Panel beaters

While half the City enjoys some time off for half-term and Halloween, the world of in-house is not so quiet.

While half the City enjoys some time off for half-term and Halloween, the world of in-house is not so quiet.

The news last week that Transocean general counsel Nick Deeming handed in his resignation less than two years after joining the Swiss offshore drilling group caught the eye of many in the legal profession.

Deeming only moved to the Swiss and New York-listed company in February last year after a four-year stint as legal chief at auctioneer Christie’s and has built up a reputation for fast turnarounds and cost-cutting throughout his eight in-house roles that span 30 years of practice (29 October 2012).

But he’s not the only one partial to a bit of streamlining. Transport for London has done some chopping of its own, albeit on a minor scale, in its latest panel review. It has reduced its roster of 12 firms to 11, with Bird & Bird, Clifford Chance, Manches and Travers Smith not making a reappearance.

And with the likes of the Lloyds and General Electric panel reviews in the pipeline, there’s plenty going on in the legal world this half-term.