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Lucy Collins

Partner

What can I do for you

Lucy is a specialist surety lawyer and has been involved in advising the surety market since 1998. She regularly advises on bond and guarantees used in the construction industry and other sectors such as pensions, oil and gas decommissioning, electronic money/payment services and recourse structures, including indemnity arrangements.

What do others say

One of the most common things we hear is that our team is very commercial, approachable, friendly and has a “can-do” attitude. On one recent complex transaction a client said about Lucy - “Thanks for your tremendous work. We definitely could not have got past the first hurdle, let alone the finish line without you.”

Supporting your ambitions

Lucy enjoys working with her clients in the many varied and often complex projects and transactions where surety instruments are used. Lucy is keen to apply her specialist knowledge to find new and commercial solutions to meet bonding/guarantee requirements, often to tight timetables. Recent examples include: drafting a form of safeguarding guarantee to meet the requirements of the Payment Services Regulations 2017, drafting bespoke pension shortfall bonds and advising on PPF compliant bonds and advising sureties issuing decommissioning payment guarantees in the oil sector. Lucy runs training sessions on all aspects of surety bonds, guarantees and related security structures.

What else should you know?

Having successfully pursued a career as a surety lawyer as well as bringing up three children, Lucy is one of the firm's maternity mentors.

What our clients say about us

“I think Mills & Reeve are a wonderful firm. The support they have provided to us in a really difficult area has been brilliant, collaborative and commercially minded. The team were absolutely wonderful and a joy to work with. Amazing advice and support and a real collaborative effort with us. I can't thank them enough for getting us through some really tough times and doing so with an amazing can-do attitude.”

“They are friendly, fast, always available and always on top of the game. I tend to judge my legal team against the other side's legal team and never doubt Mills & Reeve is the better of the two.”

“All interactions have been very clear. Responses to questions have always been very swift and unambiguous. Our company, and my family, have used various services in Mills & Reeve with the same level of satisfaction.”

“I value the fact that Mills & Reeve are recognised as a good place to work in the UK Best Companies survey. This aligns with the values of our business and means that Mills & Reeve can share what is required to achieve this status with our business.”