Incoming CC managing partner vows to slim management ranks and review salaried partner lawyers

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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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Cleary swoops AmEx veteran

People may laugh uproariously at the idea of moving to private practice for a better work/life balance. They might cackle harder when they realise that the place in question is a US firm. But it appears that an increasing number of senior in-house counsel are choosing to leave for a less demanding private practice role, […]

Beijing

Minter Ellison adds two partners to Greater China region

Australian firm Minter Ellison has hired a partner each from US firm Winston & Strawn and Gide Loyrette Nouel to strengthen its Greater China capability. Minter Ellison has appointed Jem Li, former managing partner of Winston & Strawn’s Beijing office, as a partner in Beijing. Li is a New York qualified corporate lawyer who has […]

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Half-year turnover up 12 per cent at Watson Farley

Watson Farley & Williams has posted double-digit revenue growth for the first six months of the 2013/14 financial year with half-year revenues of £52m.  The figure is promising for the firm, which saw a 13 per cent fall in average profit per equity partner (PEP) at the year-end despite reporting a 2 per cent increase […]

ROCs or CfDs — the choice is not clear cut

With the Renewables Obligation (RO) scheme of support for new schemes to be phased out by 31 March 2017 and the replacement Contracts for Difference (CfD) scheme coming into effect next year, there will be a period of time in which developers will have a choice of which scheme to seek support under. As more […]

(Re)insurance Alert — Equitas Ltd and Another v Walsham Brothers & Co Ltd

In Equitas v Walsham Bros, the Commercial Court ruled on a number of key legal issues concerning the duties owed by Lloyd’s brokers to remit funds promptly to clients and reinsurers.  Equitas is the successor to Lloyd’s syndicates writing non-life insurance business for the 1992 and all prior years of account. Equitas’s case was that […]

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