FAQs
What is the duration of the Legal Counsel position?
The Legal Counsel position is offered for a period of 12 months.
What team will the Legal Counsel be part of?
The Legal Counsel will be part of the Litigation & Investigations team.
What are the primary responsibilities of the Legal Counsel?
The Legal Counsel will manage and coordinate the delivery of legal advice related to a litigation and investigations caseload, ensuring timely and effective legal and commercial advice.
What qualifications are required for the Legal Counsel position?
Candidates must be a qualified solicitor or barrister with experience in providing legal and commercial advice regarding litigation and investigations, either in-house or at a leading UK law firm.
Is knowledge of banking law necessary for this role?
Yes, in-depth knowledge of general banking law and practice, as well as the financial services industry, is necessary for this role.
Will the Legal Counsel be expected to communicate with stakeholders?
Yes, the Legal Counsel will be responsible for communicating legal advice and delivering litigation and investigation outcomes to stakeholders effectively.
What skills are important for this role?
Important skills include knowledge of litigation and investigations, the ability to work with leading law firms, and the capacity to keep up with legal and market developments.
How will legal costs be managed in this role?
Legal costs will be managed through the use of e-billing, auctions, and other cost management tools, fostering disciplined cost management and controls.
Will the Legal Counsel need to provide advice to non-lawyers?
Yes, the Legal Counsel will need to ensure that legal advice is easily understandable to non-lawyers and delivered within relevant timescales.
Are financial services industry insights required for this position?
Yes, candidates should possess insights into the financial services industry and the commercial environment pertaining to litigation and investigations.