Addleshaws wins Barclays role as bank confirms new panel line-up
Barclays has completed its panel review, with Addleshaw Goddard winning a coveted spot on the bank's main panel. The national firm joins Allen & Overy, Clifford Chance , DLA Piper, Freshfields Bruckhaus Deringer, Linklaters, Lovells and Simmons & Simmons on the bank's general advisory roster, with Barclays also appointing a string of firms to 10 specialist panels.
July 02, 2009 at 10:25 AM
4 minute read
Barclays has completed its panel review, with Addleshaw Goddard winning a coveted spot on the bank's main panel.
The national firm joins Allen & Overy, Clifford Chance , DLA Piper, Freshfields Bruckhaus Deringer, Linklaters, Lovells and Simmons & Simmons on the bank's general advisory roster, with Barclays also appointing a string of firms to 10 specialist panels.
In addition to its place on the general panel, Addleshaws also extended its role with the bank to win first-time appointments to the corporate recovery, litigation and property management panels.
Other firms winning new panel roles include Berwin Leighton Paisner, which landed debut appointments on the bank's commercial, corporate recovery and wealth products groups.
The latest panel review, which sees firms appointed for a two-year term starting this month, also saw a number of firms being dropped from some of the sub-panels.
Linkaters no longer sits on the commercial, corporate recovery and the lending and finance panels, Freshfields no longer sits on the commercial panel, while A&O (which spun off its private client practice earlier this year), while Dickinson Dees and Withers no longer advise the bank on wealth management issues.
Barclays said that the appointments came as the bank carried out a wider review of its cost base, including supplier costs.
Commenting on the review, group general counsel Mark Harding said: "Panel law firms continue to provide us with excellent service, driven in no small way by the partnership approach created from panel arrangements. In the current environment it is increasingly important to ensure we have the right choice of panel firms to meet our diverse needs, providing good governance and risk management."
Addleshaws banking partner Helen Corner, one of the relationship partners for Barclays, said: " We are excited about the prospect of a broader role and are looking forward to increasing the value we can bring to the relationship."
General advisory panel
Addleshaw Goddard (new appointment)
Allen & Overy
Clifford Chance
DLA Piper
Freshfields Bruckhaus Deringer
Linklaters
Lovells
Simmons & Simmons
Commercial panel
Allen & Overy
Berwin Leighton Paisner (new appointment)
Bristows (new appointment)
Clifford Chance
DLA Piper
Latham & Watkins
Lovells (new appointment)
Millbank Tweed Hadley & McCloy
Pinsent Masons
Simmons & Simmons
Corporate recovery panel
Addleshaw Goddard (new appointment)
Allen & Overy
Berwin Leighton Paisner (new appointment)
Clifford Chance
Denton Wilde Sapte
Dickinson Dees
DLA Piper
Eversheds
Freshfields Bruckhaus Deringer
Hammonds
LG
Lovells
Matthew Arnold Baldwin
Osborne Clarke (new appointment)
Pinsent Masons
Salans
Simmons & Simmons
TLT
Employment/HR panel
Addleshaw Goddard
Allen & Overy
Clifford Chance
Eversheds
Freshfields Bruckhaus Deringer
Lovells
Macfarlanes
Magrath & Co
Sullivan & Cromwell (new appointment)
Private equity panel
Infrastructure work
Addleshaw Goddard
Ashurst
Clifford Chance
DLA Piper
Freshfields Bruckhaus Deringer
SJ Berwin
MBO work
Addleshaw Goddard
Clifford Chance
DLA Piper
Eversheds
Osborne Clarke
Pinsent Masons
Travers Smith
Securitisation panel
Allen & Overy
Clifford Chance
Freshfields Bruckhaus Deringer
Linklaters
Lovells
Sidley Austin
Weil Gotshal & Manges
Litigation panel
Addleshaw Goddard (new appointment)
Allen & Overy
Clifford Chance
DLA Piper
Freshfields Bruckhaus Deringer
Hammonds (new appointment)
Hill Dickinson
Linklaters
Lovells
Matthew Arnold Baldwin
Simmons & Simmons
TLT Solicitors
Lending and finance panel
Addleshaw Goddard
Allen & Overy
Ashurst
Berwin Leighton Paisner
Birketts (new appointment)
Blake Lapthorn (new appointment)
Bond Pearce
Clifford Chance
CMS Cameron McKenna (new appointment)
Cobbetts
Davenport Lyons
Denton Wilde Sapte
Dickinson Dees
DLA Piper
EMW Picton Howell
Eversheds
Freshfields Bruckhaus Deringer
Halliwells
Hammonds
Lovells
Mills & Reeve
Norton Rose
Osborne Clarke
Pinsent Masons
Reed Smith Richards Butler
Simmons & Simmons
SJ Berwin
Ward Hadaway
White & Case
Wragge & Co
Property management services
Addleshaw Goddard (new appointment)
Denton Wilde Sapte
DLP Piper (new appointment)
Nabarro (new appointment)
Wealth products (formerly Wealth advisory)
Addleshaw Goddard
Berwin Leighton Paisner (new appointment)
Burges Salmon
Charles Russell
Cobbetts (new appointment)
Denton Wilde Sapte (new appointment)
Field Seymour Parkes Solicitors
Irwin Mitchell
LG (new appointment)
Macfarlanes
Maurice Turnor Gardner (new appointment)
Norton Rose (new appointment)
Optima Legal Services
Structuring panel (formerly Structured capital markets)
Allen & Overy
Clifford Chance
Freshfields Bruckhaus Deringer
Linklaters
Slaughter and May
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