Norton Rose to work with McLaren in-house team
24th January 2014
The McLaren Group has dropped Chicago-based Baker & McKenzie in favour of global firm Norton Rose Fulbright to source the company’s legal advice. The group’s legal advisor has made the decision to work with Norton Rose Fulbright after working with Bakers since the 1980s.
The McLaren Mercedes Formula 1 team has also formed an official partnership with the firm; this further strengthens the relationship between the two parties, with the practice set to work closely with McLaren’s group legal director Timothy Murane and his team of lawyers in in-house legal positions.
The relationship will see the in-house team work with Norton Rose Fulbright on issues of corporate and M&A, contractual and intellectual property, real estate and employment law, according to this article.
McLaren’s reason for recruiting the firm and dropping Bakers from delivering its legal advice can be put down to Norton Rose Fulbright now being viewed as one of the leading global practices.
This new arrangement marks the only existing partnership in the world between a global legal practice and a Formula 1 team.