Banking giant UBS has launched a radical review of its global legal advisers in an attempt to slash costs and become one of the first top financial institutions to formally grade law firm performance.
October 10, 2007 at 11:33 PM
1 minute read
The original version of this story was published on Legalweek
Banking giant UBS has launched a radical review of its global legal advisers in an attempt to slash costs and become one of the first top financial institutions to formally grade law firm performance.
The review, UBS’ first in five years, is set to shrink the bank’s cross-border panel, which currently includes Baker & McKenzie, Clifford Chance, Allen & Overy (A&O) and Freshfields Bruckhaus Deringer.
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