05 Jul 2012 | 05:33 pm |
Pinsent Masons today announced preliminary details of its unaudited results for the financial year to 30 April 2012. Turnover was £221m, up 4% on the previous year (2010/2011: £212m).
That figure does not include turnover from the McGrigors business, which had a strong financial performance during the same period (McGrigors operated a September year end prior to the merger). Incorporating the recent financial results for McGrigors, the turnover for the combined firm in the last 12 months was £295m.
Commenting on the news, Pinsent Masons' Managing Partner David Ryan said:
"Our results show that we are continuing to perform strongly in a difficult market. The continued investment in our staff and infrastructure has increased our ability to respond to changing client demand. The merger with McGrigors built on this, and as a combined firm we are in a strong position for growth in the coming years."
In the final 7 months of operation McGrigors LLP posted revenues of £42.5m, leaving it on course to post increased turnover relative to its 2010/11 figure of £70m.
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Pinsent Masons Vario is launching its flexible services in Ireland, further expanding the reach of the market-leading service which provides flexible legal resource to busy in-house legal teams.
Multinational law firm Pinsent Masons has advised Dublin-headquartered private equity firm Erisbeg on the agreement to acquire the entire issued share capital of PageOne Communications from the Capita Group.
Multinational law firm Pinsent Masons has advised Carlton Power on the establishment of a joint venture with Schroders Greencoat for the development of a portfolio of green hydrogen projects in the UK.
Pinsent Masons Vario is launching its flexible services in Ireland, further expanding the reach of the market-leading service which provides flexible legal resource to busy in-house legal teams.
Multinational law firm Pinsent Masons has advised Dublin-headquartered private equity firm Erisbeg on the agreement to acquire the entire issued share capital of PageOne Communications from the Capita Group.
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