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 .

pinsent masons llp has over 400 partners , a total legal team of around 1,800 people and more than 2,500 staff .

more than 500 of the firm 's staff are based in its international headquarters in the city of london .

it has more plc clients than any law firm except one .

pinsent masons was named ' law firm of the year ' in 2016 by respected industry magazine legal business and ' law firm of the year ' 2016 at the legal week british legal awards .

in 2015 it was named ' the most innovative law firm in europe ' by the financial times .

the firm has 22 offices across africa , asia pacific , europe and the middle east .

pinsent masons

we use ‘pinsent masons’ to refer to pinsent masons llp and affiliated entities that practise under the name ‘pinsent masons’ or a name that incorporates those words . reference to ‘pinsent masons’ is to pinsent masons llp and / or one or more of those affiliated entities as the context requires . © pinsent masons llp 2013 .
glassdoor has 26 pinsent masons reviews submitted anonymously by pinsent masons employees . read employee reviews and ratings on glassdoor to decide if pinsent masons is right for you .
international law firm pinsent masons won diversity innovation at the legal week innovation awards 2017 .
it is the latest in a series of acquisitions by pinsent masons . in march it
brook graham is now part of pinsent masons , a global 100 international law firm .
2 . pinsent masons employs over 2 , 500 people in total including over 1 , 500 lawyers , 500 of whom are based in pinsent masons ' international headquarters in the city of london .
douglas alexander said : “i am very pleased to have the opportunity to work further with pinsent masons .
pinsent masons has posted revenue up 5 . 5 per cent in 2015 / 16 , to £382m .
pinsent masons is launching its flexible resourcing service vario in australia , marking its first outpost outside the uk .
pinsent masons said it established a presence in brussels last year to “help develop insights around the future of europe” .
balfour beatty has been a client of pinsent masons for over 35 years across a wide range of practice areas .
pinsent masons already had a sturdy national network , and it ' s now set its sights on international expansion .
international law firm pinsent masons has acquired a minority stake in ' new law ' start - up business yuzu .
with immediate effect , all new business as usual work will be carried out exclusively by pinsent masons , while a limited panel of law firms - of which pinsent masons is one - will act on complex and business critical legal work .
pinsent masons has announced that its scotland and northern ireland chairman kirk murdoch has passed away following a battle with illness .
pinsent masons has acquired leading diversity and inclusion ( d & i ) consulting firm , brook graham for an undisclosed sum to expand into new sectors and territories . both pinsent masons and brook graham will continue to operate as separate businesses .
former secretary of state for international development , douglas alexander , has joined international law form pinsent masons as a “strategic advisor” .
international law firm pinsent masons is celebrating being recognized for its commitment to workplace diversity in the 2016 stonewall workplace equality index .
international law firm pinsent masons won the innovation in pricing and innovation in financial management awards at the lawyer business leadership awards 2016 .
about pinsent masons pinsent masons is a global 100 law firm , specialising particularly in the energy , infrastructure , financial services , real estate and advanced manufacturing and technology sectors . the firm employs over 3000 people in total , including over 1500 lawyers and more than 400 partners .
international law firm pinsent masons has swept the board at the ft innovative lawyer awards europe , being named the most innovative law firm of 2015 .
richard foley , senior partner at pinsent masons , said : “douglas has a stellar reputation as one of the most capable and engaging politicians of his generation .
heathrow airport has appointed berwin leighton paisner ( blp ) and pinsent masons to a new panel to advise on the development of its third runway and related policy .
international law firm pinsent masons has acquired diversity and inclusion consulting firm brook graham , as they ramp up efforts to support businesses across the globe improve workplace diversity .
pinsent masons is incubating yuzu by providing seed funding and strategic support during yuzu’s start - up phase in return for a minority shareholding . pinsent masons has been a prominent investor in new law models , founding flexible resourcing business vario – which last week announced plans to open in australia – and backing online compliance solutions business cerico .
when i joined and became involved in the firm’s lgbt network that i started to understand just why pinsent masons were the first , and how different to other companies – and specifically other law firms – the firm actually is . it’s not surprising that pinsent masons is ranked top law employer in the stonewall workplace equality index 2017 .
johannesburg will be the site of pinsent masons’ first office in africa , as the international law firm unveils a plan to become the premier infrastructure firm on the continent .
pinsent masons took a much different tack . from the beginning , they made a number of very smart decisions that have been effectively executed by their content marketing team .
“out - law showcases our expertise to a global audience and differentiates pinsent masons from every other law firm around . it has been a huge success for us . ”
pinsent masons is set to launch its third international office in 12 months in madrid , hiring a five - strong team including former telefónica deputy general counsel diego lozano .
pinsent masons has kicked off a redundancy consultation that puts all of its uk legal personal assistants ( pa ) at risk , with up to 100 jobs set to go .
international law firm pinsent masons has once again been recognised for its innovation in legal services , winning a place on the janders dean & lexis nexis legal innovation index 2016 .
there were three key reasons pinsent masons were looking for a fresh approach : a closer supplier relationship , a cost effective solution and improved user efficiency . before making the switch , pinsent masons insisted on an exhaustive test of lexispsl under real working conditions . this trial lasted approximately six months and involved around 400 lawyers at their offices across the country .
international law firm pinsent masons has announced its acquisition of brook graham , a market - leading diversity & inclusion ( d & i ; ) consulting company for an undisclosed fee .
by joining forces in this way , pinsent masons and brook graham will offer a more holistic approach to developing commercially and legally sustainable solutions for creating more diverse and inclusive workplaces .
pinsent masons takes an embassy approach to diversity and inclusion , which is designed to uphold its commitment to inclusivity while prioritising employee safety and remaining sensitive to local laws and cultures . kate fergusson , head of responsible business , says : “what we try and do is have an overarching statement of pinsent masons’ values and commitment to diversity and inclusion that means wherever [ an employee is ] in the world , if [ they are ] in a pinsent masons office then [ they ] can expect the same values to be in place . ”
pinsent masons said alexander will split his time between this and his roles as a senior fellow at harvard university , visiting professor at king’s college , london and advising u2 frontman bono .
in 2016 , pinsent masons also rolled out its previously uk - based employee assistance programme ( eap ) internationally to enhance the support available to its global workforce on a range of topics .
through the intranet , pinsent masons also offers access to ageing works , which provides information and resources about caring for elderly relatives with the aim of saving families time , cost and unnecessary stress .
pinsent masons’ approach to modern families is practical , collaborative and has an impressive community focus . from the outset , recruitment messages reflect the company’s aim of encouraging applications from all backgrounds and recruitment suppliers have been told of pinsent masons’ diversity and inclusion expectations . there are gender balanced shortlists for senior roles , adverts are placed in specialist diversity publications and there is an annual review of the diversity of applicants .
pinsent masons provides national and international expertise via a grass - roots , local communications structure . the client is always at the centre , harnessing our combination of global reach and understanding with our local sensitivity .
the firm said alexander will also “bring his considerable experience to bear to help pinsent masons and their clients develop business strategies to respond to those geopolitical issues that impact on business from time to time . ”
pinsent masons incoming senior partner richard foley has said that he will not change the firm’s strategic plans despite his defeat of incumbent chris mullen in the first contested election at pinsents for well over a decade .
appearing in front of mps , isaac admitted that his salary as an equity partner at law firm pinsent masons would “dwarf” the £50 , 000 he would collect as chair of the equality and human rights commission .
balfour beatty , the global infrastructure group , has agreed a ground breaking deal which will see all of its ' business as usual ' legal work in the uk carried out by international law firm pinsent masons .
pinsent masons communicates its commitment to diversity and inclusion from the moment an employee joins the organisation , as well as to prospective employees , and this has had a positive impact on talent attraction at the firm .
pinsent masons incoming senior partner richard foley has said that he will not change the firm ' s strategic plans despite his defeat of incumbent chris mullen in the first contested election at pinsents for well over a decade .
pinsent masons office network includes the major international business and financial centres of london , munich , paris , doha , dubai , beijing , shanghai , hong kong and singapore and the key business centres in the uk .
“at pinsent masons we want to be seen to be bold and show that if the product is right we are willing to disrupt the market . i am confident others will follow our lead in adopting lexispsl . ”
the decision to focus on one sector does not preclude further international expansion , says laudy : “you can expect to see more internationalisation from pinsent masons , more astute investments in geographies which connect with our existing network . ”
at pinsent masons we pride ourselves on a friendly , open culture , with a connected approach that echoes throughout the firm . we champion diversity and development , and are committed to investment in and retention of our people .
pinsent masons announced its partner promotions for 2017 with women making up 68 % of the individuals promoted . the firm beat its target of achieving 25 % female representation among its partnership by 2018 a year ahead of schedule .
international law firm pinsent masons has been ranked among the five most innovative law firms in europe by the financial times , and collected an award from the same publication for its ground - breaking work in the insurance sector .
the project will ensure that pinsent masons continues improves the balance of male and female representation in its partnership while making certain the firm ' s policies and working practices encourage and support talent across the entire business irrespective of gender .
details of the dates and deadlines for the firm’s insight evenings are available on the firm ' s website . pinsent masons’ insight evenings are open to all law and non - law students , although first years will be given priority .
when i was looking for a new role , pinsent masons emerged with a reputation for being an organisation with a great working environment , full of very friendly people and a culture in which you can really thrive and be yourself .
the acquisition will enable brook graham , which specialises in the strategic management of d & i in global companies , to expand into new sectors and territories powered by the reach of pinsent masons ' international , sector - focused presence .
chris vaughan , chief corporate officer at balfour beatty said “after several months of analysis and discussion , i am pleased we have reached this innovative partnership with pinsent masons . this move aligns with our strategic business intents and will bring benefit to both parties over the coming years . for balfour beatty , in addition to the substantial cost savings and closer strategic relationship with pinsent masons , the management information we receive will enable us to proactively manage legal risk across our uk business . ”
after only a year since opening its doors in sydney & melbourne , pinsent masons has secured a spot on the index which celebrates the most innovative firms and legal teams in australia and new zealand . pioneering a unique blend of legal expertise and technology , the firm has been commended for cerico , its cloud - based compliance solutions business , and termframe , an ai application forming part of a matter management system developed by pinsent masons , which impressed a prestigious panel of judges . cerico is a technology driven solution that automates compliance processes for businesses in a quick , cost - efficient and auditable way . by wrapping technology and process around pinsent masons ' compliance knowledge , cerico helps companies implement and monitor regulatory compliance programmes .
pinsent masons is a leading international law firm with more plc clients than almost any other law firm and a genuine commitment to d & i , making it the perfect cultural fit for brook graham . the firm provides a stronger operational platform from which to grow the business and be able to provide current and future clients with holistic d & i services and solutions which make a sustainable difference . we are delighted to be joining forces with pinsent masons to make this happen .
bad news im afraid . i noticed that pinsent masons had removed the page from their website and emailed them to check if it was just an error . unfortunately , they have discontinued the scheme ' due to a change in business requirements . '
head of employment and reward at pinsent masons and leader of project sky , linda jones , said :
by systematically tackling the obstacles to progression that women face , the firm has developed a more inclusive working environment for all of its staff .
pinsent masons has hired two south african lawyers and will open an office in johannesburg in february 2017 , the firm’s first physical presence in africa . the office will focus on infrastructure , a sector in which the firm aims to become the continent’s leader .
pinsent masons has already worked on african projects including the development of the gautrain railway between johannesburg and or tambo international airport , and advised turkish construction company yapı merkezi on the usd 1 . 7 billion awash - woldia / hara gebeya railway in ethiopia .
in 2015 , pinsent masons became sponsors of stonewall’s education programme . members of their lgbt network received ‘role model’ training and now visit schools around the uk to talk about being lgbt and share their personal journey to break down stereotypes and help eradicate bullying .
pinsent masons wanted to validate its mobile strategy to inform procurement of new secure mobile devices . the new mobile solutions would enable business processes to be mobilised by providing secure access to systems on the move and meet the diverse operational needs of a global business .
pinsent masons has been ranked one of the top five most inclusive employers in the influential ranking which assesses the inclusivity of workplaces around the uk . pinsent masons is the highest ranking law firm in this year’s index and has also been ranked in stonewall’s list of global diversity champions for the first time . david isaac , head of the advanced manufacturing and technology sector and chair of the diversity steering group at pinsent masons , says : “pinsent masons has worked hard to get into the top five of the index and we are delighted to be the top ranking law firm . we were up against a lot of very tough competition so it’s an achievement that everyone in the firm should be exceedingly proud of . ” pinsent masons senior partner richard foley says : “we are delighted with our ranking in this year’s workplace equality index . equality and diversity are critical foundations to our business and i am delighted that we have again been recognised by stonewall for the work that we do . it is equally pleasing to see a number of other forward thinking law firms being recognised - this is an industry issue where we can and should be supporting and celebrating each other ' s achievements . ” for more information about the stonewall workplace equality index , go to urltoken < http : / / urltoken / > .
pinsent masons is responding by aiming to develop its existing sector - focused relationships with clients into ever - closer cooperation .
it ' s about moving our relationships from being very strong into almost partnering relationships - so we work with the client rather than for the client ,
says alastair .
in practice that means putting together teams made up of sector - specialist pinsent masons lawyers and in - house lawyers to tackle projects together that neither us nor the client would be able to put together on our own .
pinsent masons office network extends across the major international business centres of london , munich , paris , brussels , düsseldorf istanbul , doha , dubai , beijing , shanghai , hong kong , singapore , sydney and melbourne - and the key commercial centres in the uk .
lesley brook , co - founder of brook graham said , “pinsent masons is a leading international law firm with more plc clients than almost any other law firm and a genuine commitment to d & i , making it the perfect cultural fit for brook graham . ”
pinsent masons’ stellar reputation for inclusion was confirmed by their second place overall in the 2017 stonewall index of equality in the workplace - they were the best - ranked professional services firm - as well as by making the times’ top 50 employers for women 2017 list .
pinsent masons’ single - minded focus on creating relevant and valuable content has paid off measurably for the law firm . the sheer volume of their website traffic , the size of their magazine’s request circulation , and their 15 , 000 strong enewsletter subscribership testify to their quality content .
aspiring pinsent masons trainees hoping to get a foot in the door at one of the firm ' s english offices need 300 + ucas points and a strong 2 : 1 degree . they will also need to achieve a commendation at law school in either their gdl or lpc .
pinsent masons is just the latest international firm to target south africa and use it as a foothold in the wider african market . firms including baker & mckenzie , hogan lovells and herbert smith freehills have joined norton rose fulbright in opening local offices , acquiring local firms and hiring local talent from south african firms , although pinsent’s move is distinguished by its sector - specific focus , rather than a standard full - service approach .
pinsent masons is a global 100 law firm , specialising particularly in the energy , infrastructure , financial services , real estate and advanced manufacturing and technology sectors . we work with clients including ftse 100 and aim listed companies , government departments and public sector institutions . pinsent masons is the only firm to operate across all three uk jurisdictions and we have been developing our overseas network of offices in asia pacific , the middle east , continental europe and africa . this reflects our strategy to become a firm of truly international reach , offering world - class service and excellent value .
pinsent masons has itself remained dedicated to creating a diverse and inclusive workplace . the firm is the top - ranked professional services firm in stonewall ' s workplace equality index and is named in the times ' top 50 employers for women . in may 2017 , pinsent masons surpassed its target of achieving 25 % female representation among its partnership by 2018 , a year ahead of schedule , following an effort to address gender balance at senior levels under its ' sky ' programme . sky was also recently awarded for ' diversity innovation ' at the legal week innovation awards 2017 .
commenting on the deal , lesley brook , co - founder of brook graham said ,
pinsent masons is a leading international law firm with more plc clients than almost any other law firm and a genuine commitment to d & i , making it the perfect cultural fit for brook graham . the firm provides a stronger operational platform from which to grow the business and be able to provide current and future clients with holistic d & i services and solutions which make a sustainable difference . we are delighted to be joining forces with pinsent masons to make this happen .
a research project by pinsent masons , costain and the university of cambridge investigated the extent to which the need for innovation is recognised and encouraged by the industry in general and in current contractual frameworks . we have set out various proposals which we hope will be useful and lead to further discussions .
pinsent masons llp is a full - service international law firm that ranks among the top 15 law firms in the united kingdom . the company has a total legal team of around 1 , 500 and has offices beyond the uk in china , dubai , qatar , hong kong , turkey , germany and france . in 2015 the firm announced plans to launch offices in australia . pinsent masons offers services in the areas of major projects , energy and utilities , construction , dispute resolution , outsourcing and technology , corporate finance , mergers and acquisitions , intellectual property , insurance , employment and pensions , property and tax .
thinking back almost 13 years to when i first joined pinsent masons , i was pleasantly surprised by the number of black and asian faces around the office , compared to what i had seen elsewhere in the legal profession . throughout my time at pinsent masons , i’ve been impressed by the commitment demonstrated , not only by senior management , but by colleagues across the business to diversity and inclusion at the firm and in the legal profession as a whole . the result of this commitment is that we continue to attract bame applicants who join us for vacation placements and training contracts and discover that inclusive culture for themselves .
if you thought all british law firms were stodgy and old - fashioned , you haven’t yet encountered pinsent masons . their name might be old - fashioned but their marketing sure isn’t . in fact , they have been doing online and print content marketing for eight years . and , it has paid off measurably .
pinsent masons is an excellent law firm strategy case study as the firm prides itself on having a clear and distinctive way of doing things . to find out more about it , and how commercial law firms in general operate today , we spoke to alastair morrison , partner and head of client strategy at the firm .
masons was without a doubt the pre - eminent construction firm in the country , whose clients included pretty much everyone who knows how to hold a shovel . and now , as pinsent masons , the firm ' s construction lawyers still represent some of the biggest players in the country , the likes of balfour beatty and bovis lend lease , and is involved in several large chinese - funded projects ( pm was one of the first uk firms to open an office in china ) .
brook graham has established itself as a market - leading d & i consultancy since 2004 and the demand for our services continues to surge . pinsent masons has a reputation for innovation and the mind - set for driving positive change that we need in order for the business to continue moving from strength to strength .
in 2013 , pinsent masons established project sky to address the gender imbalance within senior levels of the firm . they found that women fear they risk falling behind in their career when they take family leave . the company is now de - stigmatising working less than standard hours by promoting the concept that flexible working can be for everyone .
because of their single - minded focus on delivering great content through the dedication of two gung ho professionals , pinsent masons succeeded without spending money on unproductive marketing efforts . even though most of their competitors are still pouring out large sums of money down that rat hole . this has proved to be both a smart and a cost - effective approach .
the group is basically an arena for everyone to discuss common issues and get together . it helps create an environment that is conducive to its employees being happy in their role . for me , that makes pinsent masons a bit different from its competitors – the firm has a dynamic approach to employee issues and that flexibility can only encourage a better working environment .
the 2004 tie - up between pinsents and masons caught very few people by surprise - both had been falling behind national rivals dla and eversheds and were desperate to increase their national coverage . in fact , the eventual merger was such an open secret that rollonfriday managed to cybersquat the website masonspinsents . com . unwilling to shell out a large wad of cash to buy it back , pinsent masons was formed . in 2012 scottish firm mcgrigors was added to the fold , increasing the headcount of the firm ' s city office to more than 500 lawyers .
in addition , pinsent masons hosts a regular series of events throughout the year to further support its diversity and inclusion agenda . jonathan bond , director of hr , says : “this has the effect of keeping the theme of inclusiveness uppermost in people’s minds , and it underlines the fact that it’s an environment where people can be free to be themselves in every office . ”
pinsent masons then uses a framework of key competencies to decide who to invite to the firm ' s assessment centre . this consists of a psychometric test and an interview with a senior lawyer , who assesses traits like commercial awareness , confidence , attention to detail , drive , intellectual capability and sociability . those who come out on top at this stage nab a vac scheme .
london , 1st february 2017 – lexisnexis uk ( urltoken ) , a leading provider of content and technology solutions , today announced that pinsent masons ( urltoken ) , a global 100 law firm with an award - winning reputation for the bold pursuit of innovation , has chosen lexispsl as its preferred firmwide practical guidance platform and has rolled out lexispsl to its 1 , 800 lawyers .
the interesting thing about having a disability & wellbeing group is trying to work out exactly why you need one and what it can deliver . that’s why pinsent masons is particularly good at tackling disability - related issues – we know what’s needed . the obvious things that a disability group might focus on , like access and making bespoke arrangements for people are already well catered for .
the company turned to existing legal client , fujitsu , to deploy its proven workstyle analysis approach . over a course of interviews and workshops , fujitsu defined a broad range of business requirements to support four key work styles and linked them to recommended devices . a benefits roadmap was developed , providing line of site between investment in new mobile technology and delivery of pinsent masons business strategy .
“clients are aware of [ ai ] and how it will benefit them and they are asking the tough questions of us . in the past year we have gone from being in start - up mode to having the rest of the firm banging on our door asking about this , ” says david halliwell , a litigation lawyer and director of knowledge and innovation delivery at pinsent masons .
as part of the sector approach , pinsent masons trainees are encouraged to start developing close relationships with clients right away .
we assign trainees - known as relationship trainees - to our major clients for the duration of their training contract ,
says alastair .
and as they move practice areas , they stay involved with that client and the firm ' s relationship with them .
the acquisition marks a further commitment by pinsent masons to provide innovative and comprehensive solutions to the most pressing challenges facing its clients . most recently , the firm acquired a minority stake in ' new law ' start - up business yuzu . the firm also has a majority stake in cloud - based compliance venture cerico , and has recently expanded its legal resourcing hub , vario , into australia .
“the focus of the office is around infrastructure , ” says richard laudy , pinsent masons’ global head of infrastructure , and he is unequivocal about the scale of the firm’s ambition : “our long - term vision is to be known as the infrastructure law firm in africa . we are at the point where in order to achieve that vision , we needed to have a presence in a prime location . ”
having brought in a team of computer scientists and legal engineers to develop an artificial intelligence application which could be seamlessly interwoven with the firms ' legal knowhow , pinsent masons has integrated termframe as part of a matter management system which makes it straightforward to model legal scenarios and automatically pull in discrete parts of the firm ' s legal knowledge , for swifter and more consistent outcomes for both the client and lawyer .
pinsent masons has a longstanding reputation for innovation and the courage to do things differently , so their investment feels like a very good fit for us as we bring our in - house experience to the legal services market . yuzu embraces the opportunity to deliver efficiencies and transformation in a way which traditional private practice or other outsourcers cannot . we are a solution for gcs , designed and delivered by gcs . ”
international law firm pinsent masons employs almost 3 , 000 members of staff globally , with office locations spanning europe , the middle east , africa , the americas , and asia - pacific . the law firm , which featured in lesbian , gay , bi and trans ( lgbt ) equality charity stonewall’s 2017 top global employers list , works to ensure it provides an inclusive working environment for all of its global employees .
pinsent masons’ senior partner richard foley said in a statement : “africa is a fast - growing market with clear infrastructure need . it ' s a market where we are already doing significant business for chinese organisations , european contractors , investors and funds . having an on - the - ground presence in johannesburg , led by a team with a market - leading reputation will enable us to scale the existing practice significantly . ”
pinsent masons ' fierce ambition was a big part of its appeal for some of our trainee sources . one explained : “ i was quite impressed by the fact that when i applied , they ' d just merged with mcgrigors . it looked like pinsents was really trying to go places as a firm , rather than just being stagnant . it was exciting to see a firm looking at growing more than just organically . ”
even a small , dedicated content creation team can make all the difference when it comes to providing relevant and valuable information . because they have a single - minded focus , pinsent masons’ two talented and motivated professionals have been able to outperform an army of lawyers in other firms who have been drafted to create articles . those other legal conscripts lacked the time , inclination , the talent–or all three–to provide timely and consistent content .
talented people with family commitments can work in more agile ways – whether that is through home working or offering flexible working hours , pinsent masons will retain that talent and enable greater productivity . the firm is positive about flexible working generally and has piloted agile working in many of our offices . the idea of flexible working has been promoted as a viable and acceptable option , particularly in london , which i think has been successful .
the sector approach also suits pinsent masons because , alastair explains , the firm classifies itself as a
relationship - driven
rather than a
transaction - driven
firm . this means the firm has chosen to build up strong relationships with particular clients and work for them on an ongoing basis , rather than advising a very wide range of different clients on specialised transactions , such as mergers or ipos , as some firms do .
simon collin , director of legal markets for lexisnexis , said : “we are absolutely committed to building the very best practical guidance product in the market . we constantly look for partners who share this vision and will work with us to further evolve the product and help make it even better . in pinsent masons we found a world class partner who shared this vision and have worked hand in hand with them to make it a reality .
the merger also boosts pinsent masons’ ability to offer clients a more ‘holistic’ package for diversity programmes , in terms of both commercial viability and legal sustainability – whereby the firm is better position to support the creation of business cultures that are diverse and inclusive . for brook graham , the deal improves its reach , whereby its staff are better able to support business in a cross - section of the business world become more diverse and inclusive .
david halliwell , director of knowledge and innovation delivery , at pinsent masons said : “our strategy is to be an international market leader in our five global sectors . we can only do that if our lawyers have access to the best , most up - to - date resources . we are always seeking innovative ways of supporting them . above all , it’s absolutely essential that everything is relevant to the needs of our clients and their sectors .
in 2015 , the company launched pm @ pm ( parents matter at pinsent masons ) , a web ‘coaching’ portal for anyone taking family leave , including specific guidance to support people and their line managers . the portal is inclusive of parents in same - sex relationships and parents in their lgbt network were included in the consultation group . the company has issued over 400 licences to pm @ pm to parents and line managers since its introduction .
at pinsent masons , we take great pride in the work we do with our clients to think differently . innovation sits at the heart of our strategy . for us , it’s about more than finding ways to make an old model fit a new world . innovation is about fundamentally changing how high quality legal advice is formulated and excellent service is delivered . we are partnering with our clients to lead through innovation , rather than be disrupted by it .
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 .
i think pinsent masons is a great place to work . it has an environment which you are really happy to be part of . diversity and lgbt is at the heart of what the firm stands for . some of our most senior partners are openly gay and lesbian , and living in civil partnerships or marriages . we work closely with stonewall , and both our lgbt network and straight allies were active in the equal marriage and no bystanders campaigns .
unsurprisingly , the family support network group’s activities weren’t my first consideration when i joined pinsent masons five years ago . but i was about to get married and i was concerned about how my decision to have children would be perceived by the firm and whether it would affect my career prospects . when the time came , the group was a source of great support , where i could freely discuss issues such as flexible working before approaching my line manager directly .
the firm was recognised by the ft for a range of work including the development of ‘blended products’ , a solution designed by the firm to enable its insurance clients to offer customers a compelling alternative to annuities . this followed shock government reforms to the retirement regime which ended the compulsory purchase of annuities and had a dramatic impact on a number of insurance businesses . pinsent masons partner simon laight , who led the initiative , was singled out for commendation by the judges .
pinsent masons is an inclusive firm that is supportive of you as a person . if faith is integral to your identity ; it is reassuring to know that isn’t going to be overlooked . we have found that members of different faiths talk openly about how their faith influences them in the workplace – it’s quite an eye - opener to see how the same issue appears from different perspectives and we would like to provide a platform to share these perspectives for potential applicants .
the enewsletter is archived on the website going back to the beginning of 2007 . in addition , you can choose to receive it via rss feed . they added a smart and client centric twist to their rss content . they make 10 different rss feeds available that focus on specific legal and technology topics . that way , clients can focus only on topics most important to them . this is yet another example of pinsent masons’ focus on the information needs of their clients .
“to be ranked among the five most innovative law firms in europe for the second year in a row is a real achievement . our vision is to be recognised as an international market leader in the global sectors in which we operate , differentiated by our skillset excellence and approach to innovation . the ft research is a positive validation of that approach particularly because of the significant level of client input . the positive client feedback across a wide range of disciplines demonstrates that innovation is in pinsent masons’ dna . ”
the two - year training contract comprises four six - month seats , spent in four different practice groups , and combines regulatory and skills training . seat allocations take account of trainees’ preferences and aim to strike a balance between their choices and the firm’s requirements . in each seat trainees will be supervised by a senior colleague who will guide them through their learning and development in each seat . there is also full support from pinsent masons’ graduate development team who will meet trainees regularly to discuss their on - going performance .
joanne beckett , managing director of lexisnexis australia said :
to see the industry set aside competition and work together for the benefit of the client is very innovative for this sector and a sign that the ' age of the client ' has come to the fore in australia
. the accreditation follows pinsent masons being named most innovative law firm in europe and ranked among the top ten most innovative internationally headquartered firms in asia by the financial times . find out more about what we ' re up to here : urltoken
“being the first mover is not the only indicator of innovation in the profession . sometimes coming from behind can be a strength… . pinsent masons , which was ranked 16 th last year , takes first position in the ft’s overall index of top performers for the 2015 report… . if the story of the legal sector over the past 10 years has been dominated by the financial crisis , the rise of the client and globalisation , the one for the next decade is likely to be how the profession deals with new technologies . ”
david rennick , head of the australia is delighted with the achievement :
the firm has a track - record of delivering innovation to the market – it ' s part of the dna of the business . understanding what your client needs and responding to it in a way that works for them as well as you is fundamental . it ' s this collaborative and innovative approach that underpins our presence in australia , we developed a commercial proposition that would allow pinsent masons to bring something truly unique to the australian market .
as part of pinsent mason’s commitment to providing an inclusive working environment they have run events to increase understanding of modern families . the lgbt network and family support network worked together to screen the stonewall film ‘free’ and to host a webinar ‘living with the three of us’ .
i ' m currently going into year 13 so technically i ' m going to be looking at applying for 2018 entry to pinsent masons . i don ' t live in london so can anyone tell me if they offer anything in the form of accommodation or whether or not there are any hotels / flats that aren ' t too expensive that are in the area and easy to get to by train / walking from the firm ( i know this is unlikely as it ' s london but if anyone has any ideas would be much appreciated )
richard foley , pinsent masons’ senior partner said about the acquisition ,
we take a holistic view of the challenges that our clients face and have a successful track record of investing in businesses that have the potential to help our clients overcome these . brook graham is a scalable business with a strong reputation and an impressive client base to match . d & i is high on the agenda for organisations and combined with our own international network , legal expertise and dedication to d & i , i ' m confident that clients will reap the benefits of this valuable combined offering .
the focus on performance and delivery has raised awareness of new ways of working and improved technology has enabled the company to move away from traditional ‘office hours’ to a more flexible trust - based working relationship . a ‘core hours’ programme was introduced into pinsent masons’ corporate team to give lawyers the flexibility to come into the office from 10am and leave from 4pm provided client expectations are met . staff turnover changed from 30 . 2 per cent upon introduction in april 2014 to 17 . 5 per cent by june 2015 . allowing more flexibility in the working day has significantly helped to increase retention .
applying for the 2017 entry with the hope of getting a deferral . of the universities i am apply to , i can foresee only oxford as being likely to turn down a deferral request , but i only have a slim chance of getting an offer from them in the first place . in the unlikely situation i get an offer from oxford and pinsent masons accept me , but i couldn ' t do both , i would go with oxford . most universities , i imagine , would be happy for you to defer your place if your gap year involves 8 months working for a top law firm .
the aim of the group is to make pinsent masons the best place for women to work at all levels . we are looking to create a law firm which , as well as being a market - leader , is a place where women really want to work because they can develop successful careers and have an enjoyable working life . we encourage involvement from all members of the firm , and are delighted to have our male colleagues join the group or attend our events . the idea , after all , is to create an inclusive culture where every employee is encouraged , supported and treated fairly , and without bias .
for companies investing or operating in a certain jurisdiction there is no substitute for local knowledge and expertise . our team combines legal know - how with a practical understanding of both the legal issues and the business culture in germany to offer you peace of mind . some members of our team furthermore have exhaustive experience in advising clients on international business matters , gathered over many years of working abroad , for instance across asia . together with the lawyers located in pinsent masons ' global offices , they form multinational and multidisciplinary teams in order to ensure that we are always close to our clients ' business both in germany and abroad .
over the course of a number of weeks , attendees will be fully immersed in all aspects of working life at pinsent masons . they will experience a structured programme of work - based learning , skills training and presentations , as well as plenty of socialising and networking . the programme is available across all of our uk offices - with placements available in london , aberdeen , belfast , birmingham , edinburgh , glasgow , leeds and manchester . we typically recruit around 60 - 70 % of our trainee solicitors through this programme , but acknowledge that not everyone can undertake a placement and fill a number of training contract placements directly .
the firm ' s foray into the crowded international sphere will require it to ensure its growing brood of offices works together closely . one rookie commented : “ the slogan used is that we want there to be ' one pinsent masons ' which sounds clichéd , but i have seen it at work myself . i called up someone from paris to ask about a civil code issue and they provided loads of help and really took the time to talk me through it . ” another source found that “ partners move around a lot and make the effort to stay in touch with different offices . we feel very , very connected . ”
pinsent masons llp is a limited liability partnership registered in england & wales ( registered number : oc333653 ) authorised and regulated by the solicitors regulation authority , and by the appropriate regulatory body in the other jurisdictions in which it operates . the word ‘partner’ , used in relation to the llp , refers to a member of the llp or an employee or consultant of the llp or any affiliated firm who is a lawyer with equivalent standing and qualifications . a list of the members of the llp , and of those non - members who are designated as partners , is displayed at the llp’s registered office : 30 crown place , london ec2a 4es , united kingdom .
the firm has identified premises and begun work on fitting them out for the february launch , by which time it expects to have around nine partners and between 15 and 20 lawyers in place , which it would expect to add to in due course . when opened , it will be pinsent’s 22 nd office and follows this year’s launch in düsseldorf .
big law firms are pouring money into ai as a way of automating tasks traditionally undertaken by junior lawyers . many believe ai will allow lawyers to focus on complex , higher - value work . an example is pinsent masons , whose termframe system emulates the decision - making process of a human . it was developed by orlando conetta , the firm’s head of r & d , who has degrees in law and computer science and did an llm in legal reasoning and ai . termframe guides lawyers through different types of work while connecting them to relevant templates , documents and precedents at the right moments . he says ai will not make lawyers extinct but “is just another category of technology which helps to solve the problem” .


the amalgamated bank of chicago is a commercial bank headquartered in chicago , illinois .

in addition to its downtown chicago office , the bank has a branch office in warrenville , illinois .

until november 1991 , the bank was known as amalgamated trust & savings bank .

amalgamated bank of chicago

842 f2d 1270 amalgamated bank of new york v . amalgamated trust & savings bank
842 f2d 1270 amalgamated bank of new york v . amalgamated trust & savings bank | openjurist
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842 f . 2d 1270 - amalgamated bank of new york v . amalgamated trust & savings bank
to find out more about amalgamated bank of chicago , click here and let us introduce ourselves .
1922 amalgamated bank of chicago ( aboc ) is founded by the amalgamated clothing workers union to serve the financial needs of working people .
the amalgamated bank of new york , appellant , v . amalgamated trust & savings bank , appellee .
for personal banking services with an institution you can trust , look no further than amalgamated bank of chicago .
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the amalgamated bank of new york appeals the final decision of the trademark trial and appeal board ( ttab or board ) denying amalgamated bank of new york concurrent registration of its service marks , amalgamated and amalgamated bank . we reverse and remand .
you understand that by clicking on the send button immediately following this notice , you are providing ' written instructions ' to amalgamated bank of chicago under the fair credit reporting act authorizing amalgamated bank of chicago to obtain information from your personal credit profile or other information from experian . you authorize amalgamated bank of chicago to obtain such information solely to confirm identity .
note to amalgamated bank of chicago to upload and update your bank ' s rates please register . it is free to register and add rates .
for a more detailed analysis of amalgamated bank of chicago ' s financial condition and a description of what these numbers mean , please visit the financial details section .
amalgamated bank of chicago ( aboc ) will never ask for your social security number , atm pin , bank account number , user id or password in an email .
2007 the illinois / metropolitan chapter of the amalgamated bank labor council is established .
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amalgamated bank of chicago is an fdic insured institution located in chicago , il . it was founded in 1922 and has approximately $ 0 . 78 billion in assets . customers can open an account at one of its 2 branches .
the top three loan types in amalgamated bank of chicago’s loan portfolio are commercial real estate , multifamily mortgages , and 1 - 4 family residential loans .
also in 1998 , amalgamated acquired an 81 percent stake in the first trade union trust company . the name of this los angeles - based institution was changed to amalgamated trust company . amalgamated bank of new york shortened its name to amalgamated bank in 2000 .
amalgamated bank of chicago has worked hand - in - hand with community organizations to bring financial literacy to the community through an interactive educational money management program .
amalgamated bank of chicago branches and locations in your neighborhood . input a different zip code to find branches and locations for any neighborhood in the united states .
1971 aboc purchases and moves to one west monroe in the heart of chicago’s loop .
amalgamated bank of new york moves to 15 union square , which is still its headquarters .
amalgamated bank of chicago ( aboc ) reserves the right to change the terms , conditions and notices under which the aboc site is used . you are responsible for regularly reviewing these terms of use .
amalgamated bank of chicago has a capitalization of 9 . 73 % versus the bestcashcow average of 12 . 01 . capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet . the higher the capitalization number the more secure a bank is considered .
1969 the bank supports the chicago federation of labor and industrial union council in its boycott of california grapes , promoting fair working rights for american farm workers .
2 . amalgamated new york shall take no action adverse to amalgamated trust ' s continued right to use the designations amalgamated , amalgamated bank , amalgamated trust & savings bank , amalgamonster , or other terms incorporating amalgamated or its elements or variations as a formative part of its business in the state of illinois ; provided , however , that nothing in this agreement will preclude amalgamated trust from conducting advertising which might extend outside the state of illinois , or from dealing with customers who happen to be located outside the state of illinois .
amalgamated bank of chicago has a return on equity of 6 . 04 % versus the bestcashcow average of 9 . 35 % . return on equity measures how efficiently a bank is making money from its capital . a bank with a consistently high roe can be considered well run . a bank with a consistently low roe can be considered poorly run .
amalgamated bank of chicago ( aboc ) takes secure banking very seriously . our internet banking uses secure technology to encrypt your personal information such as user ids , passwords and account information over the internet .
if you receive any suspicious message from or about amalgamated bank of chicago ( aboc ) , or if you have a security incident related to aboc or aboc . com , please follow these steps :
1989 the illinois amalgamated bank labor council is established to assist the bank in developing ideas and exchanging information to improve the bank ' s services to the labor community .
first location of the chicago agency , at the owings building at the corners of adams & dearborn streets ( 205 dearborn street ) . photograph taken by j . w . taylor , courtesy of the chicago historical society . circa 1900 .
founded in 1922 by the amalgamated clothing workers union ( now known as workers united ) , amalgamated bank of chicago has always been dedicated to serving america ' s working people . with significant union ownership , we remain one of only a handful of u . s . banks devoted to the labor community .
amalgamated bank of chicago is your trusted banking partner . we meet a wide variety of commercial and consumer banking needs with a full range of products and services - including loans , checking and savings accounts , credit cards , cash management and trust services .
2015 the bank sells its state street headquarters and moves to 30 n . lasalle , the heart of chicago’s financial district . as part of the move , the bank unveils a new logo , website and mobile banking app .
compared to other banks in illinois , amalgamated bank of chicago has a significantly higher percent of multifamily mortgages , credit card loans , construction and development loans , commercial real estate on its balance sheet , potentially indicating a specialty in that lending area .
on the eve of the 20th century , the bank of nova scotia had a strong base in the maritimes as well as the start of a national and international network . in 1874 , the saint john , new brunswick branch became the first bank of nova scotia agency outside of nova scotia . nine years later , the bank amalgamated with the union bank of prince edward island .
1 . amalgamated trust shall not oppose either of the two applications by amalgamated new york to register amalgamated and amalgamated bank , and shall take no further action adverse to amalgamated new york ' s continued right to use said marks in its business throughout the united states , except for the state of illinois ; provided , however , that nothing in this agreement will preclude amalgamated new york from conducting advertising which might enter in the state of illinois or from dealing with customers who happen to be located in the state of illinois .
today , amalgamated bank is the largest majority union - owned bank in the united states . the bank’s corporate divisions include consumer banking , business development , investment management , and commercial lending . amalgamated has retail branches across four boroughs of new york city and one in washington , d . c .
find information from amalgamated bank , government agencies and other established organizations on topics like identity theft prevention and phishing .
founded in 1923 by the amalgamated clothing workers of america ( acwa ) , amalgamated bank was new york city’s first labor bank . until this time , banks were responsive almost exclusively to the needs of corporations and wealthy individuals . sidney hillman , the founder and president of the acwa , believed that hardworking people and their families deserved access to affordable banking , and it was from this principle amalgamated bank was born .
the bank is one of the first to reopen following panic withdrawals of the early depression era .
moreover , in april of 2006 , amalgamated bank proudly became one of the founding signatories of the united nation’s principles for responsible investment . click here to learn more about our corporate governance initiatives .
by entering your email address , you agree that amalgamated bank may contact you . you may unsubscribe at any time .
the following ratios and data are available to help you better understand the financial condition of amalgamated bank of chicago . the data is provided by the fdic . all banks listed on urltoken are fdic - insured . no depositor has ever lost deposits that have been within the fdic insurance limits .
1950s bank president william c . reimbold secures a special position for the bank in the federal reserve system , freeing up capital for the bank’s clientele .
colour reproduction of the bank of nova scotia coat of arms . the coat of arms was designed by a . scott carter in 1921 and approved by the college of heralds in 1951 .
amalgamated bank of new york - - and its sister bank in chicago , the amalgamated trust and savings bank - - were among the 36 union - backed banks founded in the united states during the 1920 ( 22 in the first four years of the decade alone ) . most of them failed to survive the great depression because they were run by union officials who made poor investments and often put ideology before prudence - - for example , by financing strikes and making unsecured loans to union members and supporters .
amalgamated bank of chicago takes tremendous pride in being a great place to work . we value the contributions our employees bring to the table every day . we work hard to nurture and maintain a mutually respectful , diverse culture that fosters teamwork and a commitment to exceptional customer service .
amalgamated bank’s commitment to being a voice for the people went beyond financial matters . in 1942 , adolph held , president of the bank as well as chairman of the jewish labor committee , joined a small delegation of american jewish leaders and met with president franklin delano roosevelt to appeal for immediate action to combat the extermination of the jews . amalgamated later became the bank for the special labor aid project which supported elderly jewish cultural figures in poland and israel .
amalgamated trust and savings bank ( atsb ) has conducted somewhat similar banking services continuously in the state of illinois since 1922 . atsb also advertises nationwide and has clients throughout the united states . its office is located in chicago , illinois . abny has no branch in illinois and atsb none in any other state .
by the early 1900s , a coast - to - coast branch network had been established , which continued to accelerate through amalgamations with other major banks . these included : the bank of new brunswick in 1913 ; the metropolitan bank in 1914 ; and the bank of ottawa in 1919 . with these amalgamations , the bank of nova scotia firmly established itself as a national institution and major canadian bank .
the amalgamated bank of new york was founded in 1923 by the amalgamated clothing workers of america ( which later became the amalgamated textile and clothing workers union , and , still later , the union of needletrades , industrial and textile employees - unite ) . the first labor bank in new york , it was also said to be the first bank in the city to operate on a profit - sharing basis with the depositors . amalgamated bank was originally located on east 14th street in manhattan but took a lease in 1925 on the five - story tiffany building adjoining union square , where its headquarters remain to this day . by this time , the number of its depositors had grown from 1 , 900 to 12 , 000 .
as of march 31 , 2018 , amalgamated bank of chicago had assets of $ 777 , 725 , 000 , loans of $ 422 , 917 , 000 , and deposits of $ 679 , 172 , 000 . long - term increases in deposits shows a bank ' s ability to raise funds to grow its loans and assets . loan and asset growth may rise or fall depending on a bank ' s strategy for growth . sharp rises and falls in assets , deposits , and loans can be problematic , indicating a loosening of lending standards , or financial distress leading to reduced lending . a big change in these figured can also be from a bank acquisition or merger .
as of march 31 , 2018 , amalgamated bank of chicago had $ 13 , 040 , 000 in non - current loans and $ 3 , 717 , 000 in owned real estate . to cover these potential losses it had $ 75 , 667 , 000 in equity and $ 5 , 732 , 000 in loans loss reserves . that gives it a texas ratio of 20 . 59 % .
on march 15 , 1983 , abny filed two applications in the patent and trademark office , requesting registration of the service marks , amalgamated and amalgamated bank . in its application , abny noted the existing use of similar marks by atsb in the chicago , illinois area . the applications were refused registration initially , but the refusals were withdrawn and the marks published for opposition on september 4th and 11th , 1984 . atsb filed for extensions of time to oppose the registration and its requests were granted .
koshetz , herbert ,
amalgamated bank to reduce charges for special checking ,
new york times , september 14 , 1965 , pp . 49 , 56 .
amalgamated bank of new york ( abny ) has continuously conducted banking services in the state of new york since its inception in 1923 . abny is primarily owned by the amalgamated clothing & textile workers union and promotes itself as a
labor bank .
its office is located in new york city . abny actively solicits business from unions and union members across the united states and also advertises extensively nationwide in search of its business .
robert w . sacoff of pattishall , mcauliffe & hofstetter , washington , d . c . , argued , for appellee amalgamated trust .
milletti , mario a . ,
amalgamated : cautious bank with union label ,
new york times , july 1 , 1978 , pp . 23 , 31 .
amalgamated bank of chicago understands how important your personal banking is to you . whether it ' s your first loan or saving for the future , we are your loyal , trusted banking partner . we can help you determine which of our comprehensive personal banking solutions is right for you - from checking and savings accounts , credit and debit cards , loans and mortgages , to iras and money markets .
the bank opens a branch in pasadena , california . ignoring the bank , which was reported to be taking measures to attract hispanic customers .
in 1882 , the bank began to turn its attention to markets beyond the maritimes and an agency was opened in winnipeg , manitoba . western operations quickly shifted to the united states of america where agencies began opening in minneapolis in 1885 , and then in chicago in 1892 .
tyson , david o . ,
union - owned amalgamated bank manages pensions by matching rates ,
american banker , october 25 , 1983 , pp . 24 - 23 .
mighty helps you track the impact of your money in your bank and grow what you value . get mighty .
our solutions are rarely “off - the - shelf . ” based on your individual needs , amalgamated bank of chicago will tailor make a solution that’s right for you . from major metropolitan cultural institutions to “mom - and - pop” shops , and everything in between , we meet the needs of corporate and institutional trust clients , government entities , commercial and real estate lending customers , unions and their members , and small - to medium - size businesses .
water colour of the john romans ' building located at the corner of granville & duke streets in halifax , where the bank of nova scotia opened for business on 29 august 1832 , its first location .
by 1889 , the bank of nova scotia ' s presence expanded southwards towards the caribbean with the opening of a branch in kingston , jamaica , to facilitate the trading of sugar , rum and fish .
the bank continues to seek ways to expand on the foundation it has built over nearly a century – one of high - quality , affordable and accessible banking for all . moreover , amalgamated bank is proud to be an advocate for the advancement of workers’ rights , offer products and services designed to support working families , and promote corporate responsibility through shareholder activism .
staying true to its ideals in support of the worker and standing up against greed and corruption , amalgamated became a supporter of the occupy wall street movement in september 2011 , and was “the bank for the movement . ” in its continued quest to enhance shareholder value , amalgamated filed a lawsuit against news corporation’s board in 2013 and achieved the largest settlement of a derivative lawsuit for news corporation ' s failed board oversight from its hacking scandal .
we know . you need more than a bank . you need a banker .
by the 1950’s , the bank started to broaden its range of consumer and commercial banking services . in 1957 , amalgamated provided home loans to the cooperative shareholders in the park reservoir housing cooperative in the bronx , new york , the first affordable housing development created under new york state’s mitchell - lama housing program . over the years , amalgamated has financed debt on the property and today the development serves thousands of families .
for over 90 years , amalgamated bank has led the way in offering banking services tailored to immigrants in new york city . recently , nyc officials announced idnyc , a new municipal identification card available to all city residents . as one of the few new york banks accepting idnyc as a primary form of identification to open a bank account , we are proud to continue our legacy of expanding banking access to immigrants and underserved communities .
eight years after the bank of nova scotia ventured out to the caribbean , the bank opened its first branch in toronto , ontario in 1897 . by 1900 , the bank ' s general offices were relocated from halifax to toronto . shortly after the turn of the century , the bank turned its attention to western canada where branches began opening in edmonton , calgary , and vancouver in 1903 , followed by regina and saskatoon in 1906 .
1997 aboc receives the
corporation of the year award
from the coalition for united community action / o . r . t . c . , inc . , for its outstanding support of minority and female entrepreneurs , strong commitment to the labor movement and leadership within the chicago financial community .
amalgamated bank established headquarters at 15 union square in new york city . from its inception , the bank has demonstrated its commitment to the needs of working people . in 1924 , it introduced the first unsecured personal loans for working families — with the main requirement being that a borrower have steady employment and earn enough to be able to repay the loan in modest installments . in time , virtually every bank in the nation adopted this innovation .
amalgamated opened a branch in lyndhurst , new jersey , and expanded into california in 2002 , when it opened a branch in pasadena . a unite executive told dave melendi of the
amalgamated bank of new york opened its seventh branch - - and its first outside the city - - in 1998 , in washington , d . c . , the home of afl - cio headquarters and to more than 40 labor unions . bank officials said that , as in new york , they would offer free checking accounts with no minimum balance . almost a year and a half later , however , amalgamated had brought in only $ 35 million in deposits , inspiring a letter from consumer advocate ralph nader chiding local union leaders for
in the early 1960’s , amalgamated took an important step forward by offering , for the first time , trust fund management services for unions . the 1970’s proved to be an active decade for amalgamated . in 1973 , amalgamated offered the first totally free checking accounts in new york and launched the trust and investment services division to serve the needs of union - related pension and benefit funds . in january 1973 , as a show of support and dedication to the causes of unions , bank employees worked all weekend to provide bail checks so that striking philadelphia teachers could stay out of jail . in 1977 , the health care financial services division was started to meet the specialized financial and banking needs of nursing homes and healthcare facilities .
amalgamated is a member of the star sf® , pulse® , moneypass® , accel / exchange® , allpoint® , mastercard® , or visa® / plus® atm networks . find thousands of surcharge free atm locations across the usa and around the world .
sustainability and a commitment to protecting the environment are important to amalgamated bank and the communities we serve . so , it was natural for us to testify last month before the council of the district of columbia to support the green finance authority establishment act , which would bolster financial support for sustainability programs in washington d . c .
on december 31 , 1831 , a large group of halifax businessmen met in the merchants exchange coffee house to discuss the need to create a public bank as an alternative to the privately owned halifax banking company . three months later , on march 30 , 1832 , royal assent was given to the bill incorporating
the president , directors , and company of the bank of nova scotia
, with an authorized capital of £100 , 000 of which £50 , 000 had to be paid up before business could begin . the bank of nova scotia became the first chartered bank in nova scotia and held their first shareholders ' meeting at the merchants exchange coffee house on may 10 , 1832 . by august 29 of the same year , the bank of nova scotia opened for business in the john romans ' s building . the original staff consisted of : cashier ( coo ) james forman : and tellers alexander paul , benjamin carlile ; and messenger james maxwell . the honourable william lawson was elected as the bank ' s first president .
capozzoli , cathy ,
amalgamated portfolios ' short term ' ,
pensions & investments , july 21 , 1980 , p . 38 .
amalgamated bank of new york had prepared itself beforehand for what proved to be the panic period of the depression by selling securities for cash and liquidating loans , even at a loss , until its holdings were all in cash and short - term federal treasury bonds . as a result , it was always able to reimburse depositors closing their accounts and was one of the first banks allowed to reopen following the bank holiday declared by franklin d . roosevelt following his presidential inauguration in march 1933 .
decisions of men who stand to lose if wrong are normally more reliable than those of examiners and judges .
one of the many things we ' ve learned during our century in this town is : you need more than a bank . you need a banker .
besides its headquarters and its washington , lyndhurst , and pasadena branches , amalgamated bank had , in 2003 , three manhattan branches , two bronx branches , and one in queens . total assets came to $ 3 . 28 billion at the end of 2002 , total deposits to $ 1 . 81 billion , and net income to $ 11 . 15 million . the bank ' s deposit options included checking , savings , and money - market accounts , certificates of deposit , and direct - deposit payments . it also offered bank cards and online banking . automobile , home equity , home improvement , mortgage , and personal loans were available . the bank also offered personal lines of credit and health - care financial services .
as japanese - made automobiles started to flood the u . s . market in 1980 , amalgamated stepped up with an offer to encourage consumers to buy american . we offered purchasers of domestic cars a half - percentage point discount on 24 - to - 36 - month auto loans . in 1982 , amalgamated continued to rally in support of union causes by giving a $ 200 , 000 loan to the striking national football league players association ( nflpa ) — this was an especially unique and bold move as the nflpa didn’t even have an account at the bank . in the 1980’s the bank also offered lines of credit to striking workers from eastern airlines and nynex .
it was the first branch of a canadian bank to open outside the united states or united kingdom and formed the basis of what would become a thriving network spanning some 25 countries throughout the caribbean and central america - a footprint that established scotiabank as the largest bank in the region and a continent - wide enterprise .
the texas ratio compares the bank’s non performing assets ( non - performing loans and real estate owned ) with its the bank’s tangible common equity and its loan loss reserves . a lower texas ratio indicates better coverage of problem loans . the closer the texas ratio is to 1 - to - 1 or 100 % , the less capital and reserves a bank has to absorb its loan losses .
in 2002 , amalgamated bank became the first plaintiff to take legal action against enron corp . managers for securities fraud in relation to the failure of the giant corporation in the previous year , and it was a member of the class - action lawsuit against the company . the bank also led litigation by shareholders opposing unocal corp . ' s investments in myanmar , challenged what it called excessive compensation for executives of general electric corp . and other firms , and opposed initiatives by some u . s . companies to relocate in bermuda in order to avoid federal taxation .
labor bank leases tiffany building ,
new york times , august 3 , 1925 , p . 27 .
today , scotiabank has become canada ' s most international bank and is known as canada ' s gold bank . from its establishment in a coffee house in halifax , nova scotia , scotiabank continues to grow and operate worldwide .
that
a lot of banks have been pulling out of california , especially southern california . we think that creates a need . we think with banks pulling out there ' s a lot of low - wage workers and hard pressed working people in southern california .
in 2003 , amalgamated opened a branch in uptown manhattan ' s west harlem neighborhood .
andrejczak , matt ,
new york ' s amalgamated to court hispanics in d . c . ,
american banker , october 6 , 1999 , p . 6 .
arvan , alice ,
amalgamated takes out ad to decry citicorp official ' s remarks on saving ,
american banker , march 3 , 1982 , p . 2 .
2003 aboc expands on its pledge to be “labor ' s bank , ” welcoming 12 labor organizations as significant investors .
please contact the bank for questions about their loan products . in the meantime you may wish to consider these offerings :
source of data : fdic , frb , ncua , occ , ots , sec , u . s . department of the treasury
1930s aboc is proof that a financial institution founded upon a strong socially conscious business philosophy can thrive in its community . the bank remains stable even during the throes of the great depression .
labor bank fetes its 40th year ,
business week , may 25 , 1963 , pp . 67 - 68 .
amalgamated expanded into political banking in 2011 gaining as clients dynamic progressive organizations that share its ideals — clients like the democratic national committee , the democratic governors’ association , and demos . in a show of support for the workers who were impacted by government shutdown in 2013 , the bank acted immediately to set up a program that offered furloughed federal workers an opportunity to get quick credit .
aboc express online banking service offers a full range of convenient , easy - to - use features that let you bank at home 24 hours a day , 7 days a week . you can :
clothing workers ' bank twenty years old today ,
new york times , april 14 , 1943 , p . 38 .
earn up to 5 . 00 % apy on balances up to $ 5 , 000 on premier bank - jul 5 , 2018
exterior of building , at the corner of hollis and prince streets . ink drawing by john m . lyle , architect . [ 1930 ] .
regardless of the clarity and intent of the parties ' agreement , the board supplied a solution which neither party requested - - it found likelihood of confusion between the marks . the federal circuit , judge rich writing for a unanimous court , reversed the board ' s holding , citing to the importance and validity of consent agreements between parties in assessing likelihood of confusion .
criminals are also prone to offer you large sums of money or attractive rewards in exchange for
assistance .
one common example is a person
needing help
who asks you to share your bank account number in order to
hold
large sums of money until he or she can retrieve it . in exchange , you may be promised a percentage of the deposit . the criminal will use your bank account number for fraudulent activity , but you will never receive your reward .
thrift financial report data , filed by thrift institutions through december 31 , 2011 , is maintained by the office of the comptroller of the currency ( occ ) . for additional information regarding thrift financial report data , please refer to the information provided by the office of the comptroller of the currency here .
amalgamated’s housing loan program was started in 1992 as a way to provide a source of affordable financing to residential housing developments that serve moderate and middle - income residents . the program has been a great success and has provided over $ 300 million in unsecured loans for capital improvements .
the legislative history of the lanham act indicates that one of the mainstays of trademark law is the encouragement of registrations in order to protect the owners of valid trademarks in the marketplace . section 1052 clearly states that
[ n ] o trademark by which the goods of the applicant may be distinguished from the goods of others shall be refused registration on the principal register on account of its nature * * *
then continuing to outline the exceptions to this rule . 15 u . s . c . sec . 1052 . one of the exceptions to the blanket rule of registration is whether a likelihood of confusion exists between the marks . id . at sec . 1052 ( d ) . but in assessing the likelihood of confusion , several factors play pivotal roles . among them is whether the parties whose marks are in question have agreed , in some form , to memorialize methods of avoiding confusion . dupont , 476 f . 2d at 1361 , 177 uspq at 568 . this memorialization or agreement is viewed in light of the parties ' interests and the prevailing marketplace . the majority in dupont best summarized the state of the law regarding such agreements :
another pivotal program the bank initiated was the first foreign - exchange transfer service . this allowed immigrants to safely send remittances to relatives in europe , payable in dollars rather than in local currency . in 1927 , the bank financed the amalgamated housing cooperative , the first union - supported housing development in the united states , which is located in the bronx , new york . this pioneering effort proved successful and more and more units were added over the years . by 1947 , the cooperative housed 700 moderate income families .
2007 the bank establishes a branch office at 28600 bella vista parkway in warrenville , illinois to service a growing union and corporate presence in dupage county .
paz , peter ,
n . y . bank opening branch on k street ,
washington post , may 13 , 1998 , p . c11 .
do not allow people to look over your shoulder as you enter your pin . memorize your pin , never write it on the back of your card . do not reenter your pin if the atm eats your card - contact a bank official
atsb never filed an opposition to abny ' s request for concurrent use registration and was declared in default on december 18 , 1986 . in the december 18th default opinion , the ttab instructed abny to provide ex parte evidence indicating it had a right to concurrent registration of the service marks in question . on january 29 , 1987 , abny submitted a motion and an affidavit by edward m . katz , president and chief executive officer of abny , outlining the background and development of the bank and the use to which the bank ' s service marks had been put .
while we do not suppose our knowledge of the banking business to be the equal of the board ' s , it appears possible to us that it would be impracticable for either bank to agree its advertising would never reach the other ' s territory , or that it would always reject a customer located there , without sacrifices that would be excessive to obtain the relatively modest advantage of registering a mark . we think , therefore , the board should have heeded the admonition of the ccpa in dupont :
the board seems to be of the view that it must not allow registration in face of a concurrent use of a similar mark unless the parties persuade it that each user is effectively fenced out of the trading area of the other with a buffer zone in between . it mentions other factors , but its dissatisfaction with the showing as to these factors is to it conclusive . accordingly , it rejects the agreement as insufficient proof .
we continue our legacy of supporting unions with our newly designed union strong credit card .
in light of the court ' s conclusion that the ttab erred in applying the proper legal standard to the concurrent use registrability of abny ' s mark , we reverse and remand .
urltoken ' s safe & sound ratings provide a star rating system to evaluate the current financial status of financial institutions . the information gathered about banks , credit unions and thrifts is updated as set forth in the terms of use of safe & sound ratings and reports . the safe & sound ratings information is grouped by categories of banks , thrifts and credit unions .
melendi , dave ,
' labor bank ' opens branch in pasadena , calif . ,
san garbriel valley tribune , august 31 , 2002 , p . 1 .
1996 amalgatrust , a division of aboc , establishes a customized labor - friendly proxy voting program .
office of the illinois state fire marshal ust search : ownership details for first gas , inc .
input your address and we ' ll find the location information of the branch closest to you .
interior of the kingston , jamaica main branch located at 35 - 45 king street , 1909 .
get the high - interest earning power of a savings account with the flexibility of a checking account . accounts below $ 100 , 000 and over $ 2 , 500 earn 0 . 85 % !
but there was no opposition and abny submitted to the trademark office a settlement agreement between itself and atsb . the agreement recited that each party had done business for many years under their present names , that each had been aware of the other ' s use of its name as at present , and neither knew of any instances of customers ' confusion , mistake , or deception . it stated that neither party objected to the continued concurrent use of the similar marks . the agreement provided in pertinent part :
let our financial learning center help you meet each financial stage of your life with knowledge and confidence .
source : international directory of company histories , vol . 60 . st . james press , 2004 .
by 1930 , it had become apparent that the current head office and halifax main branch ( 188 hollis street ) was too small for one of canada ' s fastest growing financial institutions . on august 3 , 1931 , the bank of nova scotia opened one of our most authentically canadian buildings . pre - eminent canadian architect john m . lyle designed 1709 hollis street from its structure to its decorative features , fixtures , and furniture , injecting motifs depicting canadian natural and economic history throughout the building . this jewel of canadian architecture continues to house our atlantic regional office , and halifax main branch .
- - - - - - ,
new york union - owned bank establishes an outpost in d . c . ,
american banker , may 15 , 1998 , p . 5 .
the post - second world war economic boom ushered in new growth for scotiabank . the many innovations pioneered by scotiabank during this period include : scotia plan loans , one of canada ' s first consumer lending products ; the public trading of gold ; and the appointment of the first women branch managers in canadian history .
another method used by identity thieves is offering illegitimate opportunities to purchase attractive goods or services at reduced prices or before they are available to the general public . often these emails are designed to obtain credit card or bank account information while the sender has no intention of delivering the goods or services purchased .
assuming , arguendo , that in some circumstances it would be appropriate to exact such separation from agreeing concurrent users , it would appear that recognition of the circumstances would require a knowledge of , e . g . :
always pay close attention to the atm and your surroundings . don’t select an atm at the corner of a building - a corner creates a blind spot . use an atm located near the center of the building . do your automated banking in a public , well lighted location that is free of shrubbery and decorative partitions or dividers
with our lockbox service , customers can access images of checks , envelopes , remittance forms and other documents online .
• an individual’s e - mail account is compromised by a criminal . the criminal , who is posing as the victim , sends an e - mail to the victim’s financial institution or brokerage firm requesting a wire transfer to a person or account under the control of the criminal . • an accounting firm’s e - mail account is compromised and used to request a wire transfer from a client’s bank , supposedly on behalf of the client .
the aboc website may contain links to other websites (
linked sites
) . the linked sites are not under the control of aboc , so aboc is not responsible for the contents of any linked site , including any link contained in a linked site , or any changes or updates to a linked site . these links are provided to you only as a convenience , and the inclusion of any link does not imply endorsement by aboc of the site .
1960s mayor richard j . daley attends the ribbon - cutting for the bank’s expansion at 111 s . dearborn street to house the personal , auto and household improvement loan departments , as well as a night depository .
in bongrain , bongrain international sought to register its mark ,
le petit delice de france ,
with the patent and trademark office ( pto ) . delice de france was the undisputed owner and prior user of a similar mark ,
delice de france inc . ,
surrounded by the picture of a chef . the pto permitted registration of bongrain ' s mark and denied registration of delice ' s mark . both companies entered into a written agreement noting that the concurrent respective uses of their marks on bakery items and cheeses would not cause confusion in the marketplace . the agreement stated :
[ t ] he marks the parties are using , the goods they have used them on , the pending applications to register , that there are no known instances of confusion between the marks , that the parties believe
that there is no likelihood of confusion between their respective marks ,
and that the parties
deem it to be in their respective best interests to agree to restrict the fields of use for their respective marks in order to avoid likelihood of confusion .
donald a . kaul of brownstein , zeidman and schomer , washington , d . c . , argued , for appellant .
fuel your dreams . for those important moments in life , we provide a variety of loans tailored to your specific needs .
our activism in the interest of shareholders was concretely demonstrated in 1992 with the introduction of the longview equity index fund , which provides union pension funds with investment products and actively advocates for enhanced shareholder value . since its inception , the fund has :
maintain an awareness of your surroundings throughout the entire transaction . be wary of people trying to help you with atm transactions . be aware of anyone sitting in a parked car nearby . when leaving an atm , make sure you’re not being followed . if you are , drive immediately to a police or fire station , or to a crowded well - lighted location or business
[ n ] ot subject to reasonable dispute in that it is either ( 1 ) generally known within the territorial jurisdiction of the trial court or ( 2 ) capable of accurate and ready determination by resort to sources whose accuracy cannot reasonably be questioned .
• contact your financial institution immediately upon discovering the fraudulent transfer . • contact law enforcement . • request that your bank reach out to the financial institution where the fraudulent transfer was sent . • file a complaint at www . ic3 . gov , regardless of dollar loss . provide any relevant information in your complaint and identify that your complaint pertains to the eac scam .
in the form of a statement credit after you spend $ 1 , 200 on purchases within the first 90 days from account opening .
as a condition of your use of the aboc website , you warrant to aboc that you will not use the aboc website for any purpose that is unlawful or prohibited by these terms , conditions and notices . you may not use the aboc website in any manner that could damage , disable , overburden or impair the aboc website , or interfere with any other party ' s use of the aboc website .
create a strong password . use a combination of letters , numbers and special characters . also , don’t use the same password for multiple websites
bongrain practically reflects the circumstances evidenced in the instant case . here , neither party wished to have the question of likelihood of confusion adjudicated . for over 60 years , each had conducted a banking business in specific areas of the united states and had coexisted , without confusion , for that same period . after a thorough examination of the marketplace , both abny and astb voluntarily entered into a consent agreement , delineating the markets in which each entity ' s mark would function . bongrain and dupont hold that such an agreement , in consideration with a case - by - case fact intensive analysis , would necessitate according substantial weight to the views expressed by the parties to the agreement when conducting a likelihood of confusion analysis .
wholly owned subsidiary of the union of needletrades , industrial & textile employees founded : 1923 employees : 433 total assets : $ 3 . 28 billion ( 2002 ) naic : 522110 commercial banking ; 522291 consumer lending ; 522310 mortgage and other loan brokers ; 523991 trust , fiduciary and custody activities
you are at the ffiec central data repository ' s public data distribution web site . through this site you can obtain reports of condition and income ( call reports ) and uniform bank performance reports ( ubprs ) for most fdic - insured institutions . the information available on this site is updated to reflect the most recent data for both prior and current periods . the earliest data provided is from march 31 , 2001 .
it can be safely taken as fundamental that reputable businessmen - users of valuable trademarks have no interest in causing public confusion . [ emphasis in original . ]
the ttab ' s reliance on its own views regarding the banking industry , rather than the views of the parties in question , contravenes the scope and intent of this court ' s precedent in dupont and bongrain . in fact , the motions and agreement filed indicated the contrary to the board ' s opinion .
for more information on any of our online services , contact your banker today . don’t yet have a banker ? click here and let us introduce ourselves .
• a criminal compromises an attorney’s e - mail account , which results in the exposure of client bank account numbers , e - mail addresses , signatures , and confidential information related to pending legal transactions . • the attorney’s compromised e - mail account is used to send overlaid wire instructions to a client . • a criminal compromises a client’s e - mail account and uses it to request wire transfers from trust fund and escrow accounts managed by the firm .
for any other security concerns , please contact us immediately at 866 - 440 - 2086 . we will share the details of your event to a security specialist .
please keep in mind aboc does not endorse third - party links that appear on this site . comments posted on aboc content do not represent the opinions of aboc .
[ t ] he marks and services are identical ; the trade channels are identical ; the parties have specifically agreed to use and advertise their marks in each other ' s territories ; applicant advertises nationwide ( presumably in the user ' s territory ) ; * * * the banking industry has undergone changes due to deregulation thus , bringing into question the effect of the absence of confusion during many years of concurrent use ; and the agreement does not show how the parties would avoid confusion * * * .
note : percentages may not sum to 100 % due to rounding and double categorization of some loan types . all data from the fdic . additional information about this table .
in the 1960s and 1970s , scotiabank began extending its network into asia . when the financial services sector was deregulated in the late 1980s and 1990s , the bank further diversified its canadian operations through major acquisitions , including investment dealer mcleod young weir ( 1988 ) , and trust companies montreal trust ( 1994 ) and national trust ( 1997 ) . during the 1990s , scotiabank continued to expand its presence in central and south america , making it one of the world ' s most truly international banks .
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early on consumers received email messages that seemed legitimate but asked for updated billing or personal information . these emails were designed to gather private information including : social security numbers , atm pin , bank account or credit card numbers . often a link to a fraudulent website was employed . this practice became known as
phishing
.