The many approaches to panel reviews

No two panel reviews are the same. And a couple of in-house teams that have unveiled new panels over the past week demonstrate this fact all too well.

For starters, Dwr Cymru Welsh Water (better known as DCWW) overhauled its legal panel earlier this year. The utilities company categorised its panel into 11 separate lots, spanning a range of different practice topics.

As a result, legal giants such as Slaughter and May and Linklaters have been mandated to give treasury advice. Meanwhile, a raft of smaller firms such as Aaron & Partners, Geldards and Hugh James won mandates to advise on Welsh legal issues.

Ethical investor Sustainable Development Capital took a different approach, asking the six firms chosen for its inaugural panel to collaborate on legal issues. That opens up the tantalising possibility of firms as diverse as Addleshaw Goddard and Newcastle player Muckle teaming up on transactions.

Looks like it’s not just banks jumping onto the collaboration bandwagon.

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