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.
As first revealed on www.thelawyer.com (10 June), 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 2003.
As well as the general advisory panel, the bank has 11 specialist panels, including structured capital markets, securitisation, litigation and corporate recovery.
The private equity panel, which is split into sub-panels for infrastructure and man-agement buyout work, has been expanded, with Addleshaw Goddard, Clifford Chance and Freshfields winning places on the former panel, and Travers Smith on the latter for the first time.
Barclays has an annual legal spend of around £100m. The panels will run from 1 July 2005 to 30 June 2007.
See www.thelawyer.com for the full panel