).

• Mid-Market: Ernst & Young took top honors with 16 mandates, followed by Grant Thornton with 15 mandates and Interpath in third with 12 mandates.