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Case studies

Chris Beanland

Name, current role and centre

Chris Beanland. Associate Professor, Manchester

Area of law

I teach Business Law & Practice, Commercial Law and Acquisitions on the LPC. I teach Contract and Crime on the GDL. I also teach on PSC and PD courses.

Previous employer

Most recently, I was a partner in a niche commercial practice. Before that I was a solicitor in major commercial law firms.

A day in the life...

I advised banks and insolvency practitioners on all aspects of insolvency and restructuring as well as advising companies in financial difficulties. During a single day you might advise a receiver as to whether he has been validly appointed followed by dealing with the proposed sale of an insolvent company’s assets followed by advice on challenging transactions entered into by a company before it went into an insolvency process.

Best moments

The best thing about insolvency is that you need to understand the academics involved as well as taking a highly commercial approach to problems. There are lots of thorny legal issues to solve, but at the end of the day it is about getting the best deal for creditors.

You also need to be very client focused and be prepared to network extensively with bankers and accountants.

You might also say it’s great because you are indispensible in a recession!

Advice to students

Take an early interest in the subject matter even if it is just reading around the subject. Make sure you get relevant work experience if possible.