Our Values

Citizenship

Community investment
We team up with nonprofits and local leaders to make sure our contributions have a lasting impact, including by preparing meals for the homeless, supporting those who have suffered from domestic violence, and educating future generations of lawyers.

Pro bono
We donate our legal skills to help the wrongfully convicted, those fleeing persecution and violence, disenfranchised voters, the homeless and hungry, victims of human trafficking, and additional underserved populations.

Matched giving
Each Hogan Lovells office unites behind a local charity and, together, we support one global organization. In 2019, we supported Barefoot College in the training of over 400 women to bring clean, renewable light to 20,000 families across more than 35 countries.

Sustainability
We pursue sustainability in our offices around the world through bike-to-work programs, composting, auto-light sensors and computer shut-offs, e-waste recycle days, among other worldwide initiatives.

 

Diversity and inclusion

Diversity makes us a better law firm, drives innovation, and helps us attract the best talent creating optimized experiences for our clients. We are committed to nurturing an inclusive working environment where all of our people can be themselves and feel empowered to succeed.


2019

Most Inclusive
Frim for Minority,
Chambers USA

100%

Corporate Equality Rating,
Human Rights Campaign,
2010 - 2019

143k+

Pro bono hours during
2019 by Hogan Lovells
lawyers worldwide

Top 10

Firm of Gender Equity,
Yale Law Women,
2019

Our four pillars

Technical Excellence

Technical excellence

Executing transactions effectively

Industry Knowledge

Industry knowledge

Understanding issues in regulated industries

Global Reach

Global reach

Worldwide reach,
local knowledge

Full-Service capabilities

Full-service capabilities

Subject matter knowledge

M&A Year in Review

Expander

Dear Clients and Friends,

Welcome to the 10th edition of our Hogan Lovells M&A Year in Review! We created our M&A Year in Review to express our gratitude to you – our clients and friends – for the opportunity to work together and for the successes that we have shared. We hope you enjoy our review of dealmaking during 2023 and our projections for M&A during 2024.

Global M&A activity in 2023 slowed to a 10-year low. Aggregate deal volume decreased by 6%, to a three-year low, and aggregate deal value declined by 17%, marking the first time global deal value failed to reach US$3 trillion since 2013. 

A combination of factors led to this decline in dealmaking, including persistent inflation, heightened cost of capital, increased regulatory scrutiny, fears of recession, and conflicts in Europe and the Middle East.

During 2023, sponsor-related M&A experienced a significant downturn in both volume and value, with deal value falling 40% and deal volume down 26%. For strategic M&A, deal value declined by 3% from 2022, and the number of strategic deals declined 13% during the same period.

Sector activity varied widely during 2023. M&A in the energy and power sector propelled the conversion from traditional to clean energy, with transaction value exceeding more than US$500 billion and accounting for 17% of overall M&A value. The technology sector experienced a 47% decline in M&A value compared to 2022, as companies and investors pursued smaller transactions driven by technology imperatives. Life sciences and health care M&A remained vibrant in 2023, with deal value increasing by 23% compared to 2022 – a trend driven by high-value transactions in the biotech and pharmaceutical sectors.

Our M&A Group is grateful to have worked with you over the course of 2023. Your transactions propelled Hogan Lovells to more than 30 M&A league table rankings worldwide, including for Global M&A and across Europe, France, Germany, Italy, the Nordics, the United States, Latin America, Asia, Australia, and India.

For the year ahead, we forecast measured optimism for meaningful increases in deal value and deal volume, as set forth within our 2024 M&A Outlook.

We appreciate the trust that you continue to place in us, and we look forward to supporting you on your M&A transactions in the year ahead.

Best wishes for continuing success in 2024,

The Hogan Lovells M&A Group