The firm
North West powerhouse Pannone is a full-service firm with clients split almost equally between businesses and private individuals. The firm's family and insurance teams really stand out, whilst the corporate team remains active in the mid market. Pannone was voted 3rd in the Sunday Times 100 Best Companies survey 2009 and remains the highest placed law firm since the survey began.
The star performers
Clinical negligence (claimant); Commercial litigation; Commercial property; Corporate and commercial; Corporate tax; Crime; Debt recovery; Employment; Family; Personal Injury; Personal tax, trusts and probate; Property litigation.
The deals
Acted for Chevron Ltd on £21.9m sale of part of its business to Gb Oils; continues to act in SFO prosecution of alleged cartel in the pharmaceutical industry; advised Reebok on issues relating to its merger with Adidas; recovered £7.9m in clinical negligence birth claim; represented Bluemantle on one of the largest mixed-use regeneration schemes in the region.
The clients
Bank of Scotland; Cheshire Building Society; Greater Manchester Passenger Transport Executive; HSBC; Kellogg's; Lloyds TSB; Nationwide Building Society; Persimmon Homes; Urban Splash.
The money
(from Legal Business magazine)
Turnover in 2008: £50.8m (+13% from 2007) Profits per equity partner: £337,000 (+23%)
The Lex 100 verdict
For the fifth year running Pannone is a Lex 100 Winner for social life, achieving the top score of any firm this year. This is in addition to performing well in the overall job satisfaction, living up to expectations, client contact, manageable stress levels and work/life balance categories, a very impressive tally. Trainees here are vocal in their praises, particularly singling out the firm's caring attitude - 'although it's a large law firm it has a small firm mentality in that it really looks out for its staff' and clearly Pannone fully appreciates that 'happy employees are productive employees'. Reputation precedes it - 'outstanding name in the North West' - and many trainees report that the vac scheme made them snap up job offers. The firm fosters a supportive atmosphere, with feedback given 'freely and sincerely'. A great choice for those seeking private client and commercial experience, work here could involve cases brought by holiday-makers who suffered hotel food poisoning to advising on an MBO. There is plenty of client interaction plus the thrill of doing your own advocacy, and 'good involvement on cases but without working excessive hours'. As in previous editions there are some grumbles about 'less competitive wages than some firms', but the majority feel Pannone 'strikes the ideal balance: large commercial firm without the unapproachable partners and a work hard/play hard ethos'. If you don't mind the weather ('it always rains'), have a sweet tooth ('the worst thing is the number of cakes that go around the firm for birthdays or great billing!'), and want a friendly bunch of colleagues who value 'hanging out with other trainees', look no further.