DMH-Stallard merger pays off

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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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Accountancy-tied firms slump in French revenues survey

French international Gide Loyrette Nouel has leapfrogged accountancy-tied firm Ernst & Young Societé d’Avocats (E&Y, formerly EY Law) to become France’s second-biggest firm by revenues. Gide’s French turnover rose from 116.1m euros in 2003 to 125.6m euros for the calendar year 2004, according to research released by French legal magazine Juristes Associés. E&Y’s income dropped […]

Osborne Clarke case sees courts accept written offers of payment

Osborne Clarke case sees courts accept written offers of payment” />Osborne Clarke has won a landmark Court of Appeal case, which means that clients can submit a written offer rather than tying up their funds with a payment into court. Osborne Clarke senior associate Grant Squire and Mark Simpson of Fountain Court Chambers acted for […]

The Lawyer shatters PEP as success benchmark

One of the key financial measures of law firm success, profit per equity partner (PEP), has been overhauled in research by The Lawyer. The new figure, average profit per partner, includes all partners, not just equity. The remuneration of non-equity partners is added to the net profit and divided by the entire partnership. On this […]

Court of Appeal clarifies GMC guidelines on right to life

Field Fisher Waterhouse has secured victory for the General Medical Council (GMC) in its appeal against a High Court decision in the “right to life” case of Burke v the GMC. The GMC appealed against a decision of Mr Justice Munby in July 2004 in which he declared that GMC guidlines were unlawful. The claimant […]

Revealed: the true profit per partner

We love to respond to popular demand. Every year, when we put together The Lawyer UK 100 Annual Report – a piece of research that has become the definitive benchmark of fees and profits in the legal profession – we get the same refrain. How can you compare firms which have completely different equity structures? […]

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