Hogan Lovells increases trainee pay scales

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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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Firms must inform clients of referral fees, says LSB

Firms should be forced to disclose to clients when referral fees have been paid for cases, the Legal Services Board (LSB) has concluded. The LSB launched a detailed review of the lucrative referral fee market in response to calls for their outright ban. It has concluded that there is insufficient evidence to suggest the fees […]

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Davis Polk and Links win lead roles on Rio Tinto bond issue

Davis Polk & Wardwell has advised a group of major securities companies on an SEC-registered offering of $2bn of notes by Rio Tinto Finance (USA). The US firm advised JPMorgan Securities, Deutsche Bank Securities, RBS Securities, Morgan Stanley, RBC Capital Markets and SG Americas Securities as joint bookrunners and representatives of the underwriters on the […]

Cross-border in court

The system’s flaws may be legion, but a better alternative to the use of international arbitrators to resolve disputes in cross-border commercial agreements has yet to be discovered, argues Charles Adams  Since the 1960s international arbitration, under the rules of the principal arbitral bodies, has been the default method of ­dispute resolution in major […]

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A&O snares Herbies’ newly promoted European litigation chief

Allen & Overy (A&O) has raided Herbert Smith’s Paris office for a three-partner litigation team headed by French dispute resolution chief Denis Chemla. Chemla joins A&O along with fellow partners Michael Young and Erwan Poisson, who specialise in arbitration and litigation respectively. The news comes less than a month after Herbert Smith promoted Chemla to […]

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Addleshaws to cut 40 jobs after 17 per cent profit drop

Addleshaw Goddard has begun a redundancy consultation among its support staff at the end of a financial year that saw net profit drop by 17 per cent. The news comes as the firm introduces a host of structural and strategic changes, including the launch of offices in Singapore and Dubai. The offices, which are slated […]

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