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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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Weil Gotshal London takes equity as fees for first time

Weil Gotshal & Manges‘ London office is to take equity as payment for the first time. The firm has agreed to accept a split of fees and equity on what is believed to be the second round of funding prior to an IPO, which had previously been shelved. The firm declined to name the client, […]

Committing to making lawyers better people

Lawyers today have to wear many hats. It goes without saying that they need to be first-class legal practitioners, but they also need to be equally adept corporate advisers, people managers, marketing supremos, business developers… the list goes on. To be proficient in a chosen legal discipline is no longer enough and that is why […]

Norton Rose misses out on Singapore deadline

The deadline for Singapore joint venture licences closed over the weekend with Norton Rose opting out of the party due to its former alliance partner choosing Lovells. Nine UK and US law firms are chasing the five licences available. They are Linklaters & Alliance, Baker & McKenzie, Clifford Chance, Allen & Overy, Freshfields, Lovells, White […]

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Converging on Brussels

The new economy has created a whole set of competition problems, and the European Commission is struggling to keep up. Dearbail Jordan reports on how competition lawyers are coping with convergence When the European Commission began policing mergers more than a decade ago, the concept of a new technology conglomerate was merely a twinkle in […]

CC hires Simmons HK litigation head

Simmons & Simmons is losing its Hong Kong head of litigation to Clifford Chance. Jonathon Crook, who specialises in general commercial litigation and arbitration, insolvency and regulatory disputes, is joining the firm’s insolvency and restructuring practice. He has acted for clients including the Securities and Futures Commission, the Stock Exchange of Hong Kong, the BSC […]

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