Magic circle firm Slaughter and May boasts the highest number of stock market-listed clients after pulling ahead of international rival Herbert Smith Freehills, according to a market survey published today. 

Third quarter figures released by Adviser Rankings Ltd show that Slaughter and May advises 122 listed businesses compared with Herbert Smith’s 117, having acquired four new clients since May.

Slaughter and May also has the highest number of FTSE 100 clients (33), followed by Allen & Overy (26), Linklaters (25) and Freshfields Bruckhaus Deringer (23).

In sector rankings for the whole stock market, Slaughter and May leads the way in the industrials sector with 26 clients and the consumer discretionary & consumer staples sector, with 35 clients. 

Meanwhile, international firm Pinsent Masons dominates the energy and technology sectors, with 15 and 10 clients respectively. It also advises the largest number of companies on the AIM secondary market.