Multinational legal firm Pinsent Masons saw a significant increase in revenue this year alongside providing legal services for high profile UK businesses.
Pinsent Masons, who have hundreds of Scotland based staff and have been led by Scottish managing partner Laura Cameron were reported in The Scotsman to have had a 7.2 per cent hike in revenue with £649.6 million in profit.
Laura Cameron was elected as the firm’s first female managing partner midway through the previous financial year. Of Pinsent Masons’ 3,300 international staff, around 550 are spread across the firm’s offices in Aberdeen, Edinburgh and Glasgow.
It has been reported that the firm’s trademark specialists also provided pro bono legal services to Women’s Aid to support the charity’s expanded Rail to Refuge scheme which financially supports survivors of domestic violence travelling to refuge accommodation in the UK.
Other deals include acting as UK counsel to Aker Solutions in its £2.75 billion joint venture with Schlumberger and Subsea 7.
Managing partner at Pinsent Masons, Laura Cameron, said to The Scotsman: “Longstanding year-on-year growth has enabled us to remain resilient and to invest into critical aspects of our business such as tech innovation, professional services capabilities and boosting our partnership via a combination of strategic lateral hires and internal promotions.
“From launching a satellite office in Abu Dhabi to strengthen our cross-border Middle Eastern capabilities to being the only law firm supporting the UK Government’s AI opportunity forum exploring how to more effectively deploy AI, we’re focused on enhancing creative and forward-thinking legal services delivery.
“While every business continues to grapple with a challenging economic environment, we’ve advised on a number of high profile mandates across our multinational business, from advising the International Finance Corporation on its dry port development in Laos to supporting Técnicas Reunidas on its energy transition project in Eastern Europe.”
