Blockchain and distributed ledger technology offers significant and scalable processing power, high accuracy rates, and apparently unbreakable security at a significantly reduced cost. This article explains how.
Key changes to the EU Trade Mark Regulation come into force on 1 October 2017. This article looks at the three main elements.
The CMA has issued guidance - and a further warning - to the estate agency sector. This article examines the key points.
China currently accounts for one quarter of global renewable energy capacity and one third of all global investment in renewables. This article examines the implications for the energy sector.
Regulators across the globe have been speaking out (and in some cases acting out) on initial coin offerings (ICOs). The UK’s Financial Conduct Authority (FCA) has now added itself to the map...
This briefing examines the recent decision by the the European Court of Human Rights in Barbulescu –v- Romania .
The regulation represents yet another attempt by a state to work around the U.S. Supreme Court’s decision in Quill Corp v. North Dakota.
The Court of First Instance’s decision has important implications for directors of listed companies when failing to act in the best interests of the company.
The EU Court of Justice's decision to refer the Intel case back to the General Court highlights the role of an economics based approach in determining whether exclusivity rebates breach competition law.
This article examines the Department for Digital, Cultural, Media & Sport's proposed Cyber Security Directive.
Legal Week combines the latest news with the sharpest commentary and analysis, making it the brand that clients, lawyers and private practice firms rely on.
The success and reach of Legal Week enables us to deliver a series of market-leading events, including our popular breakfast briefings, awards and conferences.
You are currently accessing Legalweek.com via your Enterprise account.
If you already have an account please use the link below to sign in.
If you have any problems with your access or would like to request an individual access account please contact our customer service team.
Phone: +44 (0)870 240 8859
Rose Walker and Alex Berry
HSBC has finalised its UK legal panel, with CMS Cameron McKenna, Eversheds Sutherland and Dentons among a number of firms appointed following a review held earlier this year.
The trio sit alongside Pinsent Masons, Simmons & Simmons and Addleshaw Goddard as part of a roughly 10-strong line-up of firms on the roster.
In addition to the firms appointed for UK work, Legal Week understands that all firms on the bank’s global panel are also automatically admitted to tender for work through the UK line-up.
The global panel was reviewed last year, when US firm Davis Polk & Wardwell won a place alongside existing panel members including Allen & Overy (A&O), Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters and Norton Rose Fulbright.
One partner involved in the UK panel process said: “We do a lot of work for HSBC, so it’s great for us. They have slimmed their UK panel right down to about 10 firms and we are one of those.”
HSBC’s UK legal team is led by UK general counsel Hugh Pugsley, who joined from Lloyds Bank in 2015.
Many of the firms appointed have long histories of working with HSBC. Legacy Eversheds advised the bank in 2013 on a facilities outsourcing agreement with real estate services giant Jones Lang LaSalle, and in 2015 took a lead role on the deal that saw HSBC move its UK headquarters from London to Birmingham. Pinsent Masons meanwhile advised the bank in 2015 on the financing of Canada Pension Plan Investment Board’s £1.1bn acquisition of student accommodation company Liberty Living.
Earlier this year, HSBC deputy general counsel Richard Given left the bank after six years to join fintech startup 10x Banking, which was founded by former Barclays chief executive Antony Jenkins.
Other bank panels recently reviewed include Standard Chartered’s global panel, which saw Dentons win a first time spot on the roster alongside the magic circle and a number of other firms.
Société Générale meanwhile has recently kicked off a review of its global panel of external legal advisers, with the results due to be announced in September.
All firms declined to comment. HSBC declined to comment.
Corporate Counsel Forum Europe 2017: The annual meeting place for Europe’s leading general counsel, click here to view conference programme & to register https://goo.gl/TXxPFr
Banking head Tony Bugg chairs new committee as Moore continues strategy roll out
Other firms making hires include Osborne Clarke, Dentons and Morgan Lewis & Bockius
Partners warn firms will have to ramp up their due diligence efforts ahead of new legislation coming into force at the end of the month
HSBC's former deputy GC on modern legal services providers, the limitations of the traditional partnership model and why law firm leaders need to shake off short-term thinking
Glasgow-based partner to lead Pinsents' Scotland and Northern Ireland operations
After joining a select band of major law firm leaders to have taken up a similar role at a rival, Sir Nigel Knowles explains the thinking behind his move to DWF
Former Hogan Lovells and Akin Gump partners on Trump's legal team slip up with steakhouse indiscretion
A&O's managing partner discusses transatlantic mega-mergers, the Brexit 'phoney war' and the factors behind the firm's record-setting year
Review set to affect 78 business services roles and 12 legal support roles in London
You will support the London-based Technology, Product Development and Marketing teams..
London (Central), London (Greater) (GB)
Our Client provides legal and regulatory advice for renewables, power, utilities and oil and gas companies, in the UK and internationally.
LEAD CONSTRUCTION PARTNER* TOP 100 With a concise and clear strategy to build its well regarded construction practice, this full service and progre...
City of London
£200,000 - £600,000