Despite the complications of Liberation Day, subsequent tariffs and macroeconomic uncertainty, U.S. direct lending ended 2025 on a high note, injecting optimism into the market for many, including legal advisors.

The US Direct Lending Legal Advisors Rankings FY’25 analyze and compare legal advisors based on their direct lending mandates across:

• Debt size
• Use of proceeds
• Borrower, sponsor and lender engagement