Eversheds raids DLA for HK partners

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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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Revealed: the truth about legal speed dating

According to one magic circle trainee there is an unwritten ‘legal dating code of conduct’:1) never date someone from your own firm, and2) always date below your firm’s ranking to increase your chances of getting lucky. The trainee in question claims his foolproof method works, and has even tested it out in a bid to […]

Taylor & Emmet

For South Yorkshire firm Taylor & Emmet Solicitors, 2009 will be a landmark year. After steady growth, with turnover rising from £5m to £7m over four years, the coming year will see the firm convert to LLP status, expand its headcount and broaden its practice areas to cope with a more cut-throat commercial environment. Examples […]

Revenue and profit down at Dechert

Dechert today unveiled its financial results for 2008, with the US firm posting reductions in both turnover and average profit per equity partner (PEP). Total revenue at the Philadelphia-headquartered firm fell 2 per cent to $816m while PEP was down 9 per cent to $2.14m. Pointing to the world economic slump that gathered pace in […]

Friday the 13th

Today is Friday the 13th. But yesterday was the date that was truly unlucky for some. In a few hours on Thursday afternoon, one US firm after another lined up to announce layoffs. DLA Piper cut 180, including 80 lawyers (see story). Goodwin Procter laid off 38 lawyers and a total of 74 positions (see […]

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Freshfields leads on British Land rights issue

Freshfields Bruckhaus Deringer has cemented its relationship with British Land by acting on the group’s £740m rights issue. The company said the issue would firm up its balance sheet but the move sent share prices in the property sector tumbling. Freshfields corporate partners Julian Long and Sarah Murphy led the team, while Linklaters corporate partner […]

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