08 Jul 2014 | 09:00 am |
International law firm Pinsent Masons today announced preliminary unaudited financial results for the 2013-14 financial year.
Profit per equity partner (PEP) increased by 4.5% up to £405,000 from £387,000 last year while turnover saw a 4.6% rise to £323 million compared to £309 million in 2012-13.
Managing partner at Pinsent Masons, David Ryan, attributed growth in part to strong performances in banking and finance, real estate and projects, most notable in the Energy sector. The firm's international network performed well with Germany and the Middle East making a significant contribution.
Commenting on the results, David Ryan, said: “We’re pleased to have seen another year of good revenue growth. The extended period of investment we’ve made in the firm through merger, office openings and continued lateral hiring for our long-term benefit has put the firm in a strong position to capitalise on opportunity in the marketplace and our focus now is on realising the strongest returns and boosting profitability with a more modest level of investment continuing alongside."
"Our new finance director Charlotte Beckett joins in the Autumn and one of her early priorities will be to help us to ensure we are well positioned to drive up profitability following such a period of sustained growth.”
Multinational law firm Pinsent Masons has advised Tokai Carbon Co., Ltd. (“Tokai Carbon”) on the sale of its German subsidiary TOKAI ERFTCARBON GmbH (“TEG”), to Lenbach Equity Opportunities III. GmbH & Co. KG, which is exclusively advised by DUBAG Investment Advisory GmbH (“DUBAG”).
Multinational law firm Pinsent Masons has advised the shareholders of independent financial advisory and wealth management firm Shackleton, including the private equity buy-and-build specialist Sovereign Capital Partners, on the exit to Lee Equity Partners.
Multinational law firm Pinsent Masons has been announced by Business in the Community as one of The Times Top 50 Employers for Gender Equality in 2025. This year’s list marks the sixth time that the firm has been recognised for its commitment to embedding gender equality into all levels of the organisation.
Multinational law firm Pinsent Masons has advised Tokai Carbon Co., Ltd. (“Tokai Carbon”) on the sale of its German subsidiary TOKAI ERFTCARBON GmbH (“TEG”), to Lenbach Equity Opportunities III. GmbH & Co. KG, which is exclusively advised by DUBAG Investment Advisory GmbH (“DUBAG”).
Multinational law firm Pinsent Masons has advised the shareholders of independent financial advisory and wealth management firm Shackleton, including the private equity buy-and-build specialist Sovereign Capital Partners, on the exit to Lee Equity Partners.
Multinational law firm Pinsent Masons has been announced by Business in the Community as one of The Times Top 50 Employers for Gender Equality in 2025. This year’s list marks the sixth time that the firm has been recognised for its commitment to embedding gender equality into all levels of the organisation.
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