DLA Piper posts solid results after layoffs

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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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Hogan London gains one partner in promotion round

Hogan & Hartson’s London office has received one new partner in the US firm’s latest round of promotions. Corporate finance lawyer Christopher Melville has been added to the partnership while Richard Kiddell has been promoted to the of counsel role in the firm’s litigation group. Hogan London managing partner Gary Pegg said: “We’re committed to […]

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 […]

Weil Trumps rivals for lead bankruptcy role

Weil Gotshal & Manges has snared a lead role advising on Casino operator Trump Entertainment Resorts’ bankruptcy protection. New York-based Weil Gotshal partner Michael Walsh is leading a team advising on the Chapter 11 proceedings filed today in the New Jersey bankruptcy court. Stroock & Stroock & Lavan partner Kristopher Hansen led his firm’s team […]

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Raleys managing partner suspended over miners compensation scandal

The senior partner of north-east firm Raleys Solicitors has been banned from practising law for four years over his role in handling compensation claims from sick coalminers. At the Solicitors Disciplinary Tribunal (SDT) Derek Firth was one of six Raleys partners to face a series of allegations from the Solicitors Regulation Authority over its relationship […]

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A&O slashes Easter vac scheme

Allen & Overy has axed its forthcoming Easter vacation scheme due to “lack of interest” from students. The magic circle firm claimed that more students have been applying to its summer and winter programmes, making its 10-day Easter scheme redundant. A spokesman for the firm said: “There has been a general lack of interest from […]

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