Legal Business

With the territory

With Barclays’ GC Mark Harding recently announcing his retirement, the search is on to replace one of the biggest jobs in City law. Legal Business assesses the much-changed role of bank legal heads in the post-Lehman world

When news broke in February that Mark Harding, general counsel (GC) for Barclays, was resigning after ten years in the top post, it sent ripples through the City profession. In replacing arguably the most high-profile GC in the country, the market is divided over whether Barclays should recruit internally or from private practice. The professional world that Harding has dominated for so long has changed almost beyond recognition. In filling those shoes, Barclays will be looking for much more than a leading corporate lawyer.