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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Pinsent Masons has continued to dominate legal advice to the Aim market, increasing its yield of clients from 53 to 57.
The rise enabled Pinsents to pull further ahead of its closest rival Memery Crystal during the quarter ending 5 July 2014, upping its lead from 10 to 13 clients.
According to the latest data from Adviser Rankings, Pinsent Masons, Memery Crystal and Carey Olsen continue to take podium positions in the Aim client rankings.
The trio has remained relatively static at the vanguard of this market segment over the past year. Since July 2013, Pinsents grew its total number of Aim clients from 56 to 57. Memery Crystal upped its total from 43 to 44, while Carey Olsen grew its base from 40 to 43 (5 August 2013).
However, firms including Stephenson Harwood and DLA Piper have made substantial in-roads into the market during that time. The former saw its total number of Aim clients increase from 31 to 39 during the past year, while DLA raised its tally from 30 to 36.
Legacy Lawrence Graham has seen its total number of Aim clients slip in the wake of its merger with legacy Wragge & Co in May 2014. At this time last year, Lawrence Graham counted 40 Aim clients as opposed to 36 for the combined Wragge Lawrence Graham & Co in July 2014.
That said, while its total number of clients has dropped, Wragge Lawrence Graham has bulked up its total number of FTSE Aim 100 clients by two, from six to eight - with a combined client capital of £5.01bn. That figure comprises 76.8 per cent of its Aim client total of £6.52bn.
However, in terms of FTSE Aim 100 client capital, Wragge Lawrence Graham is pipped to the top spot by Slaughter and May. Slaughters’ four clients - Asos, Redde, Songbird Estates and Young & Co’s Brewery - have a combined client cap of £5.1bn.
Addleshaw Goddard boasts more clients within the FTSE Aim UK 50, which a total of five. However, their total client cap of £1.52bn is just 30.9 per cent of the £4.92bn comprised by Slaughters’ three clients within that space.