Simmons, BLP and Reed Smith win places on Lloyds’ specialist roster as bank gears up for commercial panel review

Simmons, BLP and Reed Smith win places on Lloyds’ specialist roster as bank gears up for commercial panel review

Simmons & Simmons, Berwin Leighton Paisner (BLP), Bond Dickinson and Reed Smith are among 24 firms to win a place on Lloyds Banking Group’s (LBG) specialist sub panel, which sits below the bank’s main core roster of eight firms. Continue reading “Simmons, BLP and Reed Smith win places on Lloyds’ specialist roster as bank gears up for commercial panel review”

Shell moves to ‘appropriate’ fee arrangements for all matters following panel review

Shell moves to ‘appropriate’ fee arrangements for all matters following panel review

Royal Dutch Shell has implemented a rule that all new legal matters must be priced using ‘appropriate’ fee arrangements (AFAs), following the oil major’s most recent panel review in April 2016.

AFAs, which include capped fees, fixed fees and contingency fees, have been in place for all litigation work since June 2014, but now apply to all legal matters. In addition, every piece of work will be put out to tender to three or more panel firms.

Continue reading “Shell moves to ‘appropriate’ fee arrangements for all matters following panel review”