Bank

CASE STUDY

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The Client

Bank

The Challenge

Faced with numerous audits and investigations from regulatory authorities, our client required immediate on-site legal support to address their evolving and concerning legal and compliance matters. Their legal department was equipped for the company’s day-to-day legal and compliance matters but found themselves woefully short-handed and lacking the necessary expertise to quickly and expertly address government inquiries.

The Solution

Having previously worked with our London office, our client contacted our U.S. Interim Legal Talent team to discuss their needs, focusing on the expertise and immediacy of the need. While MLA Interim was able to present candidates rapidly, one challenge when reaching out to potential consulting attorneys was the timeline for onboarding as the client had an extensive program that would delay their hire date. Thankfully, MLA Interim’s robust processes and skilled teams were able to communicate this challenge to potential consulting attorneys and help them schedule accordingly to support this project.

The Results

Our client currently has one consulting attorney working on their Ethics and Investigations team and another working on their LIBOR Transition team. By engaging MLA Interim Legal Talent and our consulting attorneys, our client reduced outside expenditures, controlled costs and accessed expert attorney talent on-demand to respond to critical government inquiries.

Insights

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