Law firms redraw the battle lines as variation margin rules drive RFPs
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Derivatives

Law firms redraw the battle lines as variation margin rules drive RFPs

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The fast approaching March 1 roll out of variation margin rules for uncleared derivatives has prompted an overhaul of battle plans at major law firms, which are increasingly pairing up with technology companies, low-cost legal services firms and other financial services providers as competition mounts to secure big mandates from banks.

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