The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
ABN Amro's UK operation is searching for a new head of legal to oversee the consolidation of its five in-house divisions.
The bank is restructuring after moving to new premises at 250 Bishopsgate.
The in-house legal department is split into five divisions: equities holdings, fixed income, equity derivatives, global derivatives and commercial banking. It houses 34 staff including qualified lawyers and paralegals across all the areas.
Jenny Stevenson, head of legal and company secretary at ABN Amro Equities Holdings, says the bank has created a role for overall head of legal who will oversee the unified department.
She says: "It is slightly complicated because investment banking is separate from commercial banking but they will want to have a lawyer who will want to look after all of it."
Stevenson says the reorganisation will cause no job losses. "We have all got budgets for increases," she says. "We see this as a positive move. There had been too much separation and this whole move has been a push towards a network of banks."
Although Stevenson does not anticipate a full review of the bank's panel of firms, she says the new head of legal will take the final decision.