Freshfields puts brave face on loss of partner

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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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The Far East

The Far East has generated a swathe of newspaper headlines in recent months. While Japan maintains its status as Asia’s largest and most sophisticated financial market, Allen & Overy is putting its Tokyo office under review and Cleary Gottlieb Steen & Hamilton was forced to close its underperforming Tokyo office in late April. Instead, the […]

A&O set to reveal 20 per cent PEP increase

Allen & Overy (A&O) is expected to reveal double-digit growth in both turnover and profit when the magic circle firm publishes its limited-liability partnership (LLP) accounts later this week. It is estimated that turnover will jump by approximately 15 per cent, from £666m to £766m, for the 2005-06 financial year. Meanwhile, average profit per equity […]

Brodies merges with Bishops to gain Glasgow base

Edinburgh-based firm Brodies is to merge with fellow Scottish firm Bishops next month, creating a Caledonian big-hitter boasting 47 partners and over 200 fee-earners. The move gives commercial firm Brodies a foothold in Glasgow, as seven- partner full-service firm Bishops has offices in both cities. This is the second merger for Brodies in the last […]

Councils appeal for barristers

The bar is becoming increasingly commercial and clients are starting to take advantage of that, particularly in the public sector. Some months ago, Hackney Borough Council announced that it was forming a panel of barristers, and now three Midlands councils are following suit. Derby, Leicester and Stoke-on-Trent councils began tendering for chambers to join their […]

Nottingham joins London law schools’ battle for supremacy

London’s legal education market has just got hotter than ever before. Not only will the College of Law and BPP Law School be opening second sites in London in September to house a further 1,500 students, but rival Nottingham Law School (NLS) is planning to launch in the capital in conjunction with US business training […]

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