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- FT Law 50 2011
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In-House Lawyers 2008
View full ranking| Rankings at a glance | |
|---|---|
| Sector | Financial Institution |
| Number of lawyers worldwide | 584 |
| Innovation | Outsourcing, offshoring and managing the requests for advice from outside lawyers through a 'clearing house'. |
| Originality of innovation (s) | 8 |
| Alignment of legal team with the business | 8 |
| Creating economic value and/or competitive advantage for the business | 7 |
| Industry leadership or wider impact of legal team's activity | 6 |
| Total | 29 |
| Description | One of the first banks to outsource to India in 2006, the team is ahead of the curve on outsourcing and off-shoring. E-discovery work is sent to India via a third party provider, and ISDA documentation is handled by an Indian captive. The team has not only moved work to lower cost jurisdictions, it has also re-engineered the way legal work is done. Click4Legal is a process which streamlines and directs the requests for legal support across three global business lines. |
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