Secondees at Emirates National Bank of Dubai (ENBD) – international law firm support

The firm's challenge:

Fulfilling secondment requests for larger corporate clients, including banks, can put a real strain on a firm’s associate resources and, despite the obvious relationship benefits, are often difficult to price effectively. NexaConnex currently has 3 financial services lawyers on 6-month (with flex to extend) secondments with ENBD’s in-house legal team. This has taken secondment pressure off our law firm clients while still providing the bank’s General Counsel with certainty, the right skill sets and reassurance regarding quality control.

How NexaConnex has helped find a solution:

How the relationship works

ENBD engages NexaConnex directly. The contracting entity is Nexa Law Limited, our SRA regulated entity.

Each individual lawyer also has to enter into a Secondment NDA, an Acceptable Use Agreement and make a Secondee Declaration relating to confidentiality and adherence to bank policies.

How work is managed day-to-day

NexaConnex lawyers are provided with ENBD laptops and work directly within the bank in-house team.

Each NexaConnex lawyer has a direct reporting line within the ENBD legal team.

Risk management and liability

ENBD assumes all liability for the legal advice that is provided by the NexaConnex lawyers to the bank as the internal client.

Pricing

NexaConnex and ENBD agree a monthly rate for each lawyer prior to the start of their secondment term.

NexaConnex bills the bank monthly in advance.

Testomonial

“They are agile, responsive and great value for money, and, most importantly, think like business-people, not just academic lawyers.”

Simon Copleston, Group General Counsel, Emirates NBD Bank

NexaConnex has access to Nexa's pool of lawyers supporting their Law Firm Clients

(all consultants within Nexa)

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Here are just a few of our NexaConnex lawyers:

Abby Minns

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

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 Ramroop

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.

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Nexa Law Limited is a limited company registered in England & Wales No 10209198 | Registered office: Suite 2, Salop House, 13 Salop Road, SY11 2NR

Nexa Law Limited is authorised and regulated by the Solicitors Regulation Authority SRA ID; 633024 and complies with the Solicitors' Code of Conduct, a copy of which can be located at http://www.sra.org.uk/solicitors/handbook/code/

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