Law firm Carey Olsen continues to lead the offshore firms in the legal adviser’s table for the number of AIM clients it advises. The firm is ranked second overall by the number of AIM clients with 39 clients (twelve ahead of its nearest offshore rival), and second overall by client market capitalisation (£4.246 bn with nearest offshore competitor at £1.935 bn), according to the Q2 2012 AIM Edition of The Morningstar Professional Services Rankings Guide.

Carey Olsen has “gained two ranks” for the total number of AIM clients it advises, as well as rising from third to second place for client market capitalisation. The latest report also sees Carey Olsen climb from tenth to sixth position for the number of FTSE AIM 100 clients and is ranked third for the market capitalisation of FTSE 100 AIM clients.

The firm also continues to lead in the rankings for financials clients (second place for the number of clients), basic materials clients (third place with 11 clients and sixth for market capitalisation), industrials clients (fourth for number of clients and first for client market cap), oil and gas clients (fourth for client market capitalisation) and consumer goods clients (fifth place for number of clients).

Carey Olsen Chairman, John Kelleher, said: “This latest report further confirms that Carey Olsen continues to be the offshore legal adviser of choice for AIM listed clients and is recognised for its expertise in this area.”

The Morningstar Professional Services Rankings Guide AIM Edition lists institutional advisers and their quoted clients. Companies are drawn from UK and Channel Island domiciled companies, as well as from the growing number of overseas companies that are joining AIM.