1. Legal advisory services.
An external legal adviser, or firm of advisers, engaged to support a particular transaction.
- Constructive legal counsels supported hardwired switch wording
- "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 personal problems.