As general counsel continue to face pressure over costs, Pinsent Masons has acquired a 20% stake in New Law outsourcing business Yuzu, which was founded in January by former Colt group general counsel Robin Saphra.
The firm is providing seed funding and strategic support to start-up Yuzu, which offers clients the opportunity to transfer parts of their legal function out of the business in order to reduce fixed costs and benefit from further training, development and the use of modern technology.
