McDermott lays off 149 across US network

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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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Linklaters and Sullivan: The missing link

Like teenagers who won’t admit their mutual crush despite an ardour plain for everyone to see, Linklaters and Sullivan & Cromwell should surely get it together. Linklaters and Sullivan: The missing link” class=”inline_image inline_image_left” src=”/pictures/web/images/15972_16_linklaters.gif” /> Just over a week ago, The Lawyer ;exclusively broke the news that Linklaters was preparing to enter into a […]

Hip hop on the Trott

3.06pmThe courts just can’t get enough of LA rapper Snoop Dogg, otherwise known as Calvin Broadus Jr. But it’s not his songs that they’re after. 5 February, 3.06pm The courts just can’t get enough of LA rapper Snoop Dogg, otherwise known as Calvin Broadus Jr. But it’s not his songs that they’re after. Snoop’s long-running […]

Sidley posts 7.4 per cent revenue increase for 2008

Sidley Austin has hiked revenues by 7.4 per cent for the last financial year. Sidley Austin has hiked revenues by 7.4 per cent for the past financial year. Sidley, the latest US firm to announce its 2008 results, posted an increase in revenue in 2008 from $1.38bn up to $1.48bn. Average profit details are not […]

A&O, Clifford Chance on Abu Dhabi banks deal

Allen & Overy (A&O), Clifford Chance and White & Case have advised on the Abu Dhabi Government’s 16bn AED (£2.98bn) bail-out of five local banks. Clifford Chance advised the Abu Dhabi Government on its tier 1 capital injection into the emirate’s banks. Capital markets partner Simon Sinclair in London and Abu Dhabi capital markets partner […]

CC named in property negligence claim

Clifford Chance is the latest City firm to be the subject of a professional negligence claim, with Jersey property company Al Salam UK Properties Investment taking action against the firm. The company claims that Clifford Chance repeatedly ignored its instructions on the purchase of two Mayfair properties it intended to develop. The claimant’s firm Nasir […]

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