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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 […]

Recommended

Royal Bank of Scotland brings Dentons in on Alldays insolvency

Denton Wilde Sapte has further strengthened its relationship with the Royal Bank of Scotland (RBS) after winning an instruction to advise the bank in connection with Alldays, which went into receivership last Monday (28 October). The bank is one of several key clients Dentons is targeting in order to boost partnership profits. For decades, legacy […]

Charles Russell slims down management

Charles Russell has rationalised its complex management structure in a move to give working partners more time to concentrate on fee-earning Until last Thursday (31 October), the firm had two separate management boards (one operational and one for business development), a management committee, an international management group and two divisional heads. This involved around 30 […]

Taylor Woodrow opens bidding for panel places

Housing and development group Taylor Woodrow is to overhaul its property legal services in the first review since its acquisition of Bryant 18 months ago Taylor Woodrow’s key property advisers are understood to be CMS Cameron McKenna and Eversheds. Other firms that have relationships with the housebuilder and that are expected to be involved in […]

Legal spend

Tulkinghorn has become aware of a very strange trend of late. Apparently, numerous lawyers around the City have been found in the toilets singing Marvin Gaye’s Let’s Get It On à la Ally McBeal. On further investigation, Tulkinghorn can now reveal the reason why. On 19 November, three city lawyers are launching a new dating […]

The Leader Column

The Clifford Chance New York associates at the centre of Paddinggate are probably horrified at the way their memo has been played across the world’s media. But by God, it’s a great discussion point. In fact, as a snapshot of the systemic problems of current law firm management, it’s unparalleled. The problem of how to […]

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