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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

Silent partner

Even the biggest eejit knows that you have to give your boss notice when you’re leaving. Unfortunately this didn’t occur to a certain US partner when he left his extremely elite New York practice for a magic circle firm. Apparently this bright spark sent round an email telling his colleagues he was off, without actually […]

Herbert Smith elects new corporate chief

Herbert Smith is today expected to confirm Michael Walter as the new head of the firm’s corporate practice. Walter will replace incumbent Caroline Goodall who decided not to stand for re-election following the completion of her five year term. Goodall took over from Richard Bond when he became senior partner in July 2000. Meanwhile, Herbert […]

US firms vie for bragging rights to staff bonuses

The US bonus war is in full swing with a trio of New York’s elite firms announcing whopping end-of-year sweeteners for associates. Sullivan & Cromwell announced a $20,000 (£10,400) bonus for first-year associates last month (26 November), in addition to the one-off $10,000 (£5,200) windfall the firm unveiled in October. Last week, M&A powerhouse Cravath Swaine & Moore […]

Mishcon signs up new head of planning

Mishcon de Reya has scooped an Eversheds lawyer, Oliver Goodwin, as its new head of planning and environmental law. Goodwin was working with the Eversheds team advising on the planning application for the London Development Agency in support of London’s Olympic bid. Goodwin said: “I want to get on the fast-track, building and developing my […]

Spitzer probe hands Clydes work

Clyde & Co has picked up 10 mandates in London relating to the investigation launched by US Attorney General Eliot Spitzer into broker Marsh & McLennan (M&M). These include an instruction from Munich Re to look at the terms and conditions of its broking relationships. It is understood that Munich Re beauty-paraded four law firms […]

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