About

During her time at the iconic Mexican brand, Clare Egan has supported CEMEX through its delisting and the sale of large components of the business across several jurisdictions. Her fitness to the task, for some, rests in her ability take a holistic approach to multi-layered issues. ‘She’s absolutely standout’, one in-house source says. ‘She essentially cuts through the subject matter and sees the issues very, very fast’. ‘The legal department has expanded and contracted over the course of my six year tenure’, Egan says. ‘During this time we have tried to significantly reduce external legal spend and expand the level of work done internally’. Managing a team through this downsizing period, Egan concedes, was not an easy task, and required ‘a large degree of tact and diplomacy’. Law firms, she feels, need to communicate better over fees. ‘In overall terms, I believe in-house counsel would benefit from a greater degree of transparency in terms of fee estimates with an increase in the use of agreed maximum fees on certain transactions’.