Linklaters closes in on Slaughters’ dominant position among FTSE 100

It’s been impossible to ignore the heightened activity on the UK stock market in 2014. But, over the three months running to 5 November 2014, the total number of companies on the UK stock market actually shrank from 2,208 to 2,172.

This clearly didn’t go unnoticed by law firms. According to Adviser Rankings, every single firm in the top 20 for FTSE 100 client value lost out during the period – with each losing ground on their previous total FTSE 100 client market cap.

But it’s not all doom and gloom. During the past quarter, Linklaters – which picked up new client Dixons Carphone – inched closer to market leader by FTSE 100 client value, Slaughter and May. It’s now nipping at its heels, with 31 clients to the Bunhill Row firm’s 32.

Meanwhile, Herbert Smith Freehills has advised one of its 17 FTSE 100 clients, BSkyB, on the sale of its betting business to private equity firm CVC Capital Partners.

Freshfields won the mandate from CVC Capital Partners, while Debevoise & Plimpton acted for the management of Sky Bet.

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