Severn Trent US arm cuts legal spend by 84% by renegotiating panel contracts

Severn Trent Services (STS), which operates in 25 states in the US, cut its external legal spend from $500,000 (£337,000) to $81,000 over two years to 2015.

STS has renegotiated its sole provider deal with current panel firm Littler Mendelson to mean some fees will be paid on completion of the contract, based on performance over the term.

Senior counsel Chris Turnbull says he replaced previous advisers Morgan Lewis and New York firm Elias Group in order to bring work back in-house.

It’s a move echoed across the business. Severn Trent’s UK arm recently reappointed Eversheds as its sole legal adviser on a fixed-fee basis. The firm’s “competitive” proposals and promise of budget certainty attracted general counsel Bronagh Kennedy.

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