The Commerce & Industry (C&I) Group is setting up a sub-group aimed at providing support for London-based in-house banking lawyers.
The group is being set up in the wake of the financial crisis to provide a support, training and lobbying function for the C&I Group’s banking lawyers.
“There are many pressures on in-house counsel at banks in terms of headcount and budget. Banks are grappling with this every day against the backdrop of the crisis. This group will provide support and training that will be valuable,” explained David Kemp, vice-chair of the C&I Group’s London region.
The banking group is still in the early stage of development, but the C&I Group is aiming for it to be up and running by the last quarter of this year.
The C&I Group’s banking members total 412 in London, spread across 64 international institutions.