DLA appoints new German leader

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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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Pinsents to cut 40 support jobs to eradicate post-merger duplication

Around 40 members of support staff at Pinsent Masons are set to lose their jobs following the firm’s merger with Scottish firm McGrigors. Pinsent Masons has begun a redundancy consultation, which is expected to finish at the end of next month, that will see around 40 support jobs cut. The firm said that it has […]

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Davis excluded from Dewey settlement deal

Liability issues emerge as key in high-stakes conference call; six-week deadline imposed by bankruptcy advisers Dewey & LeBoeuf’s bankruptcy team has outlined to former partners a settlement deal that would see them pay back an amount of money in return for being absolved of future liability. The agreement, which requires a “critical mass” of ex-partners […]

Bryan Hughes

Eversheds turnover inches up after three years of static revenues

Net profit leaps 10 per cent as revenues rise to £366m Eversheds has posted its first revenue rise in three years, with turnover growing 3 per cent in the 2011-12 financial year. Turnover at the firm for the 2011-12 financial year was £366m, a 3 per cent increase on 2010-11 when revenue stood still at […]

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Corp competency

Corporate may be stuck in the global doldrums but the teams up for this year’s The Lawyer Awards remained admirably calm in the face of adversity. UK M&A saw a slight upturn in value terms in 2011, with announced deals rising by 4 per cent to a total of $325.4bn (£207.6m) compared with $312.5bn in […]

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Give Greece a chance

The state can still rebuild if creditors give it breathing space, but lawyers must prepare to cope with chaos  Last week I was in Athens on the day after the second general election to take place there since the beginning of May. The three political parties prepared to implement an EU, IMF and ECB-backed […]

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