£30m legal budget in the frame as Japanese bank overhauls in-house team and European advisers
March 12, 2003 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Nomura is engaged in a wide-ranging review of its multi-million pound legal budget and in-house function as the Japanese investment bank moves to overhaul its 50-lawyer in-house team.
The leading bank this week confirmed that it was overhauling its European in-house team – a process that is expected to lead to a reassessment of its primary European advisers and the appointment of a new general counsel.
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