Five law firms have joined Affinity Water’s new legal panel to work with the company on a range of “important issues”.
It revealed the issues are located in a “heavily regulated sector” facing a number of challenges including climate change and the increasing pressure on water resources.
The legal panel firms comprising Addleshaw Goddard, Burges Salmon, DLA Piper, Hogan Lovells and Pinsent Masons were appointed following a “competitive” tendering process.
The firms will work closely with Affinity Water’s in-house legal team, who will be able to draw on technology solutions offered by the firms to help it efficiently and transparently manage legal work and fees.
Affinity said they will advise the company on issues including regulation, the environment, energy, competition, property, employment and corporate finance.
The appointments will run for three years initially, with an option to extend for up to a further five years.
Stuart Ledger, Affinity Water’s Interim chief executive, said: “We are delighted to be working with our five panel firms. As the UK’s largest Water only company the expert advice we receive from them will help us to protect the environment, and ensure we deliver a first-rate service to our communities at a challenging time for the climate and the water sector.”
Charles Ford and Julian Craughan of Hogan Lovells added: “Our unparalleled regulatory and finance strength and best in class industry sector programme position us ideally to help Affinity Water to meet the challenges and opportunities of the next decade, collaborating towards a sustainable future and pioneering ESG in action through the most innovative solutions”.
Gordon McCreath, partner, Pinsent Masons, said: “Affinity Water is at the forefront of industry efforts to meet those challenges and we are delighted to be part of the team working with them to meet and exceed their targets in the crucial years to come.”
