ABN Amro loses inhouser to Nomura

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Latest Briefings

SmartLaw 2.0 – The new future of law

By Brett Chalmers A few years ago, George Beaton published an influential e-book, NewLaw New Rules: A Conversation About the Future of the Legal Services Industry, that pulled together comments and responses he received from numerous legal thought leaders and experts about his NewLaw-focused blog post. The publication compared BigLaw, the traditional partnership-and-hourly-rates model, with NewLaw, an […]

Supreme Court supports disqualification under IBC, but protects interest of homebuyers

By Prateek Kumar, Sahil Narang, Raveena Rai The corporate insolvency resolution process (CIRP) against Jaiprakash Infratech Limited (JIL) commenced when the National Company Law Tribunal, Allahabad (NCLT) passed an order dated 09.08.2017 admitting the petition of IDBI Bank Limited under Section 7 of the Insolvency and Bankruptcy Code 2016 (IBC). Home buyers who had invested in […]

Austria – Commercial agent’s trial for trial period compensation

By Andreas Natterer, Sara Khalil Earlier this year, the ECJ ruled that commercial agents are generally entitled to compensation, even if the distribution agreement was terminated during a trial period. The ECJ’s decision (C-645/16) was preceded by the French Cour de Cassation’s request for a preliminary ruling on whether Art. 17 of Directive 86/653/EEC applies if the commercial […]

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Co-founder buys out

Niche corporate recovery practice LCL Law has been bought out by one of its equity partners. Jeremy Bennett, one of the firm’s founding members, has become LCL’s sole owner after buying out the shares of Duncan Haymes, Philip Holden and Tim Pope and renaming the practice JB Law Solicitors. LCL Law was formed just two […]

Roschier Holmberg back at top in Finland

Roschier Holmberg has just regained its leadership of the Finnish market after revealing an 18 per cent rise in turnover from €25.5m (£16.6m) to €30.1m (£20.8m). It was a good year for Finnish firms. Roschier’s nearest rival Hannes Snellman boosted turnover by 13.6 per cent from €25.8m (£17.8m) to €29.3m (£20.3m). Roschier attributed its strong […]

DWS chief exec hopefuls proclaim best-laid plans

Battle lines were drawn last week as the contenders for the Denton Wilde Sapte (DWS) chief executive post issued their election manifestos. Head of competition Jonathan Tatten has emerged as an early frontrunner after vowing to address sliding profits, overhaul the partner compensation system and prime DWS for a potential merger. The statement of intent came as […]

Freshfields’ finance lawyers get their hands dirty in Africa

Freshfields Bruckhaus Deringer sent members of its finance team to South Africa in the autumn to build houses for the poor of Durban’s townships. Four years ago, Freshfields decided to focus its corporate responsibility programme on homelessness and education in an effort to internationalise the firm’s charitable efforts. The charity Habitat For Humanity International was […]

Herbert Smith racks up £5m in fees on DTI’s nuclear clean-up

Herbert Smith has reaped around £5m in legal fees for its first 12 months of advising the Department of Trade and Industry (DTI) on the £48bn nuclear clean-up programme. The City firm scooped a two-year contract to advise the DTI on the commercial aspects relating to the creation of the Nuclear Decommissioning Authority (NDA) after […]

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