The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
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.
Masons is hoping to secure a merger with Pinsents by the end of the month.
The combined firm would boast total revenues in excess of £150m. In the last financial year Pinsents reported £91.7m in turnover, with Masons' standing at £67m, according to the latest figures from The Lawyer UK 100 Annual Report 2004.
Profit per equity partner at the two firms is broadly similar, with PEP at Pinsents standing at £270,000 compared to Masons' £247,000.
In November 2003, Pinsents entered merger talks with 48-partner London outfit Nicholson Graham & Jones (NGJ). However negotiations collapsed in January, when NGJ has started negotiating a tie-up with US firm Kirkpatrick & Lockhart.
Last year Pinsents launched a chosen markets strategy, restructuring the firm into six cross-departmental groups: financial services and insurance, government, manufacturing, real estate, services and technology.