Pinsent Masons continues revenue growth but slows down
Pinsent Masons has delivered another year of revenue and profit per equity partner (PEP) growth, though not at the rate it has been in recent years.
The firm’s revenue increased by 6% to £449.8m in the 2017/18 financial year, while its PEP rose 4% to £653,000. Last year revenue increased by 11% and PEP by 14%.
Pinsents managing partner John Cleland commented that the year was “unpredictable,” but nonetheless celebrated continued growth as “an excellent result.” After a year of expansion in such cities as Dublin and Madrid, Cleland stated that the firm would focus on consolidation moving forward.