In brief: Allen & Overy

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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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Crown Prosecution Service. All tail and no teeth

Many people say the CPS has failed. The CPS idea has not failed – it has never been given the chance to work. When the 1981 Royal Commission on Criminal Justice recommended that there should be an independent prosecuting service, what was proposed was fundamentally different to the CPS created. It said that within each […]

Firm's sponsorship scheme under fire

AN AMBITIOUS corporate sponsorship scheme for polo matches being promoted by East Anglian firm Mills & Reeve has been questioned by tax analysts Allenbridge. The £5 million contracted exit EIS Polo Scheme sells licences for polo matches and tournaments at Ascot Park so investors can get a return from sponsorship and media rights as well […]

Girling: 'Firms should sell shares'

Law Society president Tony Girling and senior Chancery Lane staff have called for measures to allow law firms to raise cash by selling shares on the stock market in a bid to compete with accountancy firms. Girling promoted the idea at the American Bar Association’s Orlando conference. But many of the international Bar leaders reacted […]

India and Central Asia come top of Baker & McKenzie's expansion list

Around 475 partners from the world’s largest law firm Baker & McKenzie will converge on London this week to discuss the firm’s future plans, which include expanding into India and Central Asia. Partners from the firm’s 55 offices around the world will meet for three days to discuss the key decisions which affect the international […]

Law groups unite to defeat ad threat

The UK’s law societies have joined forces with the German Federal Bar in an attempt to scupper a European Commission directive which would allow comparative advertising between law firms. The groups, which share an office in Brussels, have enlisted the support of UK MEP Philip Whitehead to table an amendment in the European Parliament to […]

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