Travers Smith is tightening its relationships with overseas law firms via a number of measures designed to replicate the service of ‘one-stop shop’ global rivals.
The City law firm is aiming to present an integrated service to clients including the use of single engagement letters, cross-adviser pricing structures including arrangements such as abort fees and even agreeing to cover cross-border instructions under one insurance policy, which would see any liability fall on Travers’ insurance cover.
