BDB Pitmans, Irwin Mitchell and Norton Rose Fulbright have been dropped from National Grid’s panel, understood to be worth about £12m a year in the UK alone, following an extensive tender process which saw firms pay to compete for spots.
Womble Bond Dickinson is the sole new appointee on a roster which reduced the number of advisers from 12 to ten. The review, which began in May this year, was potentially going to reduce the number of advisers to six, but Addleshaw Goddard, Bryan Cave Leighton Paisner, CMS Cameron McKenna Nabarro Olswang, Dentons, DLA Piper, Eversheds Sutherland, Herbert Smith Freehills, Linklaters and Shakespeare Martineau all retained their spots.
