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Slaughter
& May this quarter tops the table showing solicitors
ranked according to the number of listed clients,
with a total of 95, closely followed by Ashurst
Morris Crisp in second place these two have
swapped positions from last quarter. Eversheds comes
in at number three, unchanged from last time although
its number of listed clients has fallen over the
three-month period from 92.5 to 88. There is little
significant change in the positions further down
the table.
A
similar swapover in the top two places is shown
in the table which places solicitors according to
clients' profitability. In this instance Slaughter
& May has moved up from two to one while it
is the turn of Linklaters to shift down from one
to two. Third and fourth places are retained by
Herbert Smith and Freshfields Bruckhaus Deringer
respectively. Again, there are only slight changes
to be noted in the rest of the table, although Ashurst
Morris Crisp moved down from sixth to tenth place.
Overall, aggregate client pre-tax profits continue
the downward trend shown last quarter.
There
is a third swapover between the top two slots in
the table calculated on the rate of clients' growth.
Here Linklaters pips Eversheds to first place, while
the latter has dropped back from first to second.
But beyond these two there are several more dramatic
changes in fortune. Hammond Suddards Edge has shot
up from number eight to number three; DLA has climbed
from nine to five and Pinsent
Curtis Biddle has dropped sharply from fifth
to tenth place. The two firms at the bottom have
also exchanged places: Osborne Clarke has moved
up from twelfth to eleventh in the rankings, and
Freshfields Bruckhaus Deringer has passed in the
other direction from eleven to twelve. Only the
two firms at the head of the table show positive
client growth figures.
Head
of the second growth chart, assessing clients with
the fastest increase in earnings, is Hammond Suddards
Edge, up sharply from fifth place last quarter,
whose clients have experienced a 5.1% increase;
second is Pinsent
Curtis Biddle (2.9%), down one place from last
quarter's top slot. Both third and fourth places,
taken by DLA and Eversheds respectively, have positive
earnings figures, calculated according to clients'
earnings per share DLA made the largest upwards
move, jumping from tenth to third place, while Evesheds
was previously number two. Osborne Clarke moved
up three places from ninth to sixth; Freshfields
Bruckhaus Deringer went down from eighth to eleventh.
Clifford Chance occupied the last place at number
twelve, as it did in August.
To view the tables simply subscribe
to the Pinsent Masons Company Guide.
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