Linklaters tops FTSE list for first time

Linklaters has joined Slaughter and May as the top legal adviser to FTSE 100 companies.

It is the first time a firm other than Slaughters has headed the table since Hemscott began compiling the rankings in 2005.

Slaughters has traditionally been the law firm of choice for large UK corporates but Linklaters has been closing the gap for several years. The two firms now dominate the FTSE 100 with 25 clients each, according to the August rankings.

Slaughters’ client roster has remained static but Linklaters has gained one company since the last Hemscott report in May after insurance client Amlin rejoined the top 100. 

Herbert Smith, Allen & Overy and Freshfields Bruckhaus Deringer complete the top five, although Freshfields added two FTSE 100 companies to its roster: London Stock Exchange Group and Wolseley.

Further down the table, Norton Rose dropped out of the top 10 after losing two of its six FTSE 100 clients, including Friends Provident which was taken over by Clive Cowdery’s Resolution in August.

Ranking in August 


Ranking in May

Firm Total FTSE100 Clients August Total FTSE100 Clients May
1 (2) LINKLATERS 25 (24)
1 (1) SLAUGHTER AND MAY 25 (25)
3 (3) HERBERT SMITH 18 (19)
4 (4) ALLEN & OVERY LLP 17 (17)
4 (5) FRESHFIELDS BRUCKHAUS DERINGER 17 (15)
6 (6) ASHURST LLP 8 (8)
7 (7) CLIFFORD CHANCE LLP 6 (7)
8 (9) ADDLESHAW GODDARD LLP 5 (5)
8 (9) EVERSHEDS LLP 5 (5)
10 (12) BERWIN LEIGHTON PAISNER 4 (4)
10 (12) LOVELLS 4 (4)
10 (8) NORTON ROSE LLP 4 (6)
10 (9) PINSENT MASONS LLP 4 (5)
14 (14) OSBORNE CLARKE 3 (3)
14 (14) SJ BERWIN LLP 3 (3)
14 (14) SHEPHERD AND WEDDERBURN 3 (3)
14 (14) WRAGGE & CO 3 (3)
18 BAKER & MCKENZIE LLP 2
18 (19) BOND PEARCE 2 (2)
18 (19) HAMMONDS LLP 2 (2)
18 (19) JONES DAY 2 (2)
18 (19) MACFARLANES LLP 2 (2)
18 (19) MOURANT DU FEU & JEUNE 2 (2)
18 (19) OGIER 2 (2)
18 (14) SHEARMAN & STERLING LLP 2 (3)