Information for Prospective Outside Counsel
List of Counsel Available
If the Legal Division determines that the information submitted by outside counsel in its application is complete and does not indicate the existence of any conditions that would bar retention of the firm by the FDIC, the Legal Division will enter the firm on its List of Counsel Available.
Neither submission of the application by outside counsel nor review of the materials by the Legal Division guarantees that the firm will be added to the List of Counsel Available or subsequently receive any referral of work. In order to remain on the List of Counsel Available longer than two years, outside counsel must update its application prior to the expiration of two years. A firm may not represent that it has been “approved” as outside counsel for the FDIC.