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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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Druces adds to insolvency and property

City commercial firm Druces & Attlee has recruited two partners to boost its insolvency and commercial property departments. Insolvency partner Tim Bignell joins the practice from Kent-based Argles & Court, which completed a tripartite merger at the beginning of November to form one of the top five firms in the region. Bignell was head of […]

One in three firms seek LLP status

A growing number of law firms are considering forming limited liability partnerships (LLPs), according to a survey carried out by legal accountants Smith & Williamson. The survey shows 37 per cent of firms across the country are considering ways of limiting partners’ liability, of which almost 90 per cent say they will choose to form […]

More chaos for Scottish courts

The Scottish courts have been thrown into even deeper crisis by the Lord Advocate’s decision to suspend huge numbers of Justices of the Peace from hearing trials. About 80 JPs – around 10 per cent of the total in Scotland – will not be allowed to hear cases from today due to fears that their […]

LCD Agency To Be Broken Up

A Lord Chancellor’s Department-run agency which handles billions of pounds for mentally incapacitated people may be broken up following a damning report by independent investigators. Senior civil servant, Ann Chant, who headed the quinquennial review, says the Public Trust Office has not come up to scratch in terms of efficiency and performance in client services […]

Allen & Overy and Baker & McKenzie win new work at Legal Monte Carlo '99

Banking giant ING Barings is on the verge of instructing Allen & Overy’s Frankfurt office for the first time ever after meeting a representative of the firm at Legal Monte Carlo ’99. Sarah Whitehead, director and assistant general counsel at ING Barings says: “We are seeking advice on listing debts in Frankfurt from Allen & […]

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