But note that they're only 43rd in the Order of Precedence for livery companies:

https://en.wikipedia.org/wiki/Livery_company#Precedence

I mean, way above the Worshipful Company of Educators (109) and the Worshipful Company of Security Professionals (108) -- and rightly so! -- but rather below the Girdlers (23), Dyers (13), and Brewers (14).

Finally, finally a precedence table that follows the Principle of Least Surprise.

There are 110 such "livery companies", most of them worshipful, a couple of them honourable, and then there are the lawyers. They have a role in the local government of the City of London.

All the livery companies (as they are known) are the descendants of historical guilds. Most of them are basically defunct now but they remain a cool tradition and piece of living history.