Clifford Chance and Travers exit revamped TfL panel

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  • What a stunningly stupid panel review. Why a public body needs 11 top firms that each provides almost identical services and skills at broadly similar City rates is beyond me. They should have followed Royal Mail's example and gone for quality regional players for run of the mill property, employment etc work and kept one or two City firms (who would thus give volume discounts) for cutting edge finance, infrastructure and public policy advice/litigation.

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  • @ Anonymous | 30-Oct-2012 1:19 pm - Because it gives more power to the in-housers who "select" the panels and helps to justify their existence.
    These overblown and baroque panels - the banks are the most ludicrous - will come to end one day though as the legal market keeps consolidating.

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