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Innovative lawyers 2017: Managing Complexity and Scale - in-house legal teams

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StandoutNational Grid89825The legal team managed National Grid’s sale of its majority stake in its gas distribution business, worth £13.8bn and the biggest UK infrastructure transaction in the past two years. It led a process mapping and optimisation exercise and developed a centralised tech platform to manage documents and work from different departments and external legal services.
StandoutVeon78823Overcame local legal, regulatory and political barriers to large-scale consolidation in infrastructure sectors, to achieve the merger of its subsidiary Mobilink with Warid Telecom in Pakistan. Lawyers developed complex deal features to gain approval for the merger, which created the largest mobile network operator in the country, serving over 50m customers.
Highly CommendedTSB Bank78722Worked with lawyers from Herbert Smith Freehills to exit a £2bn IT outsourcing agreement with Lloyds and transfer the bank’s data and applications to a new platform. It ensures TSB’s independence from Lloyds and provides the digital infrastructure needed to become a new challenger in the market.
Highly CommendedNestlé68822Its legal team managed a deal across dozens of countries, thousands of employees and operational, employment, corporate governance and competition regulation areas to create the Froneri joint venture, an ice-cream business with $3bn annual sales.
Highly CommendedEon UK77822Following Eon’s restructuring to spin off its power generation businesses and focus on the retail energy market, the UK legal team helped build new business functions from scratch, and retrained its lawyers to support the company’s new business.
CommendedJohnson Controls67720To enable the merger of Tyco and Johnson Controls, the legal team handled the complex European employment challenges internally, saving significant costs. It has also helped reorganise business support functions in Europe to support global standards and benefit from new economies of scale.
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