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Bell Pottinger North - Client News
Wednesday, November 22, 2006
Leading North West companies are 'hidden gems'

Two North West-based quoted companies are significantly underrated by the UK stock market as their share price does not reflect their impressive cash flow growth, according to the annual '2006 Hidden Gems Index' (HGI) from leading firm of accountants and business advisers, RSM Robson Rhodes.

This year's index of the top 50 hidden gems highlights that Speedy Hire (25th) and Topps Tiles (47th) have a combined market capitalisation of £901 million.

The 2006 HGI, the sixth annual ranking of companies whose cash flow growth is not reflected by their share price, shows that many strong performing companies are trapped by a 'glass ceiling', unable to achieve their full stock market value because of their relative size, sector or liquidity.

The Top 50 hidden gem companies from the 2005 index have seen share prices rise by 35% since July 2005, creating £12 billion in shareholder value, compared to 19% for the FTSE All Share.

However, the research suggests this share price growth significantly understates the full potential market value of these businesses. It also explains why the private equity firms dominating M&A have been willing and able to pay high premiums in order to secure companies ignored by the stock market.

David Barnes, head of RSM Robson Rhodes Manchester office said: "Many cash-driven businesses on the stock market should command a far higher share price than they do, but they are constrained by their size or sector. Often the only time they can get the recognition they deserve is when they are bid for. It's no wonder that private equity firms have made rich pickings by snapping up these companies."

Six companies listed in last year's HGI Top 50 have since been acquired - BPB, McCarthy & Stone, Paladin Resources, Pilkington, O2 and Richmond Foods. Many more of the index have been subject to bid speculation including Woolworths, Enodis and Morgan Crucible. This trend looks to continue as this year's Top 50 includes companies such as Northgate Information Solutions, a recent recipient of 'unsolicited' offers.

'Glass ceiling'
RSM Robson Rhodes' analysis is based on an assessment of up to seven years historic and forecast performance of companies showing good cash flow growth. The rating of this growth is measured by dividing the company's share price by the average of its forecast cash flow per share for the next three years.

RSM Robson Rhodes believes that its analysis highlights a 'glass ceiling' operating within the UK equity market. Relative market capitalisation, stock liquidity and sector classification can all conspire to leave growth companies on lower ratings than they deserve. These factors are clearly at play within the HGI Top 50.

The analysis also throws up the issue of which information should be used to assess the value of a company's equity. The recent successful bid for McCarthy and Stone (14th in 2005's HGI Top 50) highlights the limits placed on value by focusing on earnings and assets rather than cash. Analysts commenting on the deal referred to high multiples of earnings and net assets but countered that the price could be justified by assessing the deal on a medium term cash basis.

In other words, bidders who are prepared to use debt to finance deals are more likely to focus on potential cash flow than earnings or the value of assets today. Despite this, the RSM Robson Rhodes analysis clearly highlights companies which are demonstrating strong cash flow growth but whose stock market 'ratings' are constrained by valuations based on other metrics.

Success stories
It is not all about bid speculation, however. The experiences of the best performing company from the 2005 Hidden Gems Index, engineering company Charter, shows what hidden gems companies can do to improve their position.

Charter moved from 1st position in the 2005 HGI to 70th in the 2006 index. Charter has shown how a turn-around situation, appropriately communicated, can result in share price performance and higher equity valuations.

New solutions needed
The last six HGI studies have highlighted a critical factor in the relationship between the corporate sector and the equity market. Companies are not simply valued on their fundamentals. Instead, issues such as the relative size of the company, the liquidity of its shares and the sector classification will all have an impact on its value.

David Barnes added: "Our research provides a wake-up call to companies whose stock market rating is at odds with their growth expectations. The key message is to take an objective look at the business from a potential acquirer's perspective and to recognise the importance of communication. It's quite clear in today's environment that the stock market takes time to reward growth but is quick to react on the merest hint of bad news."

Barnes advises companies review their approach to investors in four key areas:

1. Understand the investment community - choose investment funds whose criteria may more closely fit the future performance of the company.

2. Monitor the shareholding register regularly and keep shareholders informed of developments instead of waiting for the equity market to tell them.

3. Monitor the analysts' forecasts for the company and seek to understand the method by which the shares are valued.

4. Prepare a defence document that addresses the key fundamentals of the business and explains the reasons for continued independence.

Ends

Press contact:

Vicki Baxter (01625) 506413 vbaxter@bellpottingernorth.co.uk, Rachel Mealing (01625) 506419 rmealing@bellpottinger.co.uk or Alex Henshall (01625) 506414 ahenshall@bellpottingernorth.co.uk at Bell Pottinger North

Notes to editor:

RSM Robson Rhodes LLP
RSM Robson Rhodes LLP is a Limited Liability Partnership. The firm practices from nine offices in the UK and Ireland, offering a full range of services to the public and private sectors. As the UK member of the world's sixth largest accounting and consultancy organisation, it is able to call upon the skills and experience of more than 20,000 professionals in over 70 countries. RSM Robson Rhodes is registered to carry on audit work by the Institute of Chartered Accountants in England and Wales and is regulated and authorised by the Financial Services Authority for investment business. Visit the website at www.rsmi.co.uk

Hidden Gems Index
The Hidden Gems index is based on all of the companies listed on the FTSE All Share Index ("All Share") with the following exceptions;

1. Financial companies; as banking, insurance and related companies generate cash in a different fashion from non-financial businesses; they are excluded from our analysis.

2. Insufficient data; the research requires four years of historic cash flow per share data. Companies who have listed within this period or whose data is not available to us are excluded from the analysis.

3. Negative cash flow; Hidden Gems is specifically interested in companies which generate positive cash flow per share. Those companies with negative cash flow per share are excluded.

4. Negative cash flow growth; the formulae used to construct Hidden Gems does not allow companies with negative cash flow growth to take part.

The index is calculated by comparing the growth in cash flow over the period ('growth factor') with the price divided by average annual forecast cash flow ('rating') to derive an index relative to the company SIC sector. In effect, a company whose cash flow both grows and is expected to grow at a faster rate than the wider market but whose valuation is lower than the wider market, is defined as a 'Hidden Gem'.

 
Glaisyers is UK's first to deliver RIBA accredited training

Manchester-based Glaisyers Solicitors has been named as the first law firm to provide training to RIBA (Royal Institute of British Architects).

The announcement comes following an intensive nine-month period of preparation by Glaisyers following RIBA's initial invitation to undergo the training assessment in early 2006.

Glaisyers are now accredited by RIBA to train architects in the following three key areas:

- Construction Disputes

- Employment Law

- Your Practice - liabilities, risks and opportunities

Nick Johnson, partner at Glaisyers commented: "We are very pleased RIBA will be recommending Glaisyers to provide its professional training to its members. A lot of hard work and effort went into this, which has definitely paid off. Glaisyers is now uniquely positioned in the legal marketplace as the only UK law firm with the authority to provide RIBA training to architects. This commitment from RIBA distinguishes us from our peers and automatically establishes Glaisyers as a key law firm in the region."

Senior members of RIBA originally attended a 'construction dispute' seminar hosted by partner and commercial litigation specialist, Mike Key. Impressed at the high calibre and relevance of the training material, the attendees immediately recommended Glaisyers to the RIBA assessment panel.

Minesh Patel, CPD marketing manager from RIBA commented: "We are delighted that Glaisyers have come aboard as the UK's first law firm to be accredited to train our members. They will have an extremely valuable input and we look forward to working with them in the future."

Ends

For further information please contact:

Alex Henshall
Bell Pottinger North
01625 506414

Glaisyers Solicitors
Glaisyers was established in Manchester in 1974. It is now a 15-partner firm with offices in central Manchester and Longsight. With a staff of 86 people they are a medium sized firm small enough to retain the general practice ethos but big enough to ensure that all solicitors are specialists in their chosen fields. The Manchester office specialises in commercial and residential property for both private individuals and commercial developers together with company commercial transactions, employment, personal injury, road traffic act cases, litigation and financial services.

 
Debt experts undergo rapid expansion

The Debt Advisor and The Business Debt Advisor (part of Compass Finance Group plc. one of the fastest growing providers of tailored and innovative debt solutions) are forging ahead with their plans to become one of the region's leading providers of tailored and innovative debt solutions having almost doubled their staff in the last quarter.

The Group has recruited a number of highly experienced individual voluntary arrangement (IVA) and debt management staff to handle a case load which is forecast to quadruple by the end of the month. The Debt Advisor is continuing its recruitment drive to meet the increased workload and intends to launch a graduate development plan to enable it to recruit high-level graduates who will be expected to progress and qualify as insolvency professionals.

The company is also spearheading the development of a personal insolvency qualification in conjunction with BPP Plc and the Insolvency Practitioners Association. Bev Budsworth, managing director of the Debt Advisory division, comments: "We are extremely confident about the rapid growth because we have a solid business strategy and an expert management team who are committed to establishing us both as a regional business leader and as one of Lancashire's key employers in this field.

"We're expecting our employment requirements to grow further, possibly doubling again over the next 12 months as we continue to forge ahead. By developing a qualification and investing heavily in graduates we are honouring our commitment to the industry and to our customers. Our aim is to provide a truly holistic approach to the debt problems of individuals and businesses, setting an industry standard going forward."

Recent figures released by Credit Action have revealed that at the end of September 2006 the total UK personal debt was £1,258 billion with a growth rate of 10.3 per cent against the previous year. The UK's personal debt is currently estimated to be increasing by £1 million every four minutes.

Bev Budsworth of The Debt Advisor is a member of the Government's working party, which was established to help those in the personal debt trap, and is passionate about making help widely available to those who need it most.

For further information and recruitment opportunities, visit www.thedebtadvisor.co.uk or www.compassfinance.co.uk

Ends

Press contacts:

Alex Henshall
Bell Pottinger North
01625 506444

Notes to editors:
The Debt Advisor is licensed by the Insolvency Practitioners Association to offer skilled and specialist advice on personal debt. Formed in 1999, the Debt Advisor works closely with those in debt to find solutions, which can protect assets from creditors, freeze interest and charges to repay debt in five years or less. At its website - www.thedebtadvisor.co.uk - there is useful information including an online debt calculator to assist with budgeting.

In June 2006, The Debt Advisor was acquired by Compass Finance Group plc. Which saw Bev Budsworth assuming the role of Managing Director of The Debt Advisory division of the business. Based in Bury, Manchester, Compass Finance Group plc is now the first organisation in the UK to offer a complete range of in-house financial solutions through the provision of individual voluntary arrangements (IVA's) and debt management plans for clients requiring debt restructuring solutions, and the brokering and packaging of mortgages, secured loans and unsecured loans.

BEV BUDSWORTH
Bev Budsworth is an insolvency practitioner with more than 20 years' experience in dealing with debt issues.

A regular media commentator, Bev has spoken on a wide-range of issues including divorce, self-certificated mortgages, DIY, mature debt and online gambling. She has been regularly quoted in The Guardian, Daily Telegraph, The Observer, Daily and Sunday Express as well as women's magazines including Woman and Red. In the last 12 months she has offered advice on regional television news programmes and BBC local radio phone-ins.

In June 2000 she established The Debt Advisor, one of the first firms to offer comprehensive advice on all debt issues. She had previously spent 17 years with an international firm of chartered accountants where she specialised in personal and business insolvency.

Her experience of dealing with personal debt issues led in 2005 to her being asked to join a government-led working party to look at ways of simplifying the formal procedures of helping people out of debt.

Since then she has led the way in calling for a professional personal debt/insolvency study course to be set up for all people involved in debt advice to individuals.

She works together with a psychologist and they have developed strategies to help motivate clients to change their lifestyle. As a busy married mother of three teenage children she understands the pressures that families face. She believes that with a positive outlook there is always a sensible way to deal with financial difficulties and turn lives around.

Bev recently launched a campaign to bring about a greater understanding of debt and its links to depression giving debtors in the UK access to a two-pronged approach to relieve the misery caused by debt. She is the first in the UK to offer debt advice and personal counselling under one roof. The campaign is geared to help those who are seriously struggling with the wider effects including depression, relationship breakdown, poor work performance and associated health problems.

 
Beachcroft Develops New Corporate Family Tree

Commercial law firm Beachcroft LLP is launching a unique service to help North West organisations investigate their corporate history, assess ongoing liability and protect themselves against potential claims.

The Manchester-based firm is using the expertise of specialist partners to research and develop 'corporate family trees' for organisations, including the history of any acquisitions, mergers and disposals along the way. The aim is to identify any past issues or liabilities that could result in unexpected claims against the business further down the line.

"When an organisation acquires another business, it may also inherit its history - which in some cases could involve potential unidentified liabilities," explains regional senior partner Iain Moore. "Companies can be completely unaware of these risks and, more worryingly, be unaware that there may be a hidden liability. Manchester-based T&N, which went into administration after huge asbestos claims, is just one example of a company who suffered as result of this issue.

"By using the expertise of our integrated teams, including litigation, corporate finance, and health and safety specialists, we can delve deep into the history of any company and develop a very extensive 'corporate family tree'. This unique research will pinpoint any potential claim that a business needs to be aware of, ensuring it is in the best position to prepare itself against it and identify the correct paymaster."

The new service which, to date, has been offered primarily to large financial institutions and insurance companies could be a vital resource for any company embarking on the acquisition trail.

"With globalisation and consolidation likely to continue in all industry sectors," adds Iain, "we are likely to see more legacy claims coming to light. To avoid unpleasant surprises, it is essential that firms establish what is happening in their own Group structures and invest in appropriate document management systems so that they can address their own potential liabilities when claims are made against them.

"We believe that this is an added value service we can offer to clients, reinforcing our role as long-term business partners and custodians of their legal and financial legacy."

-ends-

For more information, please contact:
Deborah Garritty/Emily Goehler, Bell Pottinger North
dgarritty@bellpottingernorth.co.uk / egoehler@bellpottingernorth.co.uk
Tel: 01625 506444

Notes to Editor
Beachcroft LLP (formerly Beachcroft Wansbroughs) is one of the largest national commercial law firms in the UK. With over 1,400 employees, it provides legal advice and litigation services from seven locations in the UK (two in London, Birmingham, Bristol, Leeds, Manchester, Winchester) and also in Brussels. From routine insurance claims management to 'trusted adviser' work for major national and international organisations, the firm delivers integrated legal services to clients in six main industry groups: health and public sector; real estate and construction; financial institutions (including the insurance industry); consumer and industrial goods and services and technology and telecommunications.

The firm has received a number of industry accolades in the last year. Chambers UK, A Client's Guide to the Legal Profession 2007, recognised 65 Beachcroft partners as leading lawyers, ranking the firm at number 16 in the UK, up from 19 last year. In Legal 500, a guide to the top 500 lawyers in the UK, the firm received a Tier 1 ranking for 17 of its practice areas across the UK. In Legal Week's client satisfaction survey, the firm came second amongst all law firms in the UK. Beachcroft is one of the largest law firms in the country to obtain the 'Investors in People' award across all of its offices.

The Manchester team currently includes 19 partners and 198 staff. Its partners have particular expertise and experience in commercial litigation, commercial property, injury/risk, professional indemnity, corporate/commercial and employment law.

For further information, please visit: www.beachcroft.co.uk

 
EIC COMPLETES WORK AT WARWICKSHIRE'S GEORGE ELIOT HOSPITAL

Leading mechanical and electrical services provider EIC has now completed work on the new education centre at the George Eliot NHS Trust in Nuneaton, Warwickshire. The project has been a landmark £4 million project for main contractor Shaylor Construction Ltd.

The £1.2 million mechanical and electrical installation contract, which began in January 2006, was co-ordinated by EIC to cause minimum disruption to the staff and patients at the hospital.

Electrical installation work included small power, lighting, external lighting, intruder alarm and CCTV system, fire alarm system, IT wiring, induction loops and a distribution system.

Mechanical installation included hot and cold water systems, low temperature hot water heating, chilled water facilities, above ground drainage, ventilation systems and an air conditioning system.

Joint managing director of EIC, Nigel Le Marechal comments: "The key to this particular project has been good co-ordination. Careful co-ordination of services was required due to limited space and the team pulled together to accommodate all other sub-contractors and to make sure the project was completed smoothly and without any major problems."

Chris Brown of main contractor, Shaylor Construction Ltd adds: "The team from EIC has worked hard to liaise with all parties concerned and its members were a welcome and reassuring presence on site."

- ends -

Notes for Editor
EIC provides project management, design, supply, installation, testing, commissioning and maintenance of electrical, mechanical control and data management systems to a wide range of blue chip clients. The company has a successful track record of partnering with major contractors such as AMEC, HBG, Taylor Woodrow, Carillion and Willmott Dixon, as well as carrying out a broad range of services for many High Street names and leisure groups including Debenhams, John Lewis Partnership, Tesco, Sainsbury's, Virgin, Primark, Littlewoods, Gap, Bhs, Co-op, ATS, Mitchells & Butler, Firmdale Hotels and the Hilton Group. EIC also works extensively throughout the health, education and commercial sectors working collaboratively with all members of a project team, providing innovative, sustainable solutions and best whole life value. For further information log on to www.eicltd.com or call 01789 269408.

Press contact: Elizabeth Swain @ Bell Pottinger North
eswain@bellpottingernorth.co.uk
(01625 506444)

 
Thursday, November 16, 2006
Building a reputation in Leeds


The Leeds office of national commercial law firm, Beachcroft LLP, has strengthened its specialist construction team with the promotion of Paul Washbourne to the position of partner.

Paul, who joined the firm as an associate in 2005 from Newcastle-based Dickinson Dees, originally qualified as a civil engineer before becoming a solicitor in 1997. In the last 12 months, Paul has worked closely with both the Leeds and Manchester teams in developing a broader offering of real estate services to both new and existing clients.

Commenting on the appointment, John Vasey, national head of Beachcroft's team of construction specialists, said: "Paul's first-hand experience of the industry, extensive personal contacts and direct practical manner have made him a valuable addition to the team. His ability to offer general development advice, as well as his knowledge of the law as it relates specifically to construction issues has helped us to broaden the range of commercial services we can offer to clients across the North of England."

Paul's appointment means that the firm now has a team of seven construction specialists acting for construction and property clients on both sides of the Pennines.

"I joined Beachcroft because I wanted to be part of this drive to develop a cross-Pennine centre of excellence in construction and engineering," added Paul, "and that's exactly what we're delivering. New instructions have included work from Balfour Beatty, The Hanro Group and, Shepherd Construction and we are actively developing an integrated construction and real estate offering for the health and education sectors. This focus on specific sectors helps us to provide clients with real experience of their market and the commercial issues they face on a day to day basis."

Beachcroft LLP is one of the country's fastest-growing commercial law firms, with dedicated teams working in the construction, technology, health, industrial and financial services sector from offices across the UK. The Leeds team forms part of Beachcroft's national property and construction practice of over 45 lawyers across four locations.


- ends -

For more information, please contact:
Debbie Garritty/Emily Goehler, Bell Pottinger North
dgarritty@bellpottingernorth.co.uk / egoehler@bellpottingernorth.co.uk
Tel: 01625 506444

Notes to Editor
Beachcroft LLP (formerly Beachcroft Wansbroughs) is one of the largest national commercial law firms in the UK. With over 1,400 employees, it provides legal advice and litigation services from seven locations in the UK (two in London, Birmingham, Bristol, Leeds, Manchester, Winchester) and also in Brussels. From routine insurance claims management to 'trusted adviser' work for major national and international organisations, the firm delivers integrated legal services to clients in six main industry groups: health and public sector; real estate and construction; financial institutions (including the insurance industry); consumer and industrial goods and services and technology and telecommunications.

The firm has received a number of industry accolades in the last year. Chambers UK, A Client's Guide to the Legal Profession 2007, recognised 65 Beachcroft partners as leading lawyers, ranking the firm at number 16 in the UK, up from 19 last year. In Legal 500, a guide to the top 500 lawyers in the UK, the firm received a Tier 1 ranking for 17 of its practice areas across the UK. In Legal Week's client satisfaction survey, the firm came second amongst all law firms in the UK. Beachcroft is one of the largest law firms in the country to obtain the 'Investors in People' award across all of its offices.

The Leeds team currently includes 21 partners and 169 staff. Its partners have particular expertise and experience in commercial property, public sector PFI/PPP projects, health, IT, construction, litigation, financial services and employment law.

For further information, please visit: www.beachcroft.co.uk

 
Wednesday, November 08, 2006
Beachcroft continues to boost Leeds employment team

In line with an increasing demand for employment law advice across Yorkshire, Beachcroft LLP has recruited a further two new solicitors to its Leeds-based team.

Catherine Bearpark joins the commercial law firm from Ford & Warren Solicitors and Nina Dale from Addleshaw Goddard. Their arrival means that Beachcroft's Leeds employment team is now one of the largest in the city with 15 specialist solicitors and partners.

Speaking about her new role, Catherine said: "As a Leeds graduate, I was looking for a large, local firm and Beachcroft provided the ideal opportunity. It's great to be part of a growing team and a firm which is going from strength to strength both regionally and nationally."

"I think a growing number of new solicitors are looking for opportunities outside of London," adds Nina. "This new role has ensured I can specialise in employment law at a leading firm, and stay in my home town, which has always been an important consideration for me."

Both Catherine and Nina will be responsible for providing strategic and operational advice on a range of human resources issues, including discrimination, equal opportunities, TUPE, and trade union and industrial relations.

The Leeds team has grown from strength to strength over the last three years and acts for a significant number of NHS Trusts in the area, as well as a growing number of corporate clients and high street names. It forms part of Beachcroft's national employment practice of over 65 lawyers across four locations. Short-listed for 'Employment Team of the Year' in 2005, the national practice has handled over 700 cases within the last 12 months, including the largest single test case in employment tribunal history.

-ends-


For more information, please contact:
Debbie Garritty/Emily Goehler, Bell Pottinger North
dgarritty@bellpottingernorth.co.uk / egoehler@bellpottingernorth.co.uk
Tel: 01625 506444

Notes to Editor:
Beachcroft LLP (formerly Beachcroft Wansbroughs) is one of the largest national commercial law firms in the UK. With over 1,400 employees, it provides legal advice and litigation services from seven locations in the UK (two in London, Birmingham, Bristol, Leeds, Manchester, Winchester) and also in Brussels. From routine insurance claims management to 'trusted adviser' work for major national and international organisations, the firm delivers integrated legal services to clients in six main industry groups: health and public sector; real estate and construction; financial institutions (including the insurance industry); consumer and industrial goods and services and technology and telecommunications.

The firm has received a number of industry accolades in the last year. Chambers UK, A Client's Guide to the Legal Profession 2007, recognised 65 Beachcroft partners as leading lawyers, ranking the firm at number 16 in the UK, up from 19 last year. In Legal 500, a guide to the top 500 lawyers in the UK, the firm received a Tier 1 ranking for 17 of its practice areas across the UK. In Legal Week's client satisfaction survey, the firm came second amongst all law firms in the UK. Beachcroft is one of the largest law firms in the country to obtain the 'Investors in People' award across all of its offices.

The Leeds team currently includes 21 partners and 169 staff. Its partners have particular expertise and experience in commercial property, public sector PFI/PPP projects, health, IT, construction, litigation, financial services and employment law.

For further information, please visit: www.beachcroft.co.uk



 
Thursday, November 02, 2006
Beachcroft and UWE achieve coveted training award


Commercial law firm, Beachcroft LLP, and the University of the West of England, Bristol (UWE) have achieved a joint training award for a unique property diploma initiative.

Presented at the 'National Training Awards Dinner' in Bristol - run by UK Skills - the coveted, regional award recognises organisations that are achieving outstanding success through training and development.

In conjunction with UWE's Advanced Legal Practice Diploma Course, Beachcroft's postgraduate property diploma is aimed at solicitors with up to three years' post-qualification experience. It is offered at each of the firm's regional offices, including Bristol, Manchester, Leeds and London. Believed to be the first of its kind in the UK, the diploma also counts towards a Masters degree at UWE.

"The programme has been developed to ensure standards of professional excellence across our national commercial property practice," said George Williamson, partner at Beachcroft. "It gives our solicitors a specific understanding of the commercial marketplace, and provides a well balanced mix of academia and practical experience.

"In addition to improving legal expertise, the programme introduces culture change and brings other benefits to the organisation. For example, our senior solicitors have worked as tutors at seminars and this has raised their confidence in public speaking and managing others.

"We believe our structured training programme, which has unanimous support across the department, is unique among law firms."

Dean of UWE's Faculty of Law, Professor Alan Bensted, said: "This is an excellent achievement for the Faculty as it demonstrates our ability to engage in Knowledge Exchange at a high level within the legal profession and in close collaboration with leading national firms of solicitors."

Seven candidates completed the Beachcroft diploma in 2005, with no failures, and a further four have completed the course so far this year - around 20 candidates are expected to complete the course in 2007.

UK Skills runs the training awards on behalf of the Department for Education and Skills. UK Skills Chief Executive, Jacqui Henderson, said: "These awards have always been about excellence, achievement and improvement. This means bottom-line benefits for employers and significant career development for individuals."

-ends-


For more information, please contact:
Debbie Garritty/Emily Goehler, Bell Pottinger North
dgarritty@bellpottingernorth.co.uk / egoehler@bellpottingernorth.co.uk
Tel: 01625 506444

Notes to Editor:
Beachcroft LLP (formerly Beachcroft Wansbroughs) is one of the largest national commercial law firms in the UK. With over 1,400 employees, it provides legal advice and litigation services from seven locations in the UK (two in London, Birmingham, Bristol, Leeds, Manchester, Winchester) and also in Brussels. From routine insurance claims management to 'trusted adviser' work for major national and international organisations, the firm delivers integrated legal services to clients in six main industry groups: health and public sector; real estate and construction; financial institutions (including the insurance industry); consumer and industrial goods and services and technology and telecommunications.

The firm has received a number of industry accolades in the last year. Chambers UK, A Client's Guide to the Legal Profession 2007, recognised 65 Beachcroft partners as leading lawyers, ranking the firm at number 16 in the UK, up from 19 last year. In Legal 500, a guide to the top 500 lawyers in the UK, the firm received a Tier 1 ranking for 17 of its practice areas across the UK. In Legal Week's client satisfaction survey, the firm came second amongst all law firms in the UK. Beachcroft is one of the largest law firms in the country to obtain the 'Investors in People' award across all of its offices.

The Bristol office currently includes 24 partners and over 400 staff. Its partners have particular expertise and experience in commercial property, public sector, PFI/PPP projects, health, IT, construction, litigation, financial services and employment law.

For further information, please visit: www.beachcroft.co.uk

 
Wednesday, November 01, 2006
Local woman first to sue for botched cosmetic surgery


A 32-year-old from Leeds has become the first woman in Yorkshire to turn to TJ Legal Solicitors' specialist cosmetic surgery negligence team to sue a private clinic and surgeon for a botched operation.

Following breast surgery at a local private clinic, Rachel Kidd has suffered disfigurement, asymmetry and scarring - her experience was so bad that she is now seeking recompense through niche law firm TJ Legal Solicitors.

One of a growing number of claims throughout the UK, Rachel's case will pave the way for other women - and men - in the region that may have experienced cosmetic surgery negligence.

"The number of women having cosmetic surgery is increasing all the time, but the private sector is inadequately regulated," says Mike Saul, partner, TJ Legal Solicitors. "People are especially at risk if they don't seek specialist advice and carefully research both clinics and surgeons.

"We are acting for women of all ages who have suffered from a range of problems including disfigurement, severe infections, nerve damage, scarring and psychological injury following cosmetic surgery.

"Unfortunately it seems many clinics are more concerned with making money than patient welfare, and some are getting away with employing doctors who have not completed the relevant higher surgical training.

We have spoken to scores of people who have received sub-standard surgery and appalling levels of aftercare at private clinics."

Last year, Manchester-based TJ Legal became the first law firm in the country to set up a specialist cosmetic surgery negligence team. Its service is geared towards supporting women and men by obtaining compensation to enable them to have corrective surgery and receive financial payments to cover any loss of earnings that they might have experienced.

Ends.

Notes to editors:
TJ Legal Solicitors is a niche law firm that specialises in proactively handling personal injury and cosmetic surgery negligence litigation.

Formed in 2000, the Manchester-based firm has successfully represented more than 4,500 clients - and over 80 per cent of them received their compensation in less than 12 months.

The firm is regulated by the Law Society of England and Wales and subscribes to the Client Care Charter of the Law Society and the Association of Personal Injury Lawyers.

For more press information contact John Butters or Emily Goehler at Bell Pottinger North on (01625) 506444 or email jbutters@bellpottingernorth.co.uk or egoehler@bellpottingernorth.co.uk

 

This feed contains news releases issued by the clients of Bell Pottinger North

www.bellpottingernorth.co.uk





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