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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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One Essex Court’s Grabiner and Mishcon bring Guy Hands EMI case to UK

One Essex Court’s Tony Grabiner QC and Mishcon de Reya have picked up a role on private equity magnate Guy Hands’ long running battle against Citigroup over his ill-fated acquisition of EMI. It emerged last week that the case would be unexpectedly transferred to the English courts from the US after several court hearings in […]

Accountants – the lawyers of tomorrow?

If the news that the Big Four accountancy firms are ramping up their legal arms sounds like something you’ve read before, you’re not far wrong. In the pre-Enron days, the likes of KLegal and Andersen Legal, closely associated with the auditors, were major players in the UK mid-market. Now PricewaterhouseCoopers (PwC) is setting its stall […]

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PwC Legal chief: we can be a top 20 global legal services business in five years

The head of PricewaterhouseCooper’s legal arm (PwC Legal) has set out the firm’s ambitions to become a global top-20 legal services player within the next five years. PwC Legal global legal services leader Leon Flavell told The Lawyer that the firm was targeting revenues of $1bn – doubling from 2013’s almost-$500m across the firm’s legal […]

One for the Lusophiles

Despite a rocky domestic market, Portuguese firms are spreading their wings internationally. Mozambique and Angola have long been areas of interest for historical reasons, but there have also been forays into Cameroon and East Timor Portugal: First rays of the new rising sun Top-tier Portuguese firm opens doors in East Timor Angola/Mozambique: Power lions Portugal’s […]

Supreme Court decision on misrepresentation during pre-contract negotiations

In a significant decision by the Supreme Court, a representor has been held liable for its negligent misrepresentation to another party other than the party that was later induced to conclude the contract. A negligent misrepresentation is an untrue statement of fact or law made by Party A that induces Party B to enter into […]

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