Hammonds partners to repay £8m: 2004 cash hole revealed

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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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Ashurst: PEP rises as turnover stalls

Ashurst’s financial performance has rebounded with the firm reporting a 9 per cent increase in average profits per equity partner (PEP) last financial year to reach £567,000. But the increase was still not enough to fully counteract the firm’s dismal results in 2003/04, which saw average PEP tumble 11.7 per cent to £521,000, down from […]

Public unlimited

Local authority lawyers are deluged with work, but rather than drowning they’re getting competitive. Matt Byrne investigates The days of local authority lawyers viewing their oppos in private practice with envy and little more than suspicion may not be entirely over, but they are numbered. “The fundamental change in the last few years has been […]

Legal profession unites to support bombing victims

The legal profession has launched a pro bono initiative to help the victims of the London bombings and their families. The Law Society has set up a telephone helpline to direct those affected by the bombings to free legal advice. So far 240 firms have been contacted, with 18 signing up to provide pro bono […]

Jones Day scoops France Telecom deal

Jones Day’s Madrid office has secured its largest instruction from France Telecom to date after being instructed by the telecommunications giant on its landmark EUR6.4m purchase of Spanish mobile phone operator Amena. The deal, agreed earlier this week, sees France Telecom buy 80 per cent of Amena’s stock from holding company Grupo Auna, which is […]

Firm profile: Mackintosh Duncan

Nothing riles Nicola Mackintosh, the community care specialist at South London firm Mackintosh Duncan, more than the kind of bureaucracy she believes smothers legal aid. The solicitor recently advised a client in the advanced stages of motor neurone disease who was paralysed from the neck down and spent every day sitting in bed. “She can’t […]

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