Norton Rose a winner as Standard Chartered names new UK panel
Standard Chartered Bank has unveiled its new panel of UK advisers, with Norton Rose making its debut on the roster and City rivals SJ Berwin and Bird & Bird among those to miss out. The new line-up, which follows the first review of the bank's domestic panel in four years, sees City firms Denton Wilde Sapte and Herbert Smith retained alongside southwest outfit Burges Salmon and national giants Addleshaw Goddard and DLA Piper.
March 20, 2008 at 11:56 AM
2 minute read
Standard Chartered Bank has unveiled its new panel of UK advisers, with Norton Rose making its debut on the roster and City rivals SJ Berwin and Bird & Bird among those to miss out.
The new line-up, which follows the first review of the bank's domestic panel in four years, sees City firms Denton Wilde Sapte and Herbert Smith retained alongside southwest outfit Burges Salmon and national giants Addleshaw Goddard and DLA Piper.
Norton Rose is added to the line-up for the first time, while SJ Berwin, Bird & Bird and Reed Smith Richards Butler are axed from the slimmed-down line-up.
Standard Chartered said its panel "needed to be streamlined" and stressed that there was "no demarcation of work" between the firms appointed.
The news comes after Standard Chartered last year unveiled its international panel, which included top 10 City outfits Allen & Overy, Clifford Chance, Linklaters, Lovells and Slaughter and May alongside international giant Baker & McKenzie.
Slaughters last year advised Standard Chartered on the issue of a $15bn (£ 7.4bn) debt issuance package, when City partner Nilufer von Bismarck took the lead role.
Last October Standard Chartered launched its own in-house training scheme to attract legal talent.
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