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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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Herbies bolsters Bangkok for corporate refocus

Herbert Smith has signalled its renewed confidence in Thailand with the appointment of Rashane Leerabandu as head of corporate and commercial in Bangkok. The firm scaled down its Thai offering to focus on dispute resolution and construction following a scandal in 1997 that led to head of regional arbitration Henry Uscinski being imprisoned for five […]

Training

Legal training is in a state of flux. The Solicitors Regulation Authority revealed last week (The Lawyer, 12 September) that it is pressing ahead with radical plans to split the LPC into two separate components. The plans will result in the compulsory courses of the LPC being split from the optional subjects. This would allow […]

Mayer Brown wins two more partners for London

Mayer Brown has upped the pace of its lateral hiring spree with the addition of a partner apiece in its corporate and real estate practices. Alistair Bird will join the corporate practice from Simmons & Simmons on 1 October, with Ashurst real estate partner Gary Watson set to join the firm a month later. Their […]

CVC turns to Kirkland for $6bn fundraising

Chicago-headquartered Kirkland & Ellis has cemented its relationship with blue-chip private equity client CVC Capital Partners, advising on the record $6bn (£3.01bn) fundraising for its latest Asia fund. New York-based corporate partner Geoff Levin led the team at Kirkland on the fundraising, which is expected to break the regional record of $4.2bn (£2.11bn) set by […]

Shakespeare

UK 200 Position: 183 Turnov… UK 200 Position: 183 Turnover: £7.7m Revenue per fee-earner: £164,000 Revenue per lawyer: £226,000 Revenue per partner: £350,000 Total number of fee-earners: 47 Total number of qualified lawyers: 34 Total number of partners: 22 Total number of female partners: 7 Total number of staff: 120 The April 2007 merger of […]

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