LawFuel – UK Legal News – See Solicitors Jobs at LawFuel.co.nz – International law firm Eversheds has risen to the number one position as advisor to the largest number of clients on the Stockmarket in the last quarter. According to data provider Hemscott, Eversheds has also leapt to third place advisor to London’s AIM market, and improved in both the FTSE 100 and FTSE 250 client advisor lists.
Despite the current turmoil in the financial markets, Eversheds rose from third position as stockmarket advisor to first with an increase of nine clients, more than double the number of new clients than any other law firm in the last quarter. As advisor for AIM clients, Eversheds also rose from fifth position to third in the last quarter. The increase in the firms rankings is due to a rise in the firms levels of Corporate activity, and subsequent clients who site the firm as their advisor on Hemscott, and the ongoing consolidation of clients across Eversheds international offices.
Eversheds position as the number one legal advisor for Stockmarket clients has seen it overtake Slaughter and May, and watch Norton Rose fall to second place for the first time since 2007.
Neil Matthews, Corporate Partner, Eversheds, said:
“In these challenging times, we are increasingly seeing UK plcs look for legal advisors who can provide both the technical expertise they need coupled with a value for money offering. There is work to be done despite the current economic market and we are proud to be recognised by Hemscott as a major Corporate legal advisor to major Plc firms.”