Firms under pressure as Kingfisher reviews panel

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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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Scotland’s first LLP firm gets approval

Scotland has gained its first-ever limited liability partnership firm – ahead of the LLP Bill being passed by Parliament. New firm Semple Kennedy was approved on 30 June with Walter Semple and former Faulds Gibson & Kennedy managing partner Ewan Kennedy. Semple was formerly a partner at Bird Semple, which has merged with DLA. Semple […]

Holman loses HK partner to Bird &Bird

Hong Kong partner Edward Alder is leaving Holman Fenwick & Willan to join Bird & Bird‘s expanding Far East practice. He will join the firm’s Hong Kong office, which has grown fivefold in the last year. Alder specialises in commercial litigation and arbitration, particularly regarding IT, telecoms and e-commerce. He trained in the UK and […]

Cost cuts see Biddle’s partner profits double

Biddle’s profits per partner have soared by 50 per cent after cutting costs and tackling slack habits in recording billable hours. Average profits per partner have risen to £270,000 with top of equity receiving £350,000 – £100,000 more than last year. Bottom of equity has seen an increase from £35,000 to £160,000. Gross fees have […]

Case of the week

Pamela White, who worked as an equal partner for 33 years helping her husband to build up his farming business, is claiming a half-share in the £4.5m venture. The House of Lords heard the case last week, which is considered the most important divorce cases for years. White was originally awarded a lump sum of […]

Standard Chartered

Global expansion has been the dominant theme for Standard Chartered over the past two years. The consumer, corporate and institutional banking and treasury services specialist has a presence in 50 countries and is still growing. In 1998, Standard Chartered consolidated its presence in the Latin American market by acquiring Extebandes, now Banco Standard Chartered, before […]

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