BLG provides swift results on Abbey Life divestment

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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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Mixed results from Paul Hastings, Simpson Thacher at financial year end

Paul Hastings has unveiled its 2008 financial results, posting a rise in revenue and a drop in average profit for the year. Paul Hastings has unveiled its 2008 financial results, posting a slight rise in revenue and a similarly sized drop in average profit for the year. The California-based firm’s financial results contrast sharply with […]

Wal-Mart promotes deputy GC to top legal job

US retail giant Wal-Mart has promoted its deputy general counsel Jeff Gearhart to the general counsel role. The move comes as former general counsel Tom Mars got the nod to become the company’s first chief administrative officer. Mars will be responsible for compliance, diversity, talent development and employment in his new role. Both are based […]

 

Rank Firm Global rev ($m) % change on 2007 Global PEP ($K) % change on 2007 1 Skadden 2,020 1 2,050 -10 2 Latham & Watkins 1,900 -4 1,800 -21 3 Sidley Austin 1,480 7.4 NA 4 White & Case 1,460 7 1,590 -4.8 5 Kirkland & Ellis 1,320 3 2,550 0 6 Mayer Brown […]

Professional Negligence Special Report: Out for the count

A rise in claims against professionals generally follows a downturn – and accountants are no exception. Matt Andrews and Barnaby Winckler look at what could be in store. It is common for deteriorating ­economic conditions to result in increased litigation against professionals. A claim against a party with deep pockets is more tempting in difficult […]

2

Salans muscles in on Olswang’s US friend

Greenberg to step up international drive with closer ties to European giant Olswang’s US friend” />Olswang’s relationship with US alliance partner Greenberg Traurig is being challenged ;as ;the ;Miami-­headquartered firm looks to expand its international ­coverage via closer ties with European firm Salans. Greenberg, ;which ­accesses the Italian market through an alliance with local firm […]

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