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 owners of the Central Area Transmission System (CATS) gas pipeline in the North Sea on a landmark contractual dispute case heard in the Court of Appeal.
Multinational law firm Pinsent Masons has appointed partners Johanna Weißbach and Christian Schmidt as litigation partners in their Dispute Resolution Group in Munich, where they will both focus on clients within the Financial Services and Advanced Manufacturing & Technology sectors.
Multinational law firm Pinsent Masons has announced 17 new partners in its 2020 promotion round as it promotes outside of traditional legal services for the first time.
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