Falconer goes into bat for legal aid reform

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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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Freshfields set for more Wolseley work

Freshfields Bruckhaus Deringer must be rubbing its hands with glee as client Wolseley, the world’s largest heating products distributor, last week signalled its intention to continue spending big on bolt-on deals. Freshfields, through corporate partner Stephen Hewes, has already reaped a windfall this year. Hewes led the team advising the company in September on its […]

Cravath appoints second in command

Wall Street heavyweight Cravath Swaine & Moore has announced its new second in command, naming former head of corporate Allen Parker as deputy presiding partner. Parker, who has been at the firm 22 years, will start in the newly created role on 1 January, the same day that Cravath’s new presiding partner Evan Chesler assumes […]

A&O ups the stakes in City talent contest

Allen & Overy‘s (A&O) London lawyers are going to be 15 per cent richer starting in three weeks’ time. As we revealed this morning, Allen & Overy is launching a spanking new pay and career structure for associates and trainees. Managing partner David Morley and HR head Genevieve Tennant have been consulting associates for nearly […]

Camerons leads record Romanian deal

CMS Cameron McKenna and Romanian firm Nestor Nestor Diculescu Kingston Peterson (NNDKP) netted lead roles on Romania’s largest acquisition to date, worth €3.75bn (£2.6bn), which completed today. Camerons’ regional head of corporate Helen Rodwell led advice for longstanding client Erste Bank on its acquisition of 61.89 per cent of shares in Banca Comerciala Romana (BCR). […]

Linklaters builds Korean relations

As The Lawyer Global 100 will make so clear, Asia is where it’s at. Even Mayer Brown Rowe & Maw has realised and is gearing up to open in Hong Kong in January. But for old Asia hands, it’s not just about China. It looks like Korea is the new India; you can’t get in […]

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