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

Recent articles & video

Minters vet jumps to Piper Alderman

Maurice Blackburn leads class action against car giants Hyundai and Kia over fire hazard models

Ninety-two percent of in-house counsel expect law firm partners to use the latest tech: survey

New digital + innovation practice group established at Law Squared

Australian government continues to seek inputs on proposed federal judicial commission

Growth of alternative legal services providers is accelerating

Most Read Articles

K&L Gates nabs HWL Ebsworth team

W+K expands Adelaide office with six new lawyers

Canadian legaltech firm signs up seasoned vet for Australian debut

Western Australia district court welcomes new judge Mark Ritter