The Secondaries Investor Law Firm Survey 2025 reveals top law firms advising on a collective $1.03trn of transaction volume, nearly $150bn greater than last year. Eighteen law firms took part in the survey this year, with Kirkland & Ellis continuing its dominance from last year, boasting the highest deal volume among respondents with $223.2 billion advised between 1 November 2023 and 31 October 2024. To access the full insights from the survey, as well as ones stretching back to 2017, click on the tiles below.