Links matches Freshfields – again

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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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Orrick and Slaughters advise as Venture rejects Centrica’s takeover bid

Orrick Herrington & Sutcliffe and Slaughter and May are advising as talks continue between Centrica and North Sea gas producer Venture Production. British Gas owner Centrica increased its stake in Venture to 29.9 per cent on Monday after Venture rejected a 845p-a-share hostile takeover bid. Cetrica is reported to be considering a £1.1bn bid for the rest […]

Stewarts Law enjoys bumper year with £769K PEP

Partners at niche ­litigation firm Stewarts Law have had a record year. Average profit per equity partner (PEP) was up by 20 per cent to £769,000, ­more than at Clifford Chance, which posted £733,000. The firm’s highest-­earning partners scooped £963,000 in PEP. The firm, which won Niche Law Firm of the Year at The Lawyer Awards in June, has […]

8

Linklaters casts off ‘New World’ moniker

Linklaters has ­abandoned its ‘New World’ moniker in the wake of its controversial restructuring programme. Simon Davies Project New World was the name given to the ­strategic review that led to the loss of up to 50 partners and some 200 lawyers as part of the firm’s bid to become a smaller and more profitable operation. […]

Cadwalader to reduce City office space by up to half

Cadwalader Wickersham & Taft has signalled its intent to permanently downsize its London operations by finalising an office move that will see it reduce its space in the City by almost half. The US firm, which ­currently occupies roughly 35,000sq ft at 265 Strand, is making a final decision between three possible new locations with floor spaces of […]

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Silver circle tarnished as financials slide

Equity partners at firms in the ­silver circle will be taking home a significantly lower share of profits ­following the 2008-09 financial year, with profit per equity partner (PEP) falling by an average of 34 per cent. Charles Martin Travers Smith, which has not yet finalised its figures for the past financial year, is expected […]

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