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International Edition

In-house Lawyer: All systems go

BAE Systems' ambitious group general counsel Philip Bramwell has only been in his role for 18 months but is already well into a major restructuring of the defence and aerospace giant's legal function.
8 minute read

International Edition

GlaxoSmithKline signs up Sidley partner as new GC

Pharmaceutical giant GlaxoSmithKline (GSK) has completed its hunt for a new general counsel with Sidley Austin life science partner Daniel Troy set to take the role. Troy, who will also take up the position of senior vice president, is set to join the company on 2 September.
2 minute read

International Edition

GE Real Estate names new GC for Europe

General Electric (GE) Real Estate has appointed Marianna Nitsch as general counsel of its European arm. Nitsch, who was formerly the legal head of the company's French division, took up the post at the beginning of July following the promotion of predecessor Theirry Leleu to the role of European managing director of GE Real Estate's Global Investment Management platform.
2 minute read

International Edition

In-house lawyers confident advisers still offer value despite record turnover and PEP levels

Senior in-house lawyers are confident they are still getting value from their legal advisers, despite last year's financial performance, which took many firms to record highs in terms of both turnover and profits per equity partner (PEP). General counsel claim the increases in revenues at the UK's leading law firms will not necessarily translate into a hike in fees for clients. Their response comes despite the fact that magic circle firms such as Clifford Chance, Linklaters, Freshfields Bruckhaus Deringer and Allen & Overy all reported turnover of more than £1bn this year.
3 minute read

International Edition

Norton Rose chosen for Thames Gateway panel

Norton Rose has secured a new panel appointment, winning a post advising the London Thames Gateway Development Corporation (LTGDC), alongside Denton Wilde Sapte. The three-year appointment will see both firms providing the development company with planning advice, attending committee meetings and negotiating planning obligations. The appointment marks Norton Rose's first seat on the panel and follows a pitch led by the firm's planning chief Nigel Hewitson, and environment, safety and planning head, Caroline May.
2 minute read

International Edition

In-house Lawyer: Conflicting views

The conflict debate continues to divide clients and advisers. Leigh Jackson finds that upfront communication goes a long way
7 minute read

International Edition

International hotel group names new panel

A raft of City firms have been appointed to Jumeirah Group's first-ever global panel of preferred legal advisers. The international hotel chain has appointed Clifford Chance (CC), Mayer Brown JSM, Simmons & Simmons, DLA Piper and Clyde & Co to advise it on commercial operations and new developments for a two-year period.
2 minute read

International Edition

BUPA cuts back legal spend in panel review

Global healthcare giant BUPA has slashed its spend on external legal fees after inviting firms to offer more competitive rates as part of its tender process. General counsel Paul Newton began reviewing the company's M&A, litigation and procurement advisors in February. After creating a shortlist, the firms were invited to render their services at lower rates in an e-auction style process. It is understood that the review has led to a 30% reduction in the company's legal costs.Initially, each of the three areas was served by four firms, but following the review, the M&A panel has been split into two - one for large and the other for small transactions - and will be covered by five firms. The litigation and procurement panels will now host three firms each.
2 minute read

International Edition

Nokia names Pentland as new in-house legal chief

Nokia has formally appointed Louise Pentland as its chief legal officer after handing her the role on a temporary basis in September last year. Pentland took up the post nine months ago while the communications company sought a replacement for former chief legal officer Carl Belding.
2 minute read

International Edition

Nomura cuts jobs from UK legal team

Nomura and Barclays Capital have become the latest financial institutions to cut legal jobs, with the Japanese investment bank making cuts in its UK legal team. Two members of the bank's in-house legal and compliance team in London have been made redundant, with the cuts affecting both the real estate finance and collateralised debt obligations teams.
2 minute read

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