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Turnover is up at offices in Scotland; LAW FIRM.


International law firm Pinsent Masons has announced it notched up turnover growth of 7% to PS482 million during its 2018-19 trading year.

Pinsent, whose Scottish operations include offices in Aberdeen, Edinburgh and Glasgow, said key projects during the period included the PS50m sale of a portfolio of offshore wind farms by Scottish Equity Partners and Ithaca Energy's PS2 billion acquisition of Chevron's North Sea oil and gas assets.

The firm estimated its Scottish turnover was PS77m, also a year-on-year increase of 7%.

Pinsent employs 60 partners, lawyers and support staff at its Queen's Road office in Aberdeen, where corporate, oil and gas and employment specialists work on some of the largest mergers and acquisitions in the North Sea. Richard Masters, chairman of the group's business in Scotland and Northern Ireland, said: "It has been a successful year for our Scottish offices.

"We continue to secure mandates from global clients to advise on some of the most complex and valuable corporate deals which take place in Scotland, in addition to advising Scottishbased businesses with international operations."

Globally, the Londonbased firm opened its eighth international office in four years and diversified.

Managing partner John Cleland said: "We're continuing the transformation of our business from an expertisebased law firm into a modern, international professional services business with law at its core."

"It has been a successful year for our Scottish offices"

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Publication:The Press and Journal (Aberdeen,Scotland)
Geographic Code:4EUUK
Date:Jul 12, 2019
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