Genworth Financial European in-house legal team grows to 22 lawyers
Genworth Financial is set to boost its in-house legal team with plans to expand capacity in Europe and review its outside counsel. The US insurance company is looking to add a commercial lawyer in Italy and a compliance specialist in Scandinavia, with one further lawyer set to join from GE Capital. The hires, which will take the team from 19 lawyers to 22 - including 10 in the UK - follow the January appointments of Miguel Munoz Gaztanaga from Lovells in Spain and Guillaume Lachaud in France.
March 04, 2009 at 10:02 PM
2 minute read
Genworth Financial is set to boost its in-house legal team with plans to expand capacity in Europe and review its outside counsel.
The US insurance company is looking to add a commercial lawyer in Italy and a compliance specialist in Scandinavia, with one further lawyer set to join from GE Capital. The hires, which will take the team from 19 lawyers to 22 – including 10 in the UK – follow the January appointments of Miguel Munoz Gaztanaga from Lovells in Spain and Guillaume Lachaud in France.
European general counsel James Rember is also in the process of reviewing relationships with external law firms, with the company already cutting back its legal advisers over the last 12 months from 28 to around 20.
New additions in the UK include Pinsent Masons and Osborne Clarke, which have joined longstanding UK advisers SJ Berwin and Slaughter and May.
Rember told Legal Week: "We do not have a formal panel but we have relationships with law firms in more than 20 countries in Europe.
"We are looking at countries where we have multiple law firms and are trying to reduce that number. The challenge is in getting in-house people on the ground who know the legal market well enough to aid the process."
Rember was promoted to European general counsel in early 2008, having previously served as legal and compliance director for the group's payment protection insurance business. He joined Genworth in 2001.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllFrom Olympic Aspirations to Legal Innovation: Tom Dunlop's Journey to Founding Summize
8 minute readTrending Stories
- 1The Law Firm Disrupted: Playing the Talent Game to Win
- 2A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
- 3Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250