Slaughters dominates stock market rankings despite Pinsents playing catch-up

Slaughter and May continues to advise more stock market clients than any other firm, with 119 currently on its books.

Firms including Pinsent Masons, Herbert Smith Freehills, Carey Olsen and Linklaters made gains during the last quarter, according to the latest statistics from Adviser Rankings. 

For the period between 6 February and 8 April 2014, Pinsents managed to close Slaughters’ lead from 27 additional clients down to 23. 

New clients for Pinsents during the period include the likes of growth capital business Adamas Finance Asia, home safety product manufacturer Sprue Aegis and mobile payment services company Mi-Pay Group. 

However, when it comes to stock market client market cap Linklaters is leading the pack with a total of £824.8bn. 

Allen & Overy also made huge gains during the period, bulking up its total from £564.6bn to £722bn – an increase of 27.9 per cent thanks to adding clients such as Royal Dutch Shell and Morrisons supermarkets. The development pushed Slaughters from third into fourth place in the listings, despite the market cap of its clients growing from £569.4bn to £603.9bn. 

Slaughters maintained its lead at the helm of the FTSE 100 client table, with 31 clients – pushing ahead of its closest competitor Linklaters with 28 and Freshfields Bruckhaus Deringer with 24. 

Meanwhile, Pinsents retained its position at the top of the Aim rankings, bulking up its yield of clients from 52 to 54. 

Recently-merged Wragge Lawrence Graham took the fourth spot in the rankings with 38 clients. The tie-up with legacy Wragge & Co failed to bolster Lawrence Graham’s esteemed Aim practice, with its total number of clients playing in the space remaining static on legacy Lawrence Graham’s total in the previous quarter.

Source: Adviser Rankings

Total number of stock market clients    
Rank May ’14 Rank Feb ’14 Law firm Clients May ’14 Clients Feb ’14
1 1 Slaughter and May 119 120
2 2 Pinsent Masons 96 93
3 3 Herbert Smith Freehills 94 92
4 4 Carey Olsen 91 87
5 6 Linklaters 83 80
5 4 Norton Rose Fulbright 83 87
7 7 Ashurst 81 79
8 8 Eversheds 75 73
9 9 Freshfields Bruckhaus Deringer 71 69
10 10 Norton Rose Fulbright 66 64
         
Number of FTSE 100 clients      
         
Rank May ’14 Rank Feb ’14 Law firm Clients May ’14 Clients Feb ’14
1 1 Slaughter and May 31 30
2 2 Linklaters 28 29
3 3 Freshfields Bruckhaus Deringer 24 25
4 4 Allen & Overy 22 21
5 5 Herbert Smith Freehills 18 16
6 7 Clifford Chance 10 7
7 6 Ashurst 9 9
8 11 Eversheds 77 5
9 8 Addleshaw Goddard 6 6
9 8 Pinsent Masons 6 6
         
Number of FTSE 250 clients      
         
Rank May ’14 Rank Feb ’14 Law firm Clients May ’14 Clients Feb ’14
1 1 Slaughter and May 45 47
2 2 Linklaters 31 29
3 5 Freshfields Bruckhaus Deringer 25 23
4 3 Ashurst 24 25
5 4 Herbert Smith Freehills 23 24
6 6 Allen & Overy 18 18
7 7 Eversheds 15 16
8 8 Pinsent Masons 13 13
9 11 Dickson Minto 12 11
9 9 DLA Piper 12 12
         
Number of Aim clients      
         
Rank May ’14 Rank Feb ’14 Law firm Clients May ’14 Clients Feb ’14
1 1 Pinsent Masons 54 52
2 2 Memery Crystal 44 44
3 3 Carey Olsen 43 41
4 X Wragge Lawrence Graham & Co 38 X
5 5 Stephenson Harwood 35 33
6 5 Fieldfisher 34 33
7 5 DLA Piper 34 33
8 9 Appleby 33 31
8 5 Kerman & Co 33 33
10 9 Fasken Martineau 31 31