Downturn puts squeeze on staff numbers

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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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DWF bags second Weightmans team in a month

Weightmans team in a month” />A seven-strong team is to leave Weightmans for DWF, joining six insurance partners that announced last month they were making an identical move. Five associates, a consultant and an executive from the public sector and insurance teams are to leave Weightmans London office within the next three months. Weightmans managing […]

Cobbetts

Turnover crept forward at Cobbetts this year by just over one per cent. Managing partner Michael Shaw claims that the firm was focusing on profitability and average PEP is up by 25 per cent, hitting £300,000 and so fulfilling Shaw’s 2006 pledge to reach that target within two years. But then that goal is easier […]

A&O revisits HSBC tower sale with debt refinancing brief

Allen & Overy (A&O) has scored the lead role on a deal to refinance the debt from the sale of the UK’s most expensive building, the HSBC Skyscraper at Canary Wharf. The ;mandate ;came through after Freshfields Bruckhaus Deringer was conflicted out of the deal. HSBC called on Freshfields in May last year when it […]

Layton takes Clifford Chance corporate crown

Clifford Chance private equity partner Matthew Layton will today be voted into the post of global corporate head. Clifford Chance corporate crown” />Clifford Chance private equity partner Matthew Layton (pictured) will today be voted into the post of global corporate head. The election for the post was uncontested and held at short notice to find […]

DLA Piper makes Kuwaiti connection

DLA Piper has expanded its presence in the Gulf through a joint venture with the international division of Kuwaiti firm Al Wagayan Al Awadhi & Al Saif. DLA Piper will be one of the few international firms to tap the Kuwaiti market. In June Denton Wilde Sapte poached the entire Kuwaiti office of Bryan Cave, […]

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