In-house: Lloyds appoints real estate finance sub-panel ahead of summer global review

In-house: Lloyds appoints real estate finance sub-panel ahead of summer global review

Lloyds Banking Group has appointed a specialist sub-panel for commercial mortgage-backed securities (CMBS) work ahead of its global panel review this summer, with US and Magic Circle firms among those taking places.

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Law firms win pay battle with RBS as Clifford Chance, Linklaters and Allen & Overy reappointed

Law firms win pay battle with RBS as Clifford Chance, Linklaters and Allen & Overy reappointed

The tug of war between The Royal Bank of Scotland and its go-to law firms over a proposed pay freeze ended in victory for the lawyers, as Magic Circle firms Clifford Chance (CC), Linklaters and Allen & Overy (A&O) won appointments to the bank’s legal panel for the next three years.

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Reckitt Benckiser group GC Mordan looks to review and formalise panel

Reckitt Benckiser group GC Mordan looks to review and formalise panel

Reckitt Benckiser (RB) is making plans to carry out a UK panel review, with Bill Mordan, senior vice president and group general counsel (GC), also looking to formalise the company’s current panel arrangement.

The multinational consumer goods company currently has an informal panel arrangement in the UK, which consists of a two-tier system of seven firms. Tier one comprises Magic Circle firms Slaughter and May, Allen & Overy and Freshfields Bruckhaus Deringer, while tier two includes firms such as Eversheds and, in particular, Thrings’ office in Swindon, which support contract work, negotiations and some civil disputes.

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ITV pulls in panel firms in new development programme as it launches ‘gold plated’ CSR scheme

ITV pulls in panel firms in new development programme as it launches ‘gold plated’ CSR scheme

ITV is taking steps to embed its law firms in the fabric of the organisation by involving them in a new programme of training and development with its lawyers, as it also launches a new, extensive social mobility iniative involving private practice pairings with Microsoft, Yahoo and MTV. Continue reading “ITV pulls in panel firms in new development programme as it launches ‘gold plated’ CSR scheme”

Worth the money: Barclays to introduce value accounts for upcoming legal panel

Worth the money: Barclays to introduce  value accounts for upcoming legal panel

Failure to meet value targets set to result in firms partially refunding banking giant

As Barclays’ long-awaited review of its global legal panel moves closer to completion, it has emerged that the bank is set to shake up how it interacts with its external advisers with the introduction of corporate value accounts.

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