Glass houses – everything wrong with in-house counsel

General counsel have been vocal in recent years about persistent problems in law firms but what about in-house teams? Legal Business talks to clients and counsel about where GCs go wrong. It’s not hard these days to find outlets and forums for general counsel (GCs) to highlight the excesses and poor behaviour that still persist …

Clifford Chance avoids nearshoring with plans for low-cost hub in Canary Wharf

400 support staff to be housed five minutes away from HQ While peers have chosen low-cost hubs farther afield in the UK, Clifford Chance (CC) is moving its back-office staff from its Canary Wharf headquarters to a new location five minutes’ walk away. The firm will transfer 400 operational staff to an open-plan office in …

The panel that refreshes: Ashurst, RPC and Devereux take spots on Coke’s national roster

Ashurst and RPC are among a quartet of firms that have won places on Coca-Cola Enterprises (CCE)’s UK legal panel, with the drinks company also selecting Devereux Chambers as its preferred barristers’ set ahead of a review of its internal legal function. CCE vice president for legal, Paul van Reesch, said after conducting a ‘deep …

Parabis carved up in £50m pre-pack administration

One of the first firms to benefit from sweeping liberalisation of the legal services market in 2012, Parabis Group has been placed into a pre-pack administration in a move expected to save ‘all but a handful’ of the 2,000 jobs at the company. Peter Saville, Ben Browne and Anne O’Keefe of AlixPartners were appointed joint …

City firms line up on £13bn sale of Northern Rock mortgages

Linklaters, Slaughter and May, Allen & Overy (A&O) and Hogan Lovells landed major roles in November advising on the government’s record-breaking £13bn sale of former Northern Rock mortgages, acquired during the financial crisis. In what was the largest-ever financial asset sale by a government in Europe, the mortgages originally owned by Northern Rock were sold …

Client profile: Paul van Reesch, Coca-Cola Enterprises

The soft drink giant’s top European lawyer talks about value and facing pressure from the sugar lobby. As a young man six months into his European travels, Coca-Cola Enterprises (CCE) legal chief Paul van Reesch realised he literally had a cent to his name. Fortunately he was offered a job as a temporary lawyer at …