Franklin GittesBy Antony Collins London giant Linklaters has been knocked from its prized position as the number one ranked M&A adviser in both the global and European deal rankings for the first half of 2003.

Separate tables for global and European M&A from Thomson Financial and Mergermarket both had Linklaters falling to second place after 2002 in which the UK leader consistently dominated the M&A rankings at home and abroad.