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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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Money

A&O and Linklaters break into US pay battle with associate salary increases

Allen & Overy (A&O) and Linklaters have both announced that they are matching Cravath Swaine & Moore’s salary scale in their US offices, two weeks after Clifford Chance hiked newly qualified (NQ) lawyer salaries to $190,000. An internal memo sent by A&O said that salary increases would take effect from 1 July 2018, with pay cheques ranging […]

Stock IPO

Exclusive: Axiom weighs up IPO after years of deliberation

Flexible legal resources provider Axiom is considering an initial public offering in a bid to turbocharge the company’s growth, The Lawyer understands. Sources close to the matter claim that the firm’s internal talks are reaching a head after several years of deliberation. An Axiom spokesperson said today: “Axiom does not comment on rumours or market speculation”. […]

Gowling WLG launches dedicated cannabis practice in Canada

Gowling WLG is pleased to announce the launch of a dedicated Cannabis Group in Canada equipped to deliver a comprehensive suite of legal services to cannabis companies and other businesses that support the sector. Comprising an experienced multi-disciplinary team, the practice encompasses a wide range of areas, including public listings, corporate finance transactions, mergers and […]

London

California powerhouse Wilson Sonsini to launch in London

Wilson Sonsini Goodrich & Rosati is to open its doors in London, making it the first major US law firm to launch in the capital since Cooley three years ago. The US firm’s London office will be based at 41 Old Street and led by partner Daniel Glazer who will relocate to the English capital […]

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