Lloyd’s of London staff hold their annual Remembrance Day service at the Lloyd’s building in the City of London, Britain November 11, 2015. REUTERS/Stefan Wermuth
Lloyd’s Banking Group has finalized its legal panel and a few big names did make the cut, including DLA Piper and Norton Rose Fullbright.
Addleshaw Goddard, Allen & Overy, Ashurst, CMS Cameron McKenna, Eversheds, Herbert Smith Freehills, Hogan Lovells and Linklaters have retained their places. A Lloyds spokesperson toldLegalWeek that the panel would include eight firms designated as “core” which were able to offer either alternative resourcing options, technology solutions and/or the ability to offer a wide range of complex legal advice.
Lloyds last conducted a full panel review in August 2014, with panel appointments historically lasting for two years. The bank has also confirmed it will unveil its UK legal sub-panels later this year, having last completed a review of its 16 sub-panels, including restructuring, insurance, group property and financial services in December 2014.
