Liechtenstein-headquartered technology company Hilti is preparing to form its first-ever formal legal panel in the UK, with the aim of building commercial relationships with its external advisers.
Legal and compliance counsel Amanda Baxendale, who joined the company’s Manchester headquarters from Bupa last year, said she would issue a request for quotations shortly to look for law firms to advise Hilti on property, employment, commercial and competition issues.
The initial panel will be for firms to advise Hilti in Great Britain. Baxendale’s remit also covers northern Europe, and she said in time the company would probably also look for panel firms in other countries.
She said the tender would be deliberately light on detail, as she was looking for firms to lay out what they could offer Hilti. Cutting legal spend, however, was not a key driver.
“We’d like our lawyers to be able to help us on commercial aspects as well as legal aspects,” Baxendale told The Lawyer. She added that the company was keen to hear from firms which had never worked with the company as well as previous advisers.
Until now Hilti’s main adviser has been Manchester firm Pannone, although the firm is not retained on a formal basis.
Hilti, which produces technology for the construction industry, employs 19,000 people in 120 countries, including 800 in the UK.