Maclays pleased with 12 per cent growth

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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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Foot Anstey nets double-digit growth in PEP and turnover

Foot Anstey had another strong year in 2006-07, posting a growth in turnover of 11 per cent to £16m. Average profit per equity partner at the West Country firm performed even better, rising by 24 per cent to £182,000, with a net profit of £3.6m. The equity spread last year ran from £137,000 to £227,000. […]

Lovells’ smokers put out

With less than two days to go until England becomes a smoke-free zone, City law firm Lovells is being forced to close the doors on its smoking room for the last time. The firm has housed a designated room for smokers at its Atlantic House headquarters since moving into the building in 2000. However, under […]

ILaw tells clients to name their price for legal work

Niche IP firm iLaw has launched an offensive on City IP practices with a new initiative whereby clients dictate the fees they pay. The firm wants to lure top clients away from firms charging between £400 and £700 an hour for a partner’s time by allowing the client to pay what they think the matter […]

That sinking feeling

On Monday (25 June) The Lawyer revealed that Irwin Mitchell was one of the growing legion of UK law firms that may seek a stock market listing in the post-Clementi era. But what’s this? Last week Tulkinghorn heard rumours that Irwin Mitchell has already beaten all of its rivals to that aim, although perhaps not […]

Eversheds raid forces Weil to axe Brussels office

Eversheds has beefed up its Brussels presence with the addition of a team of lawyers that includes the head of Weil Gotshal & Manges‘ local office, M&A partner Stanislas De Peuter. De Peuter’s exit spells the official closure of Weil’s Brussels operation. Also joining Eversheds is Ignaas Behaeghe, head of tax at Brussels firm Lawfort, […]

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