The end of panels? Barclays adviser shake-up provides vision of RFP-free client relationship

City partners welcome Barclays shift away from traditional panel review process as bank targets "redundancy" of hourly rate

“Anything that leads to the end of panel processes – and more supportive relationships on both sides – can only be a good thing,” says one City banking partner, of the news revealed by Legal Week last week that Barclays is calling time on traditional panel reviews.

The bank yesterday (1 March) begun the last ever formal review of its global legal panel, with the new line-up set to come into effect on 1 July.

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