Carey Olsen has been ranked as the number one offshore law firm by the total number of AIM and London stock market clients the firm advises in the prestigious Hemscott Corporate Rankings Guide for February 2011.

Carey Olsen sits among the top City firms coming in ninth overall for the number of stock market clients with a total of 67 – an increase of two since the last quarter (November 2010). The Channel Islands law firm is also positioned in second place based on market capitalisation of AIM-listed clients and ranked fifth overall for the number of AIM clients it advises (38).

Carey Olsen chairman John Kelleher said: “These latest independent statistics from Hemscott recognise the Channel Islands as a leading jurisdiction for the establishment of companies listing on the London Stock Exchange’s (LSE) Main Market and AIM. We are delighted to be ranked alongside leading London firms and this reaffirms Carey Olsen’s position as the offshore legal provider of choice for this type of work.”

Hemscott is a comprehensive listing of the leading providers of professional services to all UK and Irish companies listed on the LSE and AIM.