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The firms will be tied into the panel for four years, with the value of the work they will receive estimated at up to £5m a year each.
Met director of legal services Edward Solomons said for the first time the panel has been split into “lots”, with a minimum of two law firms in each lot. The various groups have been banded on areas of expertise, such as property, employment and litigation, with firms also retained specifically for high-end or low-end work.
Solomons said: “The objectives of the procurement exercise included to promote diversity of supply and geographical diversity, as well as to benefit where possible from lower charging rates from new suppliers who might be out of London – hence the work was broken down into lots and sub-lots.”
The panel firms will work alongside the Metropolitan Police Service’s in-house legal directorate, which has 45 lawyers for transactional work.