Osborne Clarke is poaching a partner from Liverpool firm Davies Wallis Foyster to expand its pension unit.
Kate Ive will be based in Osborne Clarke's Bristol office, where she will join the firm's two other pensions partners – Paul Matthews who was appointed a partner in May, and head of the unit Mark Womersley.
Gordon Brown, the Chancellor of the Exchequer, announced in the last budget that he will introduce new pensions share schemes in a finance bill at the start of next year.
Womersley says: “Demand for pensions work has increased dramatically in the last three years.
“We are positioning ourselves to cope with the anticipated rush in work deriving from the Government's current initiatives on share schemes.”
Clients of the firm's pensions unit include the Imperial Tobacco Pension Fund, Kier Group, Westbury Homes, Sharpe Fisher, and the Environment Agency.
The expansion of the firm's pensions capacity follows the creation of a network of banking departments across Osborne Clarke last month.
The firm poached in-house counsel Jeremy Cross from HSBC's Hong Kong office in October (The Lawyer, 25 October) and is still looking for two partners for the firm's City office.