Our Law Firm Client (or LFC as we refer to them) was under short-term capacity pressure due to a combination of planned absences (parental leave) and an upturn in instructions coming from its established client base.
NexaConnex provides the LFC with lawyers “on demand” in a number of specialisms to support both ongoing and new transactions, and now with some disputes.
NexaConnex provides the LFC with access to an agreed team of lawyers and they can choose the lawyer most suited to the available work. The lawyer team supporting the firm has grown over time as additional capacity and specialisms have been requested.
NexaConnex has put in place a collaboration agreement with the firm. The contracting entity is Nexa Law Limited, our SRA regulated entity.
A Data Processing Agreement is also in place to facilitate compliant access to the firm’s practice management system using laptops supplied by the firm.
NexaConnex has no direct contractual relationship with the ultimate client.
NexaConnex lawyers have full access to the LFC’s practice management software to save all correspondence and documentation, as well as email and time recording software. The relevant law firm Partners are copied in on correspondence where requested.
NexaConnex lawyers are introduced to clients as consultant members of the LFC’s team and have direct contact with clients.
Advice from NexaConnex lawyers is insured by Allianz under its professional indemnity policy with Nexa. This protection is provided to the law firm, with the ultimate client being covered by the firm’s own policy.
NexaConnex lawyers follow the firm’s risk management procedures in relation to, for example, suspicious transactions and undertakings and conflict checks, including conflict checks against Nexa clients.
NexaConnex lawyers record their time on each matter and the law firm exports the time recording data to NexaConnex at the end of each month.
NexaConnex raisesa monthly invoice to the LFCfor the work of its lawyers at the agreed hourly rate. The firm uplifts the NexaConnex rate to the ultimate client so that it is able to make a margin on the work undertaken.
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Abby is a senior lawyer with over 12 years’ experience, she specialises in intellectual property matters.
Having trained at the highly regarded IP firm, Bird & Bird, she moved to the IP team at Osborne Clarke. Abby obtained a first class honours degree in biochemistry which led her to initially focus on advising clients in the pharmaceutical and life sciences sectors, but she has significant experience across a number of industries, including digital media and telecommunications.
Andrew Elishahoff qualified as UK Lawyer in 1996. He has over 20 years’ experience working as a lawyer at major global corporations.
Andrew is an expert on advising on commercial agreements and data protection for regulated or unregulated and private or public companies. Andrew has broad sector experience and a expertise in technology, telecoms, health, energy and financial services. He has also been involved in significant international cross border M&A and other corporate activity from the client side.
Aneil is a solicitor with almost 20 years’ experience in financial services, providing support and advice to a wide range of financial institutions including banks, asset managers and hedge funds.
Aneil has particular expertise in negotiating trading documentation and commercial agreements with a view to protecting firms against counterparty default and market risks. On the regulatory side, Aneil prepares bespoke compliance programmes, manuals and internal books and records, and advises on supervisory processes such as responding to requests from regulators and submitting regulatory filings and notifications.