Seven firms including Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have landed roles on BAA’s new legal panel.
Firms were invited to apply for positions on the panel after general counsel Carol Hui, who joined the company March 2009, put nine practice areas out to tender.
The nine practice areas covered by the panel are: corporate and M&A; finance and taxation; regulation and competition; general commercial; litigation; property; IP; projects and construction; and Scottish law.
Not all seven firms are eligible to provide advice on every practice area. Rather, firms will provide advice only on certain practice areas.
According to Hui, the panel was assembled to bring more control and value to the way legal work was outsourced at the company.
“[The panel] was one of the things I wanted to do as a new general counsel,” said Hui. “Because previously we had a huge range of firms supplying legal services across the board we needed to have more control over the external legal positions, and needed to have more control over fees. I wanted to get better value out of the external firms providing services. I now have a much tighter panel.”
Eversheds will also provide BAA with legal advice on employment issues, after being appointed by the company last year.