As Their Influence Wanes, Banking Clients No Longer ‘Jewels in the Crown’ For Law Firms


Once upon a time, banks were considered the gold standard clients for any law firm – and the most valuable. There was also a certain kudos to being able to say you were on the panel for the likes of Credit Suisse, Deutsche Bank or JP Morgan.

“[Banks] were the jewels in the crown, we would compete to be on their panels”, according to a senior finance partner at a U.K. firm.



Source link