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Pinsent Masons’ annual profits up 14%

Multi-national law firm Pinsent Masons has reported revenue of almost €715 million for its 2022/23 financial year – an increase of 14% on the previous year.

Profit per equity partner was up almost 8% to €940,460).

During the year, the firm announced a number of hires and promotions in its Dublin office.

Litigation partner Lisa Carty joined Pinsent Masons to lead its litigation, regulatory and tax practice in Dublin, while Deirdre Lynch joined the firm to head its employment team.

Zara West, a specialist in financial services, litigation and insolvency, was promoted to partner, and IP litigation senior associate Karen Gallagher was promoted to legal director.

Acquisition

Pinsent Masons also launched its Vario service in Ireland, providing project management, client consulting, technology and legal-resources services tailored to clients.

During the year, it also acquired sustainable-finance business Morgan Green Advisory.

Ann Lalor (pictured), who heads the Pinsent Masons office in Dublin, said that the firm had enjoyed year-on-year growth since its Dublin office was set up in 2017.

Senior hires

“Our trading performance and profitability remained strong this financial year, as we advise clients on high-value cross-border transactions across multiple sectors – including financial services, technology, healthcare and energy,” she stated.

“Our litigation practice has grown exponentially as we represent our clients in multiple complex cases before Ireland’s Commercial Court,” Lalor added.

She also signalled that the firm was looking forward to announcing more senior hires soon.