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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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A&O senior associates in line for £200,000

Magic circle firm launches new financial package in bid to retain talent Senior associates at Allen & Overy (A&O) could earn up to £200,000 as part of a complete overhaul of the magic circle firm’s career structure. As first reported on www.thelawyer.com last Thursday (12 October), A&O has abolished its current bonus system and will […]

A&O causes dismay over salary survey

Allen & Overy‘s (A&O) salary hike for associates has understandably sent rival firms into a spin as the market inevitably rushes to keep pace and match the increase. But the rise has had far wider implications than just those for the law firms. Consider the plight of one poor City recruitment firm, which had painstakingly […]

Lovells adds Christian Salvesen to client roster

Lovells’ real estate team has received a boost after picking up new client Christian Salvesen, a European logistics company. Lovells advised Christian Salvesen on a £47.5m sale-and-leaseback arrangement with Carisbrooke Investments for a number of its UK properties. The deal closed in late September. Carisbrooke was advised by Herbert Smith, with real estate partner Jeremy […]

It’s just not cricket

Tulkinghorn popped along to the Oval last week, the scene of many historic cricketing moments, such as Michael Vaughan finally lifting the Ashes or DLA Piper sports lawyer Mark Gay going in to bat for Pakistan (or at least its captain Inzamam ul-Haq over the ball-tampering affair. But unfortunately for Tulkinghorn, there was not a […]

E&Y appoints new legal chief

Ernst & Young has announced deputy general counsel Lisa Cameron is to become the next UK general counsel, replacing Victoria Cochrane to head up the 10-member in-house legal team.Cochrane is to focus on her new role in E&Y’s quality and risk managem… Ernst & Young have announced deputy general counsel Lisa Cameron is to become […]

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