Gowling WLG partner Charles Bond

Gowling WLG has maintained its position at the top of the AIM rankings, with its total of 55 AIM-listed clients keeping it ahead of second-placed Pinsent Masons on 51.

The rankings, which are complied by finance data provider Adviser Rankings, are based on data for the three months to 5 October.

Carey Olsen has jumped into joint third place alongside DLA Piper and Memery Crystal, all of which have 36 AIM-listed clients. DLA and Memery both lost one AIM client during the quarter, but Carey Olsen held steady on its total from July this year.

Other firms to have boosted their AIM-listed client numbers during the period include Stephenson Harwood and Eversheds, both of which increased their totals by two to move up to sixth and joint eighth in the rankings respectively.

The rankings also show that DLA Piper now has the most clients in the FTSE AIM 100 rankings, with a total of seven. Carey Olsen comes in joint second, with Pinsents on six.

Carey Olsen corporate and finance partner Ben Morgan said: "There has been a bit of inactivity in terms of IPOs, a bit of main board migration and some entities liquidating in the period. We have gone up the rankings, which is great. This may be a function of client companies' ongoing success, which has an element of good fortune, but we are delighted to be back in third place."

Gowling WLG corporate finance partner Charles Bond believes the firm's natural resource and mining clients allow it to weather some of the negative consequences of Brexit and stay on top.

Bond said: "The mining clients are not as worried about Brexit as some of the others, but it is a rough market for everyone and it has been difficult to get through the new IPOs. The companies that are being hit by Brexit are the ones that have a UK revenue base, are reporting their revenue in sterling and do not have an international export business."