Pinsent Masons holds firm at top of the Aim tables

Pinsent Masons has once again taken the top spot in Adviser Rankings’ latest Aim rankings, despite Memery Crystal closing its leadership gap by three clients since July.

Pinsents now has a total of 54 Aim clients on its books – a reduction of two on its July figure of 56, and a sharp decline from the previous period’s increase of seven clients.

The drop has enabled Memery Crystal, which bolstered its number of Aim clients from 43 to 44, to edge slightly closer to prime position. Its success is partly due to the firm’s appointment by Mediterranean Oil & Gas as ‘solicitors on the record’ to a case brought by fellow Aim constituent Leni Gas & Oil in August.

Carey Olsen retains third place despite increasing its total number of Aim clients from 40 to 42 during the period.

Squire Sanders made its debut at the other end of the table, with a total of 19 Aim clients – putting it on a par with Nabarro, Mourant Ozannes, Gowlings and Cains.

There has been more movement in the FTSE Aim 100 client list, where Carey Olsen’s single client addition, claims financing business Juridica Investments, helped it join Pinsents in the top spot and knock Addleshaw Goddard into third.

DLA Piper and Eversheds both jumped up the rankings significantly, having picked up one extra FTSE Aim 100 client apiece.

Interestingly, there were four new entrants among firms serving the Aim top tier: Herbert Smith Freehills, Slaughter and May, Travers Smith and Mourant Ozannes. Each has three FTSE 100 Aim clients to its name.

In the FTSE Aim UK 50 rankings, Pinsents lost some ground – dropping its total by one client. The loss puts the firm in second place alongside Addleshaw Goddard. Osborne Clarke held tight in prime position with five clients.

Despite not featuring prominently in the rankings in terms of client numbers, Slaughter and May’s Aim clients generate a disproportionate amount of capital, largely thanks to new work from online retailer ASOS.

The firm comes second overall in terms of its Aim clients’ market cap, only lagging behind Lawrence Graham which continues to work for the online fashion giant.

Total Aim clients        
         
Rank in Nov 2013 Rank in July 2013 Adviser Clients in Nov 2013 Clients in July 2013
1 1 Pinsent Masons 54 56
2 2 Memery Crystal 44 43
3 3 Carey Olsen 42 40
4 3 Lawrence Graham 39 40
5 9 Field Fisher Waterhouse 32 29
6 7 DLA Piper 31 30
6 5 Fasken Martineau 31 32
6 7 Kerman & Co 31 30
6 6 Stephenson Harwood 31 31
10 10 Norton Rose Fulbright 29 28
11 11 Appleby 28 27
12 12 Berwin Leighton Paisner 26 26
12 12 Eversheds 26 26
14 20 Osborne Clarke 22 19
15 15 Fladgate 21 21
15 18 K&L Gates 21 20
15 15 Travers Smith 21 21
15 14 Watson, Farley & Williams 21 22
19 18 Cains 19 20
19 15 Gowlings (UK) 19 21
FTSE Aim UK 50 clients      
         
Rank in Nov 2013 Rank in July 2013 Adviser Clients in Nov 2013 Clients in July 2013
1 1 Osborne Clarke 5 5
2 3 Addleshaw Goddard 4 4
2 1 Pinsent Masons 4 5
4 4 Bird & Bird 3 3
4 5 Slaughter and May 3 2
6 5 DWF 2 2
6 5 Eversheds 2 2
6 NE Herbert Smith Freehills 2 X
6 5 Lawrence Graham 2 2
6 NE Morrison & Foerster (UK) 2 X

FTSE Aim 100 clients      
         
Rank in Nov 2013 Rank in July 2013 Adviser Clients in Nov 2013 Clients in July 2013
1 2 Carey Olsen 7 6
1 1 Pinsent Masons 7 8
3 2 Addleshaw Goddard 6 6
3 2 Lawrence Graham 6 6
5 5 Osborne Clarke 5 5
6 5 Bird & Bird 4 5
6 11 DLA Piper 4 3
6 11 Eversheds 4 3
6 7 Stephenson Harwood 4 4
10 11 Cains 3 3
10 7 Conyers Dill & Pearman 3 4
10 NE Herbert Smith Freehills 3 X
10 11 Mayer Brown International 3 3
10 11 Memery Crystal 3 3
10 NE Mourant Ozannes 3 X
10 11 Olswang 3 3
10 7 SJ Berwin 3 4
10 NE Slaughter and May 3 X
10 7 Stikeman Elliot 3 4
10 NE Travers Smith  3 X

Source: Adviser Rankings

NE – New Entry