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.
Also on TheLawyer.com:
- Irwin Mitchell appointed DWF pensions partner Nigel Bolton to build its business legal services division
- King & Wood Mallesons revamped the management of its Australia corporate practice as its M&A and tax head Bednall prepares to transfer to London
- Herbert Smith Freehills and Macfarlanes have taken the lead roles for Stagecoach and Virgin on their deal with the Department for Transport to secure the franchise for the East Coast mainline
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