Just nine firms to be included on UK’s £90m complex projects panel

The UK government has slashed law firm participation on the panel by more than half

Just nine firms to be included on UK’s £90m complex projects panel
The UK government has launched the tender process for its renewed complex projects panel, reducing the roster by more than half.

Only nine firms will be included in the new Finance and Complex Legal Services Panel (FCLS), which is worth £90m based on tender documents, Legal Business said. The last version of the panel included 24 firms.

The FCLS will operate for two years under the agreement, which can be stretched with two 12-month extensions. Applications end 12 June.

The refresh of the FCLS panel, which is expected to provide complex finance, capital finance, and regulatory capabilities, comes after the Crown Commercial Service’s (CCS) revamp of the government’s general legal advice panel. Announced in March, the general panel included only 18 firms, a steep reduction from the 40 the previous panel featured.

The previous complex projects panel was comprised of Addleshaw Goddard, Arthur Cox, Ashurst, Bevan Brittan, Bircham Dyson Bell, Bond Dickinson, Browne Jacobson, Burges Salmon, Capsticks, CMS, Dentons, DLA Piper, Eversheds Sutherland, Fieldfisher, Freshfields Bruckhaus Deringer, Gowling WLG, Hempsons, Mills & Reeve, Nabarro, Pinsent Masons, Simmons & Simmons, Slaughter and May, TLT, and Trowers & Hamlins.


Related stories:
HSBC cuts legal spend by US$1bn
Law firms battle it out as BP’s new GC launches panel review

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Allens assists on $1.4bn capital raising applying ASX temporary class waiver

Hall & Wilcox plays major role in assets acquisition by fintech investor

CEO and managing partner parts ways with DWF

Authenticity and trustworthiness are critical to professional success, says G+T partner

Global healthcare company receives $1.2bn equity boost with HSF’s help

US bar comments on nationwide protests after George Floyd death

Most Read Articles

Lander & Rogers beefs up technology and digital practice with new partner

COVID-19 and Australian courts and legal bodies updates: 1 June

KWM helps industrial chemicals manufacturer cook up $600m in capital raising under COVID-19

Baker McKenzie’s IPTech team gets an upgrade with new partner