Mayer Brown set to shield billings from currency fluctuations
Mayer Brown is looking to introduce new financial hedging products that would allow the firm to protect its billings from fluctuating currency values. The US law firm, which last year hired a global treasury manager to centralise its approach, is considering whether to introduce new bank products that would allow it to exchange dollars or euros into sterling at a pre-determined fixed rate for a number of years.
Mayer Brown is looking to introduce new financial hedging products that would allow the firm to protect its billings from fluctuating currency values.
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