The Australian Government has slashed its legal panel to 68 firms, with Clifford Chance (CC) emerging as the only UK adviser with an Australian presence not included on the line-up.

The panel – known as the legal services multi-use list (LSMUL) – is the first time national government agencies have been required to use the streamlined roster for legal services purchasing, with the aim of driving cost efficiencies. The new panel – which cuts the number of approved advisers from 152 – was announced today (1 June).