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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ITV pulls in panel firms in new development programme

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.

The initiative, spearheaded by ITV’s director of legal affairs and third-party sales relationships, Barry Matthews, together with general counsel (GC) Andrew Garard, will see ITV roll out a four-prong development programme this year that will see it work closely with panel firms to help them understand its strategy and commercial imperatives.

For lawyers with more than two years’ PQE, ITV has partnered with Olswang to run a ‘peer partnership programme’, in which private practice and in-house lawyers research and write together a piece of management consultancy to present to Garard and Olswang chief executive David Stewart.

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In-house: National Grid conducts wholesale review of internal and external legal function

In-house: National Grid conducts wholesale review of internal and external legal function

National Grid‘s group general counsel (GC) Alison Kay (pictured) has launched a wholesale review of the FTSE 100 energy giant’s in-house and external legal function, which will look at whether the internal legal team is delivering the right services and adding value to the business, as well as a potential shake-up of both its UK and US external law firm panel.

The current UK panel, which was put together in 2011 when National Grid cut its roster of firms by 25% to 16, includes Allen & Overy, Linklaters, DLA Piper, Eversheds, CMS Cameron McKenna, Berwin Leighton Paisner and Field Fisher Waterhouse.

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