Construction giant Balfour Beatty has handled in-house all the legal work connected to the company’s £154m mandate to transform the London 2012 Olympic stadium for its future use as West Ham Football Club’s home ground.
Rather than handing the work to one of its preferred law firms, general counsel and chief corporate officer Chris Vaughan said the company had kept it in-house.
Under the deal, Balfour Beatty will transform the stadium – known as the Queen Elizabeth Olympic Park Stadium – into a venue which can be used by West Ham as well as for athletics competitions and rugby matches.
Vaughan said the work was “a great contract to win”, and added it continued the company’s work on constructing the Aquatics Centre for the Olympic Games.
The contract was awarded by E20 Stadium, a joint venture between the London Legacy Development Corporation and Newham Council, and also encompasses the £41m stadium roof contract Balfour Beatty was awarded in the summer.
It will employ up to 400 people and work will last from 2014 until 2016.
Last year Balfour Beatty handed Pinsent Masons all of its ‘day-to-day’ legal work (25 March 2013) in a panel overhaul. Pinsents is also retained on the company’s panel for more complex matters, alongside Allen & Overy, Berwin Leighton Paisner and Eversheds.
For more on Vaughan’s stance on running Balfour Beatty’s legal team, see our profile, Outside Edge.