Hammonds set to take harder line on partner departures

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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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Employment star Fox relaunches as Fox

Fox Williams’ Ronnie Fox has set up a brand new employment boutique following his departure from the firm he co-founded 17 years ago. Fox told The Lawyer he was aiming to recapture the excitement of running his own firm by establishing the new venture, named simply ‘Fox’. “I’m determined to have fun and enjoy doing […]

Finance star Gillespie quits A&O for Kirkland

Leading Allen & Overy banking partner Stephen Gillespie has resigned from the magic circle firm to join Kirkland & Ellis. Gillespie, one of the best-known leveraged finance lawyers of his generation, has been a senior figure within A&O’s banking practice and had been nominated as its strategy development partner following a management rejig two years […]

Opinion

With free healthcare, but means-tested social care, people in England and Wales are getting a raw deal Up and down the country, dinner party conversation in many homes has changed from quiet satisfaction over the increase in house prices to outright concern over whether the property will have to be sold to pay for care. […]

Speechly partnership buoyed with five additions

Speechly Bircham added five to its partnership with its fourth lateral hire of the year and four internal promotions. The firm has brought in litigation specialist Jim Sharkey, who joins from DLA Piper Rudnick Gray Cary, where he was head of commercial litigation in Birmingham. Managing partner Michael Lingens said: “We’re delighted to welcome Jim […]

Conflict killers

Pension trustees are facing increasing scrutiny over the potential conflicts created by their outside loyalties. But it is unrealistic to expect individual trustees to leave behind their other duties, roles and loyalties entirely while acting as trustees. In the modern world, conflicts cannot be avoided. They can, however, be managed. So long as trustees are […]

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