FSCS announces the eight law firms joining its new legal panel
Following a rigorous procurement process, the Financial Services Compensation Scheme (FSCS) can announce the eight successful law firms that will make up its legal panel from January 2023.
The legal panel will last for three years, with an option to extend the appointments for a further 12 months, and will consist of three areas of work – core legal services, Scots law, and HR and employment advice.
The successful firms appointed to the new panel are:
Core legal services
- Bevan Brittan
- Burges Salmon
- Eversheds Sutherland
- Norton Rose Fulbright
- Osborne Clarke
- Burness Paull
HR and employment advice
- Trowers & Hamlins
Casey McGrath, Head of Legal at FSCS, said:
“We’re delighted to announce the results of the procurement process for our new legal panel. The number and quality of applicants made for an exceptionally strong field, which is testament to the quality and impact of FSCS’s legal work”.
James Darbyshire, Chief Counsel at FSCS, said:
“Against a backdrop of continued economic volatility and a challenging regulatory landscape, FSCS’s role in helping customers get back on track when their financial firms fail has never been more vital. I’m confident we’ve got the right mix of legal partners to help us deliver an effective compensation service for our customers and levy payers today and in the years ahead.”
Six of the eight firms were on the previous FSCS legal panel. They are Bevan Brittan, Burges Salmon, Dentons, Eversheds Sutherland, Burness Paull, and Trowers & Hamlins.