The accolade has been awarded following a recognition of the firm's range of professional services capabilities including the provision of tech and innovation services via its client consultancy group and the Advanced Delivery Team, its Spark Board, CleanTech capabilities, Covid-19 and Brexit support and client-focused digital content and its success in enhancing diversity and inclusion (D&I).
The firm's CleanTech energy capabilities led by energy partners Peter Feehan, Chris Martin and Andrew Brydon were awarded 'standout' in the Innovative Teams category following the firm's work advising on innovative energy projects.
Senior partner Richard Foley was ranked in the Leadership category for developing agile working at Pinsent Masons and his commitment to D&I, well-being and mental health initiatives while the firm was recognised for its contribution to advancing D&I across the legal profession.
Commercial partner, Clare Francis, was recognised as an Innovative Practitioner for her role leading the firm's Brexit and Covid-19 response.
Senior partner at Pinsent Masons, Richard Foley, said:
"This is a fantastic achievement for the firm, one which we are all incredibly proud of. This success is, of course, a huge credit to all the teams and individuals highlighted in the report but it’s a success in which we all share. This latest recognition is the culmination of years of commitment and creativity.
"We don’t have a department for innovation at Pinsent Masons and that’s quite deliberate. We have a mindset, a strategy, a purpose, a code and values that nurture innovation by encouraging all of us to be bold, champion change and find that spark."
Alastair Morrison, head of client strategy at Pinsent Masons, said: "Our success reinforces our commitment to being a purpose-led, professional services business with law at the core incorporating a diverse range of expertise and groundbreaking client-led solutions. This approach to legal services defines how we advise clients and support our people. Being recognised by the Financial Times as the most innovative law firm in Europe, is a tremendous endorsement of our strategy."
Reena Sengupta, founder of RSG consulting and architect and research partner of the FT Innovative Lawyer report, said: "Pinsent Masons stood out in the vanguard of being multidisciplinary, and also putting purpose at the centre of its strategy. It has long been talking the talk of innovation; now it is a firm most clearly putting that into action."