International law firm Pinsent Masons has announced it achieved a global turnover of £382.3 million and increased its profit per equity partner to £550,000 in 2015/16.

Its latest unaudited financial results show 5.5 per cent revenue growth on the previous year and cumulative revenue growth of almost a fifth over the past three years.

The Advanced Manufacturing and Technology, Financial Services and Infrastructure sectors all contributed around 20 per cent to global turnover, while the Energy and Real Estate sectors contributed around 12 per cent each.

Paul McBride, partner and head of Pinsent Masons’ Belfast office, said: “Pinsent Masons has supported some of the region’s most landmark deals in recent times including Kaino’s £161m IPO on the LSE, the £200m investment ‘Gas to the West’ project and sale of six major retail parks including Junction 1 & The Outlet.

“These results across the firm are very encouraging and we are delighted to have played our part in such success.”

John Cleland, managing partner at Pinsent Masons, added: “Our vision is to be recognised as an international market leader in the global sectors in which we operate, and this latest set of results demonstrates further progress.

“It is particularly pleasing that we have managed to sustain growth and profitability while making unprecedented levels of investment into our business. Our partners recognise that if we are serious about becoming international market leaders we cannot stop investing. We have a good deal of momentum in the business and our focus now is on supporting clients based in the UK and elsewhere through what is likely to be a volatile and unpredictable trading period.

“Some time ago we assembled a multidisciplinary Brexit Advisory Team which is already engaged with clients globally to address the challenges and opportunities linked to Brexit. The year ahead is hard to predict, however our strategic focus on industry sectors, international platform and broad practice mix means our business is exceptionally well-placed to help clients respond to what lies ahead.”