Barclays’ lead legal counsel for client and customer experience Dean Nash has joined fintech startup Monzo bank as head of compliance. Continue reading “Rise of the fintechs: Barclays divisional legal head leaves for Monzo bank”
Google UK legal chief departs for GC role at tech start-up
Signalling the increased variety of opportunity within the in-house community, Google’s longstanding UK and Ireland legal chief Emma Jelley has departed the search engine giant for a role as general counsel (GC) at tech start-up Onfido. Continue reading “Google UK legal chief departs for GC role at tech start-up”
In-house: RBS loses divisional legal chief to property fund Valad Europe
The Royal Bank of Scotland (RBS) has lost a senior member of its in-house legal team, with banking lawyer Robin Macpherson, who headed legal for large corporate and sectors for the UK and Western Europe, leaving the bank. He joins real estate fund Valad Europe as head of risk. Continue reading “In-house: RBS loses divisional legal chief to property fund Valad Europe”
‘A matter of efficiency’: BAT drops Linklaters from bribery probe
British American Tobacco (BAT) has picked Slaughter and May as its sole legal provider for its investigation into allegations of bribery and corruption, removing Linklaters from the mandate.
Continue reading “‘A matter of efficiency’: BAT drops Linklaters from bribery probe”
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. Continue reading “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.
A buyers’ market – The trends and traumas in adviser reviews
The trend for reduced panels has seen law firms put through their paces by clients eager to drive innovation and control spend. Legal Business reviews the reviews
In-house teams may have grown in size and stature over recent years, but their external adviser panels are definitely shrinking. As a result, law firms find themselves increasingly at the sharp end during adviser reviews (see box ‘Cutting back’, below), with clients pushing for better rates, greater efficiencies and added extras.
Continue reading “A buyers’ market – The trends and traumas in adviser reviews”
Client profile: David Symonds, Johnson Controls International
The conglomerate’s EMEA GC on forging a groundbreaking sole-adviser mandate and its recent $16.5bn merger
In an area of the profession obsessed with talking up innovation and downplaying costs, David Symonds, EMEA general counsel (GC) for recently merged entity Johnson Controls International (JCI), is a name synonymous with both.
Continue reading “Client profile: David Symonds, Johnson Controls International”
In-house: Standard Chartered takes Barclays heavyweight as new divisional GC
Standard Chartered has recruited a top lawyer from Barclays’ legal team, with regulatory lawyer Chris Allen set to join the investment bank as its new general counsel (GC) for clients and products. Continue reading “In-house: Standard Chartered takes Barclays heavyweight as new divisional GC”
Revolving doors: Taylor Wessing strengthens in Europe as the New York Times appoints new GC
Taylor Wessing has added to its Warsaw office as 39 Essex Chambers brought in a new arbitrator and the New York Times got a new general counsel this week. Continue reading “Revolving doors: Taylor Wessing strengthens in Europe as the New York Times appoints new GC”