Profits at Eversheds Sutherland International have recovered from last year's dip, latest figures in the 2024/25 results season show. The top-50 firm today announced net profits up 6% to £185.7 million in the year to 30 April 2025 on revenue up 3% to £768.7m. Profit per equity partner increased by 8% to £1.4m. 

In 2023/24 the firm posted a small dip in profits on the same growth in revenue. 

Announcing the figures, Keith Froud, chief executive, said: 'These results build on our excellent track record, with year-on-year revenue and profit growth for the past eight years. In addition, our cash reserves stand at over £125m, reflecting the firm’s ongoing focus on financial management and providing a strong platform for sustainable growth.'

Froud said the firm had continued to invest in talent, with 40 partner promotions and 18 lateral partner hires in the year. 'In addition, we have once again ramped up our investment in technology, including AI and GenAI solutions within the business, and of course for our clients.’

Meanwhile international firm Pinsent Masons announced that, in the year to 30 April, profits per equity partner rose by 0.5% to £797,000 on firmwide revenue up 4.7% to £680m. The firm did not release a profit figure. 

In 2023-24, revenue grew 7.2% to £649.6 million while PEP shrank by 0.5% to £793,000. 

According to the firm, highlights of 2024/25 included opening offices in Riyadh and Shenzhen, 13 lateral hires and 24 partner promotions.  

Senior Partner Andrew Masraf said: 'In another year marked by geopolitical complexities and uncertain market conditions, our continued growth is a validation of our strategy. We’ve focused on enhancing the agility of our offer and in particular the ability to deploy expert cross-jurisdictional teams to ensure we can meet our clients exactly where they need us.'