The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Royal Bank of Scotland (RBS) has ditched procurement group Ariba, as the banking giant puts the finishing touches to its new roster of legal advisers.
Ariba (formerly FreeMarkets) handled the grossly unpopular online tender for RBS in 2003, when the bank created the legal panel that is currently under review.
As first reported by The Lawyer (21 July 2003), RBS took the unprecedented move of writing to a number of law firms to appease them following the arduous bidding process run by FreeMarkets. At the time, firms also complained about RBS's squeeze on fees.
RBS has opted to use e-tendering for some of its specialist panels (general legal, transactional, litigation, property and recoveries) in the current panel review, but is understood to be handling the procurement process in-house.
The review, which is being handled by deputy general counsel Chris Campbell, is expected to be completed by the end of the month.