CMS has seen its share of the listed company market more than double this quarter, catapulting the firm into joint third place with Herbert Smith Freehills (HSF), following its merger with Nabarro and Olswang.

The rankings, compiled by Adviser Rankings in association with audit and advisory firm Crowe Clark Whitehill, also place Slaughter and May at the top of the tables for total number of stockmarket clients, FTSE 250 clients and FTSE 100 clients.