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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 […]

Recommended

We must commit to young talent

It is no secret that good lawyers are hard to find. This is particularly true when you look at new and rapidly growing areas such as international projects, where there is a particular shortage of those with two to five years’ PQE. The use of English legal frameworks around the world provides fantastic opportunities for […]

Rosneft’s Russian IPO highlights dangers

The controversy surrounding last Friday’s (7 July) pricing of Russian state-controlled oil company Rosneft has given firms a reason to pause before acting on Russian AIM listings. Cleary Gottlieb Steen & Hamilton was advising Rosneft on its London Stock Exchange listing, which is due on Wednesday (19 July). Linklaters had the more secure task of […]

Simmons lands Norton Rose Islamic specialist

Simmons & Simmons has poached an Islamic finance specialist from Norton Rose as it looks to capitalise on the growing demand for sharia-compliant products. Associate Muneer Khan will join Simmons as a partner in its Dubai office next month (August). He will work with Abu Dhabi managing partner Ibrahim Muybadeen. Jeremy Hoyland, head of international […]

Carter report heralds legal consolidation

Lord Carter of Coles has predicted massive consolidation for law firms and “the end of the £1m-a-year criminal defence barrister” in his report on legal aid procurement, unveiled this morning (13 July). Speaking at a press conference to announce the report, Carter said its recommendations would reform the legal aid market and save £100m a […]

That’s the way to do it

Congratulations to Shoosmiths, which won Management Team of the Year at The Lawyer awards. It posted another rise in profit per equity partner this year of 16 per cent, to £396,000 – the fifth consecutive year of profit increase. Turnover was up 23 per cent. Other national firms, take note.

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