Channel Island’s law firm Carey Olsen has leapt into the top three UK advisers for FTSE AIM 100 listed companies based on the number of clients in the last quarter, according to Hemscott, a leading directory for the finance sector.

The directory has placed the firm joint third following the addition of two further blue chip clients, improving its position by eight places since last quarter. In the financials sector (those AIM listed companies working in finance), the firm is placed second both for number of clients and the market capitalisation of those clients. Carey Olsen is now just one client away from being the leading UK adviser to AIM listed clients in the financials sector. Overall Carey Olsen is ranked as a Top 5 UK legal adviser to FTSE Total AIM clients by market capitalisation.

Chairman John Kelleher said: “The Hemscott rankings show that we share a table with the major London law firms for advising clients who are listed on FTSE AIM and our position is recognition that our corporate group provides excellent client service and expertise in this area.” The two new clients added are Renewable Energy Generation Ltd and Raven Russia Ltd.