12 March 2015
Carey Olsen remains top offshore legal adviser to LSE clients
The Corporate Adviser Rankings Guide (Q1) has once again listed Carey Olsen as the top ranking offshore law firm for London Stock Exchange (LSE) listed clients.
Carey Olsen has moved up to third position from fourth place in the previous quarter. The law firm remains the only offshore law firm to feature in the top 10.
The guide ranks the top 20 institutional advisers by their total number of London listed clients as well as by client numbers in the eight main FTSE industry sectors.
In the offshore law firm table Carey Olsen is reported to advise more than twice as many clients, at 91, compared to its closest offshore competitor law firm.
In the financials sector table, which ranks firms across the UK, Carey Olsen leads the field for the second consecutive quarter with 61 listed clients. The law firm also makes its debut onto the oil and gas table with four listed clients.
Its position as adviser to FTSE 350 clients also remains strong with two FTSE 100 clients and a further 10 clients in the FTSE 250 table where Carey Olsen moved up three places to joint 10th. The firm continues to hold second place in the Alternative Investment Market (AIM) table (the most successful growth market in the world) with 43 listed clients.
Carey Olsen partner and head of corporate practice in Guernsey, Graham Hall, said: “We have been placed in first position among the offshore firms for some time in this report as LSE clients and their advisers continue to select Carey Olsen as their offshore adviser of choice.
“The sector tables show the balance of work across several markets. Our lead position in the financials table is a reflection of our core client base and it is encouraging to see our growth into other sectors, such as oil and gas, in this past quarter."