Freshfields sees Bank of England fees drop as financial crisis work subsides
Freshfields Bruckhaus Deringer has received more than £14m in legal fees from the Bank of England (BoE) since March 2008, according to new figures that show the extent to which the bank's legal spend has fallen since the height of the financial crisis. The magic circle law firm – which is the UK central bank's preferred legal adviser – billed £4.7m for work from March 2008 to February 2009 as the credit crunch reached its peak, followed by fees of £5.7m for the following 12 months.
Magic circle firm received £14m in legal fees from key client since height of credit crunch
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