The
composition of the first 'size' table, showing solicitors
according to their numbers of fully listed and AIM
clients, is virtually unchanged this quarter from
last, the only very slight difference being that
Hammond Suddards Edge, in joint ninth place last
time with Clifford Chance, both having 45 clients,
has just pipped Clifford Chance this time round
with 45.5 clients against the latter's 41.5. The
five who head the list, Slaughter and May, Ashurst
Morris Crisp, Eversheds, Norton Rose and Linklaters,
are all considerably larger in terms of client numbers
than number six, DLA. Of the fourteen firms represented
five have increased their client numbers by small
amounts, Freshfields Bruckhaus Deringer has remained
static at 41 and eight show figures slightly down.
The
second ' size' table, which shows brokers whose
clients are making the most profit, is again headed
by Slaughter and May and has the first six positions
and the last two unchanged, with only slight shuffles
in the middle. However the gap between Slaughter
and May and Linklaters, at number two, has considerably
decreased: last quarter the clients of the former
showed aggregate pre-tax profits of £8,063.2m,
over one and a half times that of Linklaters (£4,490.9m).
This time, the two show figures of £8,383.8m
and £6,865.3m respectively. Happily only the
clients of DLA, in last place at number twelve,
actually show a negative figure, and half the brokers
show clients' profits up from last quarter.
The
first of the two 'growth' tables, showing firms
whose clients are growing fastest, is headed by
Linklaters - the only one with a positive figure
at 6.9%. Eversheds, second as last quarter, has
clients with a decrease in pre-tax profits of -0.1%
At the bottom of the table Freshfields Bruckhaus
Deringer's figure is -25.6% (though this is slightly
better than last time when the same firm's figure
was -26.2%). There are one or two sharp moves recorded
here - Herbert Smith up from seventh to third place,
Pinsent Curtis
Biddle also up, this time from tenth to fourth,
and Osborne Clarke up from eleventh to seventh.
Slaughter and May has slipped from fourth to eighth
place and Norton Rose from sixth to tenth.
The
last table also shows some major positional changes,
as solicitors are ranked according to the average
increase in clients' earnings per share. Here Osborne
Clarke has jumped into the lead (from sixth place
in October 2002) with a figure of 3.8%. Hammond
Suddards Edge, last time's number one, comes in
at number two. Herbert Smith has made a leap from
ninth to fifth place, while Slaughter and May has
dropped back three places from number five to eight.
Fifty per cent of the list show clients with positive
earnings per share growth; at the end of the table
Clifford Chance's clients show a significant fall,
from -15.8 % last time to -26% now.
-
Advisers
have been selected for inclusion in
the table if they are in the top 10
in terms of number of UK fully listed
and AIM clients, or if the number of
such clients represents 5% or more of
the total number of clients covered
by the table.
-
Data
source - The hemscott.NET Securities
and Corporate Information Desk database.
-
For a full list of clients see the Professional
Advisers and their Clients section at
the back of The Company Guide.
|
MOST
NUMBER OF STOCK MARKET CLIENTS
(based on numbers of UK fully listed & AIM
clients) |
| |
|
This
edition
No |
Last
edition
No |
|
| 1 |
Slaughter
and May |
97.0 |
95.0 |
(1) |
| 2 |
Ashurst
Morris Crisp |
95.0 |
94.5 |
(2) |
| 3 |
Eversheds |
92.0 |
88.0 |
(3) |
| 4 |
Norton
Rose |
82.5 |
86.5 |
(4) |
| 5 |
Linklaters
& Alliance |
80.0 |
82.0 |
(5) |
| 6 |
DLA |
53.5 |
58.5 |
(6) |
| 7 |
Herbert
Smith |
52.0 |
54.0 |
(7) |
| 8 |
Pinsent
Curtis Biddle |
48.5 |
50.0 |
(8) |
| 9 |
Hammond
Suddards Edge |
45.5 |
45.0 |
(9) |
| 10 |
Clifford
Chance |
41.5 |
45.0 |
(9) |
| 10 |
Freshfields
Bruckhaus Deringer |
41.0 |
41.0 |
(11) |
| 12 |
Osbourne
Clarke |
40.0 |
40.5 |
(12) |
| CLIENTS
MAKING THE MOST PROFIT
(based
on clients' aggregate pre-tax profits)
|
| |
|
This
edition
£m |
Last
edition
£m |
|
| 1 |
Slaughter
and May |
8383.8 |
8063.2 |
(1) |
| 2 |
Linklaters
& Alliance |
6865.3 |
4490.9 |
(1) |
| 3 |
Herbert
Smith |
2147.3 |
2942.6 |
(3) |
| 4 |
Freshfields
Bruckhaus Deringer |
2029.8 |
2232.5 |
(4) |
| 5 |
Clifford
Chance |
1942.7 |
1670.1 |
(5) |
| 6 |
Eversheds |
800.3 |
791.1 |
(6) |
| 7 |
Pinsent
Curtis Biddle |
585.4 |
601.4 |
(8) |
| 8 |
Ashurst
Morris Crisp |
520.5 |
392.3 |
(10) |
| 9 |
Norton
Rose |
436.5 |
608.0 |
(7) |
| 10 |
Hammond
Suddards Edge |
422.1 |
396.3 |
(9) |
| 11 |
Osborne
Clarke |
40.8 |
13.2 |
(11) |
| 12 |
DLA |
-199.4 |
-207.3 |
(12) |
| FASTEST
GROWING CLIENTS
(based
on average increases in clients' pre-tax profits)
|
| |
|
This
edition
% |
Last
edition
% |
|
| 1 |
Linklaters
& Alliance |
6.9 |
2.7 |
(1) |
| 2 |
Eversheds |
-0.1 |
1.0 |
(2) |
| 3 |
Herbert
Smith |
-4.5 |
-8.9 |
(7) |
| 3 |
Pinsent
Curtis Biddle |
-4.5 |
-14.1 |
(10) |
| 5 |
Hammond
Suddards Edge |
-4.8 |
-3.0 |
(3) |
| 6 |
DLA |
-5.6 |
-6.5 |
(5) |
| 6 |
Osborne
Clarke |
-5.6 |
-21.8 |
(11) |
| 8 |
Slaughter
and May |
-8.7 |
-5.3 |
(4) |
| 9 |
Clifford
Chance |
-11.6 |
-10.6 |
(8) |
| 10 |
Norton
Rose |
-12.1 |
-7.7 |
(6) |
| 11 |
Ashurst
Morris Crisp |
-22.5 |
-12.7 |
(9) |
| 12 |
Freshfields
Bruckhaus Deringer |
-25.6 |
-26.2 |
(12) |
| CLIENTS
WITH FASTEST INCREASING EARNINGS
(based
on average increases in clients' earnings
per share) |
| |
|
This
edition
% |
Last
edition
% |
|
| 1 |
Osborne
Clarke |
3.8 |
-2.3 |
(6) |
| 2 |
Hammond
Suddards Edge |
3.3 |
5.1 |
(1) |
| 3 |
Pinsent
Curtis Biddle |
3.1 |
2.9 |
(2) |
| 4 |
DLA |
2.1 |
1.9 |
(3) |
| 5 |
Herbert
Smith |
1.7 |
-5.9 |
(9) |
| 6 |
Linklaters
& Alliance |
0.5 |
-2.9 |
(8) |
| 7 |
Eversheds |
-0.4 |
1.8 |
(4) |
| 8 |
Slaughter
and May |
-2.6 |
-0.5 |
(5) |
| 9 |
Norton
Rose |
-3.8 |
-2.8 |
(7) |
| 10 |
Ashurst
Morris Crisp |
-13.9 |
-6.7 |
(10) |
| 11 |
Fresfields
Bruchhaus Deringer |
-15.2 |
-14.3 |
(11) |
| 12 |
Clifford
ChanceBerwin |
-26.0 |
-15.8 |
(12) |
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