Categories:Corporate,In-House,UK

Pinsents and Eversheds emerge as frontrunners in Heineken sole adviser race

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  • "It is in the process of setting out what it is looking for and specifically the price range it wants to be charged."

    If you pay peanuts, then you will get peanuts, not first class legal advice.

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  • I think if you pay peanuts you get monkeys not more peanuts?
    I dont find that paying more gets better advice necessarily......

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  • Bob @ 10.21.

    Do you think they are seeking firms like PM and Eversheds because those firms can then outsource the work to their non-London offices and get the work done at a cheaper rate? If so, regional lawyers may be cheaper but not necessarily give poorer advice.

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  • Frosty, in the world of cliches you might be right, but this is the real world and what they will get is peanuts in the form of armies of paralegals doing their work.

    Firms like Pm, Eversheds and Tlt might be content to race to the bottom. Others should not. John D the work was already being done in the regions by tlt and shepherd and wedderburn.

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  • Bob - I guess the proof is in the pudding. Its the results that count. I guess the market is realising that the days of paying for a premium for a big gun when there are lower cost options is the way forward.

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  • To stretch the analogy to breaking point, maybe those of us in house are tired of paying foie gras and getting monkeys.

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  • Pay the right people then: the best lawyers, not the best marketeers. Don't let procurement bods rule you, don't try and build your own empire by taking a salary hike for cutting that of external advisors on whom you might one day have to rely.

    The race to the bottom is not the answer.

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