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International Edition

CC, A&O win Abbey panel spots in review

High street bank Abbey has finished a review of its UK panel, dividing up its legal roster into seven divisions. The new line-up, which is now listed by corporate, commercial, capital markets, financial services, property, employment and litigation, includes most of its previous advisers.Magic circle duo Allen & Overy and Clifford Chance have won places alongside firms Ashurst, Barlow Lyde & Gilbert, Lovells, Norton Rose, Dundas & Wilson, Travers Smith and long-term corporate adviser Slaughter and May. Former panel member Freshfields Bruckhaus Deringer declined to tender for the work.
2 minute read

International Edition

NEC Group's first-ever GC begins cost-driving review

Entertainment venues giant NEC Group's first-ever general counsel is gearing up for a review of its legal advisers, it has emerged, while Christian Salvesen is to lose its second senior in-house lawyer in recent months.
2 minute read

International Edition

Arnold & Porter recruits in-houser for corporate

Arnold & Porter's London arm has hired Paula Levitan as a partner in its corporate practice. Levitan has served as the vice president and associate general counsel of retail chain Gap, as general counsel of The Body Shop International, and, most recently, as general counsel for Manzanita Capital, the private investment fund for the Fisher family, the founders of Gap. She joins 31 lawyers, including 12 partners, in Arnold & Porter's London office.
1 minute read

International Edition

Corporate Counsel: High-profile but low-key - has GC100 lived up to its promise?

It has been nearly three years since Barclays general counsel Mark Harding (pictured) was elected as the first chair of what was then the UK's newest in-house group, the GC100, a top-level professional association comprising the legal chiefs of the UK's largest listed companies.Having launched with much fanfare, the body has certainly done a lot to raise the already significant profile of its key members. But how successful has it been at achieving its other, more ambitious, primary objectives of providing input on legislative reform affecting business and sharing best practice?
8 minute read

International Edition

Privilege: a bar to privilege

Companies operating in different legal systems rely heavily on in-house counsel to explain the risks arising from different legal regimes. In some jurisdictions, these in-house counsel may not be members of a formal Bar and their internal communications may not, under local law, have a formally 'privileged' status. On a day-to-day basis, the 'privileged' status of an in-house counsel's communications may be irrelevant - the internal counsel advises his or her client, who makes decisions based on that legal advice. The distinctions can become critical, however, when a multinational company finds itself engaged in litigation (or the subject of a regulatory investigation), particularly if the litigation occurs in a jurisdiction that allows liberal document disclosure.
6 minute read

International Edition

Metals giant Rusal appoints ex-BP legal chief

Natural resources giant UC Rusal has appointed BP's former Russian general counsel, Kirill Alexandrov, as its new legal chief. Alexandrov joins the Russian metals giant - the world's largest producer of aluminium - from the Siberian Coal Energy Company (SUEK), which he joined in 2005 after a two-year stint as local legal chief at BP.
2 minute read

International Edition

Logistics giant to lose high-profile GC Peppiatt

Logistics giant Christian Salvesen is set to lose high-profile general counsel Edward Peppiatt in the wake of its takeover by French rival Groupe Norbert Dentressangle (GND) at the end of last year. Peppiatt will remain at the company until the end of next month to help with integration issues but said Christian Salvesen was unlikely to appoint another general counsel in the UK under its new ownership regime.
2 minute read

International Edition

In-house salaries climb 7%, finds poll

In-house lawyers in the UK are earning more than ever before, according to new research that reveals salaries for corporate counsel in the UK are rising at an inflation-busting average of almost 7%. The survey, conducted by Incomes Data Services (IDS), found that the average salary for in-house lawyers in the UK was £114,658 - representing an increase of 6.8% on the year before. The highest salary referred to in the poll was £277,000.
2 minute read

International Edition

Prudential's Maynard named as new GC100 chair

Prudential general counsel Peter Maynard has been named as the new chair of the FTSE100 in-house representative group, the GC100. Maynard becomes the third person to lead the GC100, taking over from outgoing chair Helen Mahy, the National Grid general counsel and former barrister.
2 minute read

International Edition

SJs, Eversheds miss out on slimline Sainsbury's panel

Sainsbury's has finalised its first-ever formal roster of legal advisers, with the supermarket giant gifting mandates to a panel of 11 firms. Head of legal Nick Grant led the review, which saw historic advisers Eversheds, Dickinson Dees, SJ Berwin, Biggart Baillie and McDermott Will & Emery struck off the FTSE 100 retailer's list of preferred firms.
2 minute read

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