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Law Firm of the Year Sponsored by Natwest

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Law Firm of the Year Sponsored by Natwest John Cleland and Richard Foley (centre) with James Tsolakis of Natwest and Alex Novarese of Legal Business LAW FIRM OF THE YEAR SPONSORED BY NATWEST PINSENT MASONS John Cleland; Richard Foley PULLING AHEAD OF THE CHASING PACK underlying that was a three percentage-point increase in New leadership has added extra flair and bite to the story of profit margin. Pinsent Masons over the last 12 months, already one of the This financial performance wasn't a one-off. Over five fastest-growing UK-headquartered firms in our Global 100 years, turnover has grown by 70%, which compares more than report over the past five years. favourably with any other large national firm with regional heritage. The firm posted revenue of £362.4m in 2014/15, up 12% on The firm is well balanced: its infrastructure, advanced the prior year. As well as being one of only two firms in the manufacturing and technology and financial services sectors Legal Business 100 top 25 to post double-digit growth, this was each consistently account for around 20% of the firm's accompanied by a 15% increase in turnover in London and turnover, with the energy sector contributing some 12%. HIGHLY COMMENDED ALLEN & OVERY MISHCON DE REYA STEWARTS LAW Wim Dejonghe Kevin Gold John Cahill The standout performer of London’s In 2015, Mishcon de Reya exceeded Demonstrating the rising stock of big four over the last five years, A&O its financial target of £100m revenue specialist practices in the UK top 100, saw revenue growth of 4% to £1.28bn a year ahead of schedule – the fifth disputes-only player Stewarts Law was in 2014/15, while profits per equity consecutive year that it has beaten one of the strongest performers overall partner came in at £1.21m, a rise of 8%. its target. The firm also moved to new in 2014/15, with turnover rising 13% to Significantly, A&O last year ushered in headquarters, promoted an all-female £52.4m and PEP up 14% to £1.3m. a bonus pool for ‘exceptional partners’ round of partners and converted to an in a bid to retain and attract key talent. ABS structure to allow non-lawyers into TRAVERS SMITH the partnership. Chris Hale MACFARLANES This firm has also turned in a highly Charles Martin STEPHENSON HARWOOD credible performance in the Legal Outstanding organic growth has Sharon White Business 100 in recent years and has supercharged this firm’s bottom line. Stephenson Harwood was among proved it is not just a one-trick pony. A PEP for 2014/15 of £1.56m means it the top-performing firms year-on-year 2014/15 saw record results, with a outstrips the London elite on individual for revenue and PEP in the Legal 9% rise in revenue, breaking the partner profits while it has been one of Business 100 in 2015 and fares well £100m boundary, while PEP was up the most successful top 100 firms over on a five-year track as well. The firm 8% to £947,000. Those results also the last five years with revenue growth cited robust growth in its London, mark back-to-back growth at the of 73%. China and Dubai practices. 300-lawyer firm. 56 LEGAL BUSINESS AWARDS 2016 NatWest is proud to be supporting British business. Congratulations to Pinsent Masons Law Firm of the Year at this year's Legal Business Awards For information on how we can help your business please contact: James Tsolakis Head of Legal Services, Professional Services Sector, Commercial and Private Banking Tel: + 44 (0)20 7672 1845 E-mail: [email protected].
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