Freshfields storms Barclays panel

Freshfields Bruckhaus Deringer has landed a place on Barclays’ general advisory panel after the conclusion of the banking giant’s review of external legal advisers.

The appointment is a coup for Freshfields as it narrowly missed out on winning a place on the coveted panel when it was last reviewed in summer 2003.

The magic circle firm joins Allen & Overy, Clifford Chance, DLA Piper Rudnick Gray Cary, Linklaters, Lovells and Simmons & Simmons on the FTSE 100 bank’s general advisory panel.

Barclays, which has an annual legal spend of approximately £100m, launched the panel review at the start of the year.

In addition to the general advisory panel, Barclays also has 11 specialist panels.