Clifford Chance, Freshfields Bruckhaus Deringer, Berwin Leighton Paisner and DLA Piper are among firms named on American International Group’s (AIG) new UK panel arrangement.
The insurance giant has named 29 firms in total, with Clyde & Co, Eversheds Sutherland and Macfarlanes also making the list.
The panel will last for two years and the process was managed by Patrick Fennelly, director and head of EMEA and APAC law firm management at AIG’s Legal Operations Centre. Fennelly also reports into Chris Newby (pictured) AIG’s EMEA general counsel (GC).
In March Legal Business revealed that the legal team at AIG was to carry out wider panel assessments for Europe, Middle East and Africa following the completion of the UK review.
The panel cycle at AIG EMEA is divided into three groups: the UK, ‘EMEA one’ and ‘EMEA two’. EMEA one includes firms in countries such as France, Germany, Italy, Ireland, the Netherlands and Spain and includes A&L Goodbody, Clyde & Co, CMS Cameron McKenna, DAC Beachcroft, DLA Piper, Kennedys, Norton Rose Fulbright (NRF) and Pinsent Masons.
Meanwhile, EMEA two includes the Czech Republic, Finland, Portugal, Sweden and Norway and also includes Clydes, CMS and DLA alongside Baker McKenzie and Dentons.
While the UK review was finalised on 31 March this year, the deadline for EMEA one firms is 31 July and for EMEA two firms 30 November. The insurer will then move on to reviewing its Asia-Pacific (APAC) legal panel (excluding Japan) to round off the two-year cycle. The 2017/18 reviews will address all business functions other than the recently established panels for asset management and M&A insurance. AIG also reviewed and formalised its Japanese legal panel last year.
AIG declined to comment.
kathryn.mccann@legalease.co.uk
Read more in: ‘A buyers’ market – The trends and traumas in adviser reviews’
The full list of panel firms is as follows:
Berwin Leighton Paisner
Bond Dickinson
BTO
Carey Olsen
Chadbourne & Parke
Clifford Chance
Clyde & Co
CMS
DAC Beachcroft
Dentons
DLA Piper
Eversheds Sutherland
Freshfields Bruckhaus Deringer
Holman Fenwick Willan
Kennedys
Macfarlanes
Mayer Brown
Mills & Reeve
Murphy & O’Rawe
Nabarro
Norton Rose Fulbright
Paul Hastings
Pinsent Masons
Plexus
RPC
Roose & Partners
Simmons & Simmons
Travers Smith
Weightmans
