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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 […]

Recommended

Cadwalader’s profit per point drops 38 per cent

Cadwalader Wickersham & Taft’s profit per point dropped by 38 per cent during the last year, despite the firm reporting a profit per equity partner (PEP) slump of ‘only’ 30 per cent, The Lawyer can reveal. Sources at Cadwalader were celebrating the PEP drop of 30 per cent, from $2.73m (£1.87m) in 2007 to $1.88m […]

Kueppers in the frame to take over from Seisler

Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler as Continental Europe managing partner after the firm’s partnership council recommended him for the post. Lovells Germany tax head Christoph Kueppers looks set to replace Harald Seisler ;as ;Continental Europe managing partner after the firm’s partnership council recommended him for the post. Düsseldorf-based Kueppers was […]

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Slaughters, Freshfields advise on latest bank bailout

Slaughter and May has cemented its close ties to the Treasury, advising on the Government’s latest bank bailout package as well as a further governmental investment in Royal Bank of Scotland (RBS). Slaughters corporate partner Charles Randell led the team advising on the Government’s asset protection programme, which will see the Government insure banks against […]

Dentons to make up to 80 staff redundant

Denton Wilde Sapte has launched a redundancy consultation, which could see up to 80 members of staff lose their jobs. Jobs are under review in all fee-earning departments except competition, tax and TMT, across both London and Milton Keynes. The marketing, accounts, facilities and compliance functions will not be affected. It is not known whether […]

Revenue and PEP up almost 10 per cent at Cleary

Revenue at Cleary Gottlieb Steen & Hamilton rose 8 per cent during the 2008 financial year while profit per equity partner (PEP) was up 9 per cent. PEP at Cleary was $2.33m last year compared with $2.14m in 2007, sources indicate, while global revenue at Cleary increased to $961m, up from $890m in 2007. Cleary […]

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