Channel Island law firm Carey Olsen has seen significant client gains in the last quarter.

The Hemscott Corporate Advisers Ranking Guide August 2011 reports that ‘Carey Olsen surges two places to joint seventh with six additions’ in the Corporate Legal adviser tables by total number of stock market clients. The guide also comments on Carey Olsen’s ‘impressive progress’ in the rankings where it remains the only offshore law firm placed alongside major UK law firms in the top ten legal advisers to London stock market clients and in the top five legal advisers to AIM clients.

Carey Olsen continues to lead the offshore law firm table with a total of 70 clients – 16 more than the next offshore law firm – including 39 AIM, two FTSE 100 and four FTSE 250 clients. Since the offshore law firm table was introduced in November 2009, Carey Olsen has consistently maintained the number one position as the leading offshore corporate legal adviser to stock market clients. Carey Olsen’s corporate and finance group is one of the largest in the Channel Islands and includes many lawyers who are recognised as leaders and experts in their field.

 Carey Olsen chairman John Kelleher said: “The rankings demonstrate Carey Olsen’s continued strength in advising AIM market-listed clients. We are also being instructed by a growing number of main market listed companies on Guernsey and Jersey corporate law”.