Revenues down seven per cent at Pinsents in first half of year

The firm brought in £98m, which according to a firm spokesperson was “broadly what we were expecting.”

The drop in turnover compares with revenue growth during the first six months of 2008-09 when firm made £105m, a six per cent increase (7 November 2008).

Many firms have posted a drop in revenues at the half-year level. Wragge & Co dropped by around three per cent, Berwin Leighton Paisner by five per cent, Eversheds by six per cent, Allen & Overy by seven per cent and Simmons & Simmons by 16 per cent (9 November 2009).

However, Lovells and Norton Rose are expected to report flat results, Denton Wilde Sapte to have grown by 3.5 per cent and Watson, Farley & Williams by 15 per cent.