Ashurst slashes 10 from equity partnership

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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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Cadwalader’s profit per point drops 38 per cent

Cadwalader Wickersham & Taft’s profit per point dropped by 38 per cent during the last year, despite the firm reporting a profit per equity partner (PEP) slump of ‘only’ 30 per cent, The Lawyer can reveal. Sources at Cadwalader were celebrating the PEP drop of 30 per cent, from $2.73m (£1.87m) in 2007 to $1.88m […]

Tulkinghorn: fold-up eager beaver

Spare a thought for the lawyers at Hill Dickinson’s brand spanking new Liverpool office. The building, which is completely clad in glass, offers spectacular views over the city. Too close for comfort Spare a thought for the lawyers at Hill Dickinson’s brand spanking new Liverpool office. The building, which is completely clad in glass, offers […]

K&L Gates promotes 28 to partner

K&L Gates has made up 28 lawyers to its partnership in the firm’s latest round of promotions. The US firm has announced promotions in 13 of its 21 US offices, with Dallas receiving the most at five. Outside the US, K&L Gates promoted one disputes lawyer, Matthew Smith in London and corporate lawyer Choo Lye […]

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Pitch perfect

Taking part in a successful client meeting has never been so important and learning simple lessons on self presentation can help win business, says Jack Downton. The coming 12 months are set to make for a difficult year for the British legal industry. The intensifying downturn will inevitably lead to an increase in competition for […]

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