In this video, Magnusson senior partner Per Magnusson talks to Legal Week publisher John Malpas about the firm's success at the British Legal Awards, where it was named European Law Firm of the Year.

The firm took home the award for the second year running after it achieved its goal of pan-regional coverage of the Baltic Sea region, launching offices in Germany in February, Lithuania in May and most recently Ukraine.

The firm continues to offer pan-regional fee arrangements, helping it to win clients with various discount schemes and risk-sharing solutions, while over the past 18 months it has secured several major client wins including Axa, Coca-Cola, East Capital, Facebook, Ghelamco, Motorola and UBS.

The firm recorded an impressive 29% increase in fee income for the 2012-13 financial year, while a programme to boost female representation in senior positions has also yielded striking results – almost half of its offices are now managed by female partners.

Click here for more on the firm's British Legal Awards win.