Pinsent Masons
Use attributes for filter ! | |
Headquarters | London |
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United Kingdom | |
Revenue | 482 million GBP (2018–2019) |
482 million GBP | |
Number of employees | 2,500 |
No. of employees | 2500+ |
Subsidiaries | Pinsent Masons France LLP |
Xenion Legal GmbH | |
Official site | pinsentmasons.com |
Founded | England |
United Kingdom | |
No of employe | 2500+ |
No of offic | United Kingdom |
Falkland Islands | |
Date of Reg. | |
Date of Upd. | |
ID | 1125921 |
About Pinsent Masons
Pinsent Masons LLP is an international law firm which specialises in the energy, infrastructure, financial services, real estate and advanced manufacturing and technology sectors. The firm ranks among the top hundred law firms in the world by turnover.
Bankers' bonus cap scrapped allowing return of bumper rewards
... Anne Sammon a partner at law firm Pinsent Masons said she thought " superstar" traders would see higher bonuses fairly quickly...
Why it is becoming easier to sue big tech in the UK
... Single claimants could now bring legal actions on behalf of potentially huge numbers of people without their express mandate or even knowledge, unless they specifically opted out, Pinsent Masons LLP partner Alan Davis told BBC News...
EU Commission to make it easier to sue over AI products
... While such provisions in the directive could make businesses " unhappy" Sarah Cameron, technology legal director at law firm Pinsent Masons, said the rules helped clarify liability for AI-enabled products for consumers and businesses alike...
Start-up launches £495,000 hoverbike in Japan
... Science fiction Ben Gardner, of Pinsent Masons, told BBC News vehicles that once seemed like the far-distant future were becoming more tangible every year...
Why it is becoming easier to sue big tech in the UK
The UK is seeing a rise in people suing companies, including some of The Best known names in technology, en masse.
Research by Thomson Reuters shows The amount of damages being sought in what are known as class actions leapt from £4bn in 2021 to £26bn in 2022.
Apple, Google and Sony are among those being pursued for alleged breaches of Competition Law .
Lawyers say it is largely down to a 2021 change in The Law that encourages collective proceedings.
Single claimants could now bring legal actions on behalf of potentially huge numbers of people without their express mandate or even knowledge, unless they specifically opted out, Pinsent Masons LLP partner Alan Davis told Bbc News .
" In Europe, only two other jurisdictions - The Netherlands and Portugal - offer The possibility of such 'opt-out' class actions, which explains The increasing popularity of The UK as a venue, " He Said .
Toby Starr, of legal firm Humphries Kerstetter, said The Rise of technology companies in The Past decade plus " The exposure of millions of people to The behaviour of these giant corporations" was another reason for The increase.
Anti-competitive behaviourThomson Reuters competition lawyer Warsha Kalé said: " With this kind of Class Action gaining popularity, corporates have to be wary of acting in what could be seen as an anti-competitive way.
" Fines for anti-competitive behaviour in The UK can already be as much as 10% of a businesses' worldwide turnover.
" Now, a business can pay that fine And Then find themselves facing a separate Class Action composed of tens of thousands, or even millions, of customers. "
Sony is over claims it abused its market position to overcharge customers buying digital games or in-game content via The Playstation Store .
Apple faces a £1. 5bn claim over allegations it abused its monopoly power by overcharging customers through The App Store .
Meanwhile, online publishers Last Year filed a £13. 6bn legal action against Google, and its parent company, Alphabet, over claims it abused its dominant position in online advertising, depriving website owners of revenue.
'Massive cost'The UK's Competition Appeals Tribunal (CAT) first set a precedent to allow opt-out legal actions, after a over claims high fees led to people paying too much in shops.
The threshold had been set at a " relatively low level" Mr Davis told Bbc News .
" In effect, this has resulted in a proverbial opening of The 'floodgates' - More Than 20 collective proceedings are currently at various stages before The Cat and a significant number have now been certified by The Cat to proceed to trial on an opt-out basis, " He Said .
There are some constraints though, as Mr Starr points out, including " The judicial resources available, The Massive cost of these cases and The Absence , outside of Competition Law , of The legal machinery to assess damages for large numbers of people".
Source of news: bbc.com