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1. ''Legal advisory services''.

An external legal adviser, or firm of advisers, engaged to support a particular transaction.


:<span style="color:#4B0082">'''''Constructive legal counsels supported hardwired switch wording'''''</span>

:"Alongside its ESG core, the RCF was one of the first products of its kind to include hardwired switch wording to anticipate the discontinuation of LIBOR. 

:In a market dominated by efforts to build contingencies against COVID-19, Ahold Delhaize faced challenges with encouraging its lenders to focus and align on that aspect of the deal.

:However, in light of the firm’s track record as a credible borrower with a clear IBOR reform plan, constructive legal counsels and a facility agent were able to accommodate the feature operationally."

:''ACT Deals of the Year Awards 2020 - Ahold Delhaize''


2. ''Corporate organisations''.

A legally qualified and experienced employee who supports an organisation in its legal and regulatory affairs.

Formerly known more often as an in-house lawyer.


3. ''Law firms''.

A senior member of a law firm, who is not a partner.


4.  ''Some jurisdictions.''

A lawyer who undertakes advocacy in court.


5.  ''Verb - wellbeing.''

To provide a talking therapy - counselling - that helps the client to find ways to deal with emotional problems.


== See also ==
* [[Facility agent]]
* [[Fallback]]
* [[Hardwired]]
* [[IBOR]]
* [[LIBOR]]
* [[Provision]]
* [[Rate switch]]
* [[Reference rate]]
* [[Revolving credit facility]] (RCF)
* [[Risk-free rates]] (RFRs)
* [[Transition]]
* [[Transition risk]]
* [[Wellbeing]]

[[Category:Self_management_and_accountability]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]