The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Steve Sidkin's article (27 August) discusses the only two cases on the Commercial Agents Regulations to date in the UK and their deficiencies.
The one question clients want answered is how much is payable in compensatory damages. It is still unclear. The recent EC report into Article 17 of the regulations is a helpful summary of the law on compensation/indemnity in member states.
But for UK law all it can do is regurgitate comments to the commission, namely that many agents have settled for up to six months' commission as damages. The latest cases mean agents will continue to press for one or more years' commission. Let us hope the commission will take its report one stage further and reform the directive so greater legal certainly can be achieved.