Here are some highlight findings from the report;

• In the second quarter of 2013 there were 493 deals announced offshore, with a combined value of USD31.6bn. This puts the quarter slightly ahead of Q1 2013.
• In Q2 2013 average deal size stood at USD64m and that figure is the same for the year to date. If this is maintained to year-end or improved, deal sizes in 2013 would be greater than they have been in at least five of the last eight years.
• Finance and insurance deals continued to power the offshore M&A markets. In Q2 2013 there were 168 deals in that sector with a combined value of USD 10bn, up quite considerably on Q1 2013, when there were 147 deals in the sector worth USD6.5bn.
• By average deal size the offshore region ranks third globally, behind only North America and South and Central America in Q2 2103.



Report itself – http://www.applebyglobal.com/e-marketing/offshore-i-2nd-quarter-september-2013-(summary).pdf

CNS article – http://cnsbusiness.com/content/stability-returning-offshore-markets-says-law-firm

From a recruitment perspective this is obviously fantastic news for the offshore legal market and there is definitely positivity amongst the leading law firms on hiring strategy for the next 12 months. Whilst we haven’t seen a knee jerk response and great swathes of new vacancies, we have received and are continuing to receive exciting new instructions across transactional practice areas, particularly finance and investment funds.