We have a crisis on our hands - Coca Cola to punish advisers for missing new diversity targets
28 January 2021 We have a crisis on our hands - Coca Cola to punish advisers for missing new diversity targets
GC Bradley Gayton unveils new guidelines; non-compliant firms will have fees for advice reduced by 30%
Bradley Gayton Coca Cola has unveiled a series of diversity targets for its US advisers with the threat that their ability to meet them will be a ‘significant factor’ in determining whether they make its first-ever preferred panel of law firms in 18 months time. The beverage giant’s revised guidelines for its US advisers were unveiled today by its general counsel, Bradley Gayton, along with a pledge to roll them out globally in due course.