Magic circle trio win spots as Novartis overhauls legal panel
Novartis has finalised its first legal panel since its $40bn (£25.6bn) takeover of Alcon last year, with magic circle trio Allen & Overy (A&O), Freshfields Bruckhaus Deringer and Linklaters securing positions on the pharma company's global roster. The line-up, known as the Novartis Legal Preferred Firm Program, consists of four panels - with the core global roster sitting alongside advisers for US country, US country specialist and US country specialist intellectual property.
July 17, 2012 at 06:02 AM
3 minute read
Novartis has finalised its first legal panel since its $40bn (£25.6bn) takeover of Alcon last year, with magic circle trio Allen & Overy (A&O), Freshfields Bruckhaus Deringer and Linklaters securing positions on the pharma company's global roster.
The line-up, known as the Novartis Legal Preferred Firm Program, consists of four panels – with the core global roster sitting alongside advisers for US country, US country specialist and US country specialist intellectual property.
A&O, Freshfields and Linklaters join US firms Morrison & Foerster and Simpson Thacher & Bartlett on the global panel, following the review led by Switzerland-based general counsel Felix Ehrat.
Meanwhile the US country panel consists of Arnold & Porter, Cravath Swaine & Moore, White & Case and Kaye Scholer, while Hogan Lovells has won a spot on the US country specialist line-up for regulatory work.
Ehrat joined Novartis in October last year from Swiss firm Baer & Karrer, where he was senior partner, replacing former Novartis GC Thomas Werlen, who left to join Quinn Emanuel Urquhart & Sullivan.
Under the new panel, firms will be required to attend an annual summit with senior Novartis executives and lawyers to improve their understanding of the company's business.
Ehrat said: "We believe the renewed focus on relationships creates a win-win environment. The commitments we are making will lead to increased efficiency and effectiveness."
Novartis last reviewed its legal panel in September 2009 with A&O, Freshfields and Linklaters all securing places. The company was understood to have an annual global legal spend of around $500m (£319.6m) when news of its latest panel review was announced in September 2011.
Alcon previously worked with firms including Cravath Swaine & Moore and Sullivan & Cromwell in addition to several Swiss law firms.
The merger between Novartis and Alcon was completed in January 2011, with Baer and A&O advising Novartis and Cravath representing Alcon parent company Nestle.
Novartis panel in full
Global Firms
A&O
Freshfields Bruckhaus Deringer
Linklaters
Morrison & Foerster
Simpson Thacher & Bartlett
US Country Firms
Arnold & Porter
Cravath Swaine & Moore
Kaye Scholer
White & Case
US Country Specialist Firms
Bartlit Beck Herman Palenchar & Scott (Litigation)
Covington & Burling (Regulatory)
Faegre Baker Daniels (Product Liability)
Greenberg Traurig (Product Liability)
Hogan Lovells (Regulatory)
Hollingsworth (Product Liability)
Quinn Emanuel Urquhart & Sullivan (Litigation)
Seyfarth Shaw (Employment)
Smith Gambrell & Russell (False Advertising & Commercial Litigation)
US Country Specialist Intellectual Property Firms
Fitzpatrick Cella Harper & Scinto
McDermott Will & Emery
O'Melveny & Myers
Rakoczy Molino Mazzochi Siwik
Williams & Connolly
Wilmer Cutler Pickering Hale and Dorr
Winston & Strawn
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