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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Multinational law firm Pinsent Masons has advised leading global offshore wind energy developer Ocean Winds on a partnership with Ireland’s climate solutions company Bord na Móna to develop projects that will generate up to 2.3GW of clean and renewable electricity to power up to 2.1million homes by 2030.
Multinational law firm Pinsent Masons won M&A Team of the Year (medium deal), TMT Team of the Year and Litigation & Dispute Resolution Team of the Year at the British Legal Awards 2022.
Multinational law firm Pinsent Masons is spearheading the annual toy drive, Supporting Young Lives, to support vulnerable and disadvantaged children as the firm gears up to mark International Children’s Day 2022.
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