Goldman Sachs vs Herbert Smith Freehills Kramer

Goldman Sachs

Investment bank

Deals
20
2025
9
2026 YTD
11
Disclosed value
A$33bn
Herbert Smith Freehills Kramer

Law firm

Deals
69
2025
37
2026 YTD
30
Disclosed value
A$61bn

League table positions

League table ranks of Goldman Sachs and Herbert Smith Freehills Kramer
Table 2026 YTD2025
Goldman SachsHerbert Smith Fr…Goldman SachsHerbert Smith Fr…
M&A financial advisers #2 (8) – #2 (7) –
M&A financial advisers, completed #15 (2) – #1 (4) –
M&A legal advisers – #2 (19) – #4 (27)
M&A legal advisers, completed – #3 (14) – #8 (12)
IPO lead managers – – #5 (1) –

Rank as each table opens, with the deal count in brackets. The higher rank in each pair is in teal.

Goldman Sachs: top sectors

  • Materials and mining8 deals
  • Financial services3 deals
  • Consumer discretionary2 deals
  • Technology2 deals
  • Other sectors5 deals

Herbert Smith Freehills Kramer: top sectors

  • Materials and mining12 deals
  • Technology11 deals
  • Health care8 deals
  • Industrials8 deals
  • Other sectors30 deals

Deals they shared