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Pinsent Masons remains the top adviser for Aim-listed companies, but DLA Piper has become the firm of choice for the 100 largest Aim clients, according to the latest rankings by Hemscott.
DLA Piper added four top 100 clients to its roster during the last quarter and rose from seventh place to first in the Aim 100 rankings.
It now numbers veterinary group CVS, technology company Datatec, China Central Properties, Hansteen Holdings, Invista Real Estate, soft drinks group Nichols and Goals Soccer Centres among its clients.
Offshore firm Cains was knocked off the top spot for the number of Aim 100 clients, dropping from first to third place and losing one of its six clients. Pinsents kept its place at the top of the rankings for total number of Aim clients, despite losing four from its roster.
In descending order, LG, Norton Rose, DLA Piper and Eversheds complete an unchanged top five, although only Eversheds gained Aim clients during the quarter, adding four to take its total to 51.
For the second successive quarter, the market value of Aim companies plummeted. LG, the top firm based on the market capitalisations of its clients, saw more than 35 per cent shaved off their combined market value.
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