Pinsent Masons wins Innovation in Pricing and Innovation in Financial Management awards at The Lawyer Business Leadership Awards

30 Sep 2016 | 12:08 pm | 1 min. read

International law firm Pinsent Masons won the Innovation in Pricing and Innovation in Financial Management awards at The Lawyer Business Leadership Awards 2016.

The firm's sole legal adviser partnership with energy company E.ON secured first prize in the Innovation in Pricing category.

Under the groundbreaking arrangement E.ON's UK legal function has reduced its roster of legal advisers to just one with the deal encompassing a full range of specialist legal services across the 12,000 employee business.

Jonathan Fortnam, a Partner at Pinsent Masons who led on the deal, said: "E.ON is an impressive business which plays a vital role in the UK energy market. This arrangement allows us to support them through the provision of a broad spectrum of specialist legal services, and give us the ability to develop with E.ON the type of long-term, sustainable relationship that is at the heart of our partnership."

The firm scooped the Innovation in Financial Management award for successfully implementing a combined procurement and contracts team into its existing business operations structure.

Between September 2014 and April this year the innovative approach to procurement delivered cost savings of £6.5 million on approximately £60 million of spend.

Legal Director responsible for the Central Procurement and Contracts Team at Pinsent Masons, Myles Blewett, said: "Successfully combining these two skill sets has broken the mould in the legal services industry which has so far seen relatively little penetration by procurement as a function in its own right and often reserved its expertise in this area for its client base.

"The firm recognises that it needs to practice what it preaches and has implemented a robust, consistent procurement and contracting solution for its own supply chain."

Latest press releases

Show me all press releases

Pinsent Masons advises Primary Capital Partners on management buy out

International law firm, Pinsent Masons, has advised Primary Capital Partners on its management buy-out of British engineering company Foster & Freeman.

Pinsent Masons hires two partners in Australia to boost its Finance and Projects team

International law firm Pinsent Masons has appointed partners Mark Waddell and James Morgan-Payler to further enhance the firm's infrastructure and energy practice in Australia and across Asia Pacific.

Pinsent Masons advises on Zagreb Airport refinancing close

International law firm Pinsent Masons has advised Međunarodna Zračna Luka Zagreb (MZLZ) on the c.€200 million refinance of Croatia's Zagreb Airport.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts