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 the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.
Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.
Multinational law firm Pinsent Masons is advising the City of Munich in appeal proceedings brought by the organisers of a planned Oktoberfest event in Dubai. The organisers provided cease-and-desist undertakings, thereby in effect accepting a preliminary injunction issued in this landmark case by the District Court in favour of the City of Munich.
Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.
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