Pinsent Masons’ global turnover up six per cent to £450m

Pinsent Masons today revealed its unaudited results for 2017-18 which shows global turnover increased by six per cent to £449.8 million.

The international law firm has a major office in Belfast and opened a new office in Dublin this year.

Its latest figures show that fees billed rose by 10 per cent on the previous year and, in the last five years, turnover has increased by more than 40 per cent while profit growth has risen by 60 per cent.

The results showed that approximately 90 per cent of revenues are now generated from clients in its core global sectors of advanced manufacturing & technology, financial services, infrastructure, energy and real estate, and profit per equity partner increased by 4.4 per cent.

Pinsent Masons chair of Scotland and Northern Ireland, Richard Masters, said: “Our involvement in some of the largest corporate transactions, representation at the top levels of strategically important bodies such as Fintech Scotland and the TechX initiative, and the promotion of our next generation of talented lawyers show that our Scottish offices are in robust health.

“Continued investment in our people and in smart technologies coupled with a expansive global footprint with unrivalled cross-border expertise will help us maintain our leading position in the Scottish and international market place.”