Schroders has finalised its first ever-global law firm panel with 11 advisers in line for a share of its estimated £10m annual legal spend.

The firms are: Simmons & Simmons, SJ Berwin, Allen & Overy (A&O), Slaughter and May, Berwin Leighton Paisner, Eversheds, Linklaters, Shaw Pittman, Boston-based Ropes & Gray, Hong Kong firm Deacons and Luxembourg-based Elvingers.