CC’s London layoffs set off dot com bomb

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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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Camerons advises RWE on E.ON joint venture

CMS Cameron McKenna has been instructed by RWE on a long-term joint venture with E.ON that will see the German utilities build nuclear power stations in the UK. The energy companies have teamed up on a 50:50 basis to purchase and develop sites being sold by the Nuclear Decommissioning Authority (NDA), with a view to […]

Clifford Chance cash call was £60m

Clifford Chance cash call was £60m” />Clifford Chance partners raised a total of £60m in their November cash call, The Lawyer can reveal. The amount raised equates to an average of £150,000 per equity partner, not the £100,000 per partner as has been previously speculated. Managing partner David Childs (pictured) told The Lawyer: “The finance […]

Clydes snares former Thacher Proffitt partner

Clyde & Co has hired a former partner from dissolved firm Thacher Proffitt & Wood for its New York office. Litigator and maritime insurance specialist John Woods started officially at Clydes yesterday, joining the firm as a partner. One former Thacher Proffitt associate started at Clydes with Woods while two more are also likely to […]

Ashurst replaces Green on management board

Ashurst replaces Green on management board” />Ashurst has elected a new member to its management board to replace former senior partner Geoffrey Green, who will launch the firm’s Hong Kong office in February (The Lawyer, 4 August 2008). London corporate and investment funds partner David Evans (pictured) has been appointed to the board for the […]

Baker & McKenzie lays off NY associates

Baker & McKenzie lays off NY associates” />Baker & McKenzie has become the latest US firm to announce layoffs due to the economic downturn. The firm has confirmed that six associates in the New York office have been laid off receiving a two months severance pay package. In a statement released to the firm, Baker […]

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