Slaughter and May has billed more than £9m in fees for its work advising the Treasury on the nationalisation of Northern Rock, according to figures published today by the National Audit Office. The figures reveal that Slaughters has picked up £9.4m since being selected by the Government in September 2007 - almost double the £4.8m in fees racked up by investment bank Goldman Sachs.Clifford Chance, meanwhile, has made £2.4m since being hired by the Bank of England to provide legal advice on the nationalisation.
March 20, 2009 at 08:39 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May has billed more than £9m in fees for its work advising the Treasury on the nationalisation of Northern Rock, according to figures published today by the National Audit Office.
The figures reveal that Slaughters has picked up £9.4m since being selected by the Government in September 2007 – almost double the £4.8m in fees racked up by investment bank Goldman Sachs.
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