Scott will join Olswang in the new year, when he will set about building Olswang’s profile in pensions.
“Olswang is probably the biggest UK firm without a pensions practice. With the new Pensions Act, it’s a good time to launch one. My remit is to build a standalone pensions practice and provide corporate support,” said Scott.
Scott joined Jones Day from Simmons & Simmons in 1999. He established Jones Day’s pensions team and was made a partner at the firm.
Scott said he intended to begin recruiting immediately, with the aim of establishing a team of five lawyers in the next four to five years.
Olswang chief executive officer Jonathan Goldstein commented:
“As our corporate business continues to grow, we’re continuing to see a need for pensions advice, especially when assisting clients on major corporate transactions.”
Jones Day declined to comment.