Linklaters draws level with Slaughters in FTSE 100 client rankings

Linklaters has as many FTSE 100 clients on its books as sector leaders Slaughter and May for only the second time since 2005.

According to the latest data provided by Adviser Rankings, both firms had confirmed client relationships with 30 FTSE 100 companies in the three months from August to November 2013.

Linklaters held steady last quarter, after making a net gain of two in the previous three months (2 September 2013). Meanwhile, Slaughters’ total number of top-flight clients has dropped by one due to oil services client John Wood Group being demoted to the FTSE 250.

However Slaughters maintained its lead in the FTSE 250 table again in the last three months. It increased its total number of clients within that bracket by one to 48, while its closest rival Linklaters also bumped up its total by one to hit 28.

Eversheds was the other big winner in the FTSE 250 table, gaining five new clients to push it from thirteenth to the fifth spot – sandwiched between static Allen & Overy and Pinsent Masons. Its success was partly due to being appointed as legal advisers to the London Stock Exchange Group’s retirement plan.

While the Aim table remained relatively stable, Field Fisher Waterhouse put in a particularly strong performance. During the period, the firm’s roster of Aim clients increased by three – Independent Oil & Gas, Independent Resources and Solid State – to bump it from eighth to fifth position.

The data provided is for the three months ending 6 November 2013.

Adviser Rankings tables
FTSE 100 clients        
Rank Oct 2013 Rank Aug 2013 Clients Clients Oct 2013 Clients Aug 2013
1 2 Linklaters 30 30
1 1 Slaughter and May 30 31
3 3 Freshfields Bruckhaus Deringer 25 23
4 4 Allen & Overy 20 20
5 5 Herbert Smith Freehills 16 17
6 6 Ashurst 10 10
7 7 Addleshaw Goddard 7 8
7 8 Clifford Chance 7 7
9 9 Eversheds 6 6
9 9 Norton Rose Fulbright 6 6
9 9 Pinsent Masons 6 6
         
FTSE 250 clients        
Rank Oct 2013 Rank Aug 2013 Clients Clients Oct 2013 Clients Aug 2013
1 1 Slaughter and May 48 47
2 2 Linklaters 28 27
3 4 Ashurst 23 23
3 3 Freshfields Bruckhaus Deringer 23 25
5 5 Herbert Smith Freehills 22 22
6 6 Allen & Overy 17 17
7 13 Eversheds 14 9
8 7 Pinsent Masons 13 13
9 9 DLA Piper 11 11
9 7 Norton Rose Fulbright 11 13
         
Aim clients        
Rank Oct 2013 Rank Aug 2013 Clients Clients Oct 2013 Clients Aug 2013
1 1 Pinsent Masons 55 56
2 2 Memery Crystal 44 45
3 3 Carey Olsen 42 41
4 4 Lawrence Graham 39 40
5 5 Fasken Martineau 33 32
5 8 Field Fisher Waterhouse 33 30
7 6 DLA Piper 32 31
8 8 Kerman & Co 31 30
8 6 Stephenson Harwood 31 31
10 10 Norton Rose Fulbright 29 28

Source: Adviser Rankings