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Some FTSE 100 legal teams out size city law firms

December 14, 2015

 Janvi Patel

inhouse leadership

When companies in-source services it is usually for two reasons; service level and pricing, and we know GCs have expressed issues on both fronts.

When I first looked at the figures of in-house teams and their planned growth, I was shocked.  I have spoken and written about my views on why in-house teams have grown; in particular within the piece for PLC below.

Although the growth of some in-house teams is likely to continue, GCs are continually looking for ways to increase efficiency so that they can curb the growth of headcount.  And because “in-house” now has substantial mass, creating and developing products and services for in-house teams is becoming a sophisticated market place.  Whether that involves, Legal Project Management (which is what Halebury provides) or AI services, GCs have a great deal of options on how they want to structure and operate.

http://uk.practicallaw.com/3-575-0966?sourceassetid=1248020846869&source=updateemail&utm_campaign=EMPLC&utm_source=PLC&utm_medium=email&telephone=-&organisation=Halebury%20Ventures%20Limited&firstname=Ms%20Janvi%20Patel&email=janvi.patel@halebury.com&position=Director&city=London&country=England&orgid=52529&acctmanager=Deena%20Asawla&acctmanageremail=deena.asawla@thomsonreuters.com&contactid=207285

The largest FTSE 100 in-house teams rival private practice law firms in terms of fee-earners. HSBC emerges as the company with the largest number of lawyers working in-house. It employs 1,109 legal professionals – on a par with Clyde & Co, the twelfth biggest law firm in The Lawyer UK 200.

 http://www.thelawyer.com/hsbc-tops-inaugural-in-house-le..


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