Pinsent Masons sees income tick up 4%

NATIONAL law firm Pinsent Masons has reported a 4% rise in fee income for the year to end of April.

The turnover figure of £221m does not include any contribution from smaller rival McGrigors – with which it merged on May 1.

Incorporating the recent financial results for McGrigors – which had a different year end –  the turnover for the combined firm in the last 12 months was £295m.

In Manchester McGrigors has now moved to 3 Hardman Street – minus a 10 strong construction team led by former office managing partner David Moss – which has gone to Eversheds as a result of client conflict.

The combined firm is now 180-strong in Manchester and is led by corporate partner Helen Ridge.

Commenting on the financial figures national managing partner David Ryan said: “Our results show that we are continuing to perform strongly in a difficult market.

“The continued investment in our staff and infrastructure has increased our ability to respond to changing client demand.  The merger with McGrigors built on this, and as a combined firm we are in a strong position for growth in the coming years.”