Lloyds got talent

Kids, forget the X Factor – the real talent contest has been at Lloyds Banking Group (LBG). In this showdown, the judges have been LBG’s retail and wealth litigation team, with the prize of a legal disputes chief job replacing Aamir Khan who quit in July to join global LPO Clutch Group

The winner was named as the disputes chief of UBS Wealth, Philippa Simmons, in an internal memo sent to staff yesterday. It brings merry news for all, but a true reality TV fan knows there’s always more than meets the eye.

The juice in this case, according to sources, is that the hunt for that special someone was complicated after The Lawyer revealed that LBG was looking to outsource its retail & wealth and asset finance litigation teams to one of its panel firms.

The process has now been put on the back burner, but whether that stall has something to do with Simmons’ appointment is not known.

Where’s Simon Cowell when you need him?

Also on TheLawyer.com:

Featured Briefings
Finance – Walker Morris LLP: Does the OFT’s Unfair Terms Hub really make unfair contract terms easy?
Pensions – Allen & Overy: EMIR and collateral costs for pension funds: new framework
Contracts – Taylor Wessing: Investigating security breaches and managing contracts with third parties
Crime – Pillsbury Winthrop Shaw Pittman: Deferred prosecution deals and sentencing guidelines come to the UK
Funds – Mourant Ozannes: Europe — AIFMD: what does it mean for you and the future of offshore funds?