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Recognition

Latham & Watkins Tops Bloomberg’s 2025 Activism Defense League Tables

January 20, 2026
Bloomberg
Firm’s interdisciplinary Shareholder Activism & Takeover Defense Practice ranks second among all firms for defending public companies against shareholder activism campaigns.

Latham & Watkins has again been recognized in Bloomberg’s year-end 2025 league tables as a top law firm for defending public companies against shareholder activism campaigns.

Bloomberg ranked Latham as the #2 firm in the US and globally and the #1 firm in Europe based on the total number of activism defense engagements. Additionally, Latham is ranked as the #1 company defense advisor in both the real estate and healthcare sectors.

In 2025, Latham advised on 31 public activist engagements with activist shareholder stakes totaling US$3.7 billion — up from 20 public campaigns and US$2.7 billion in 2024.

Christopher Drewry, Global Co-Chair of Latham’s Shareholder Activism & Takeover Defense Practice, recently discussed with Bloomberg Law how Latham serves as primary corporate governance counsel for more than 400 US public companies and more than 1,000 global public companies, and has the #1-ranked M&A Practice globally. Drewry said that this level of sophisticated interdisciplinary expertise is what sets Latham’s Shareholder Activism & Takeover Defense Practice apart, “We’re at the top of the league tables in all of these areas. If you treat activism as its own special thing rather than a broader perspective, clients lose out.”

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