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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Pinsent Masons has posted a 4 per cent increase in turnover for the first six months of 2012/13, compared with the same period in 2011/12.
The firm’s turnover for the first half of the financial year was £146m, up from £140m. Pinsent Masons merged with Scotland’s McGrigors on 1 May (6 February 2012) and the 2011/12 half-year figure of £140m was calculated by combining the firms’ discrete turnovers for the first six months of that year, despite McGrigors working to a different financial year.
Pinsent Masons’ turnover for the first six months of 2011/12, without adding McGrigors’ revenue, was £105m, which was up 6 per cent on the previous year (16 November 2011).
In a statement, Pinsent Masons’ managing partner David Ryan said of the firm’s 2012-13 results: “2012 has been an important year for the firm, and we’re already benefitting from the merger with McGrigors and our expansion in Europe and Asia. I anticipate that our enhanced reach and capability will put us in good stead for the second half of the year.”