What the US conglomerate Tyco did broadly with Eversheds – retain the UK firm to handle all the company’s legal work across Europe – Northrop Grumman has done more narrowly with Allen & Overy and all its employment, benefits and incentives work.
According to Legal Week, March 8, 2007 at 5, the international defense giant assessed four firms and eventually chose A&O for an arrangement that will last two years and, “if successful, could be rolled out to other areas of work.”
This item on one mandate relates to previous forays on this blog into various aspects of other convergence arrangements (See my post of Oct. 23, 2005 about size correlating with overhead costs; May 19, 2006 regarding Nestle and how many firms it initially invited to bid; April 22, 2007 regarding Tyco and Eversheds; and Feb. 9, 2006 regarding British terms such as “mandate.”).