Case Study: Australian Commercial Bank

CLIENT

Australian commercial bank with U.S. operations focused on private equity and investment management.

PROBLEM

TransactionalWith an impressive and growing portfolio focused on energy services, large capital construction, manufacturing and industrial assets, our client – a private equity group within a commercial bank – had an increasing need for transactional and M&A support on their small in-house team. They considered working with outside counsel for these functions but preferred to avoid the costs associated with such an alignment.

SOLUTION

Major, Lindsey & Africa's Solutions Practice Group presented the benefits and cost analysis associated with hiring a long-term contract attorney rather than partnering with outside counsel. We were able to identify attorney candidates with transactional and M&A experience as well as paralegal candidates with corporate governance experience to support our client.

SUCCESS

Through the outsourcing of the recruitment function, our client was able to acquire skilled professionals with expertise matching their very specific needs. Ultimately, our client hired three transactional/M&A attorneys and two paralegals as contract workers. Later, two of those lawyers were converted to permanent hires.

CATEGORY: Transactional

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