Performances seen around old time joints (6)

I believe the answer is:

gigots

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'joints' is the definition.
(gigot is a kind of joint)

'performances seen around old time' is the wordplay.
'performances' becomes 'gigs' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'seen around' is an insertion indicator.
'old' becomes 'o' (common abbreviation eg in OE for Old English).
'time' becomes 't'.
'o'+'t'='ot'
'gigs' enclosing 'ot' is 'GIGOTS'.

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I've seen this clue in The Independent.

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