Lloyds Banking Group (LBG) has almost finalised its inaugural customer-pay panel with key spots allocated so far to firms including Hogan Lovells, CMS Cameron McKenna, Addleshaw Goddard and Osborne Clarke.
The panel, in which the bank’s customers pay the fees, follows a tender process and the bank is understood to be in ongoing discussions with other firms including Ashurst. There are a total of 12 places on the panel.