Halliwells’ top brass vows to grow

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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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Milberg prepares for consequences of indictment for referral fee ‘misuse’

After the Milberg prosecution, what next? Joanne Harris reports on the effects to the US class action sector For the past 40 years Milberg Weiss Bershad & Schulman has been pioneering class action lawsuits on behalf of investors and shareholders. The firm has become the scourge of corporate America. But a cloud now hangs over […]

Philly merger creates 500-lawyer powerhouse

Philadelphia firms Buchanan Ingersoll and Klett Rooney Lieber & Schorling have merged to form the city’s largest law firm with more than 525 lawyers. The new firm, Buchanan Ingersoll & Rooney, will have an estimated combined turnover of $265m. Buchanan CEO Tom VanKirk will lead the new firm for at least the next three years, […]

Cravath and Herbies score lead roles on AOL UK sale

Cravath Swaine & Moore and Herbert Smith have scooped lead roles advising AOL UK on its potential £1bn sale. A deadline for bidders to declare an interest in buying the internet company passed at 5pm today (Monday 12 June), with BSkyB and BT among the favourites. However, it is still unclear whether AOL UK’s US […]

BLG, Gateley wareing take on TM LEwin MBO

Barlow Lyde & Gilbert (BLG) and HBJ Gateley Wareing advised on the £50m management buyout of shirtmaker TM Lewin. TM Lewin, which makes and sells business and dress shirts, has 37 outlets and an annual turnover of £40m. BLG advised both the vendors and management. London-based corporate partner John Cadman led the team advising the […]

Profit remains static at Ward Hadaway

North-East player Ward Hadaway has announced its year end results, showing increased turnover but static profits. Turnover was £21.6m, a six per cent increase on last year’s £20m. However profit per equity partner (PEP) has remained the same as 2004/5’s £370,000. Managing partner Jamie Martin defended the results: “This year is the eighteenth anniversary of […]

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