Met Police panel rejig sees 13 firms collared

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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 […]

Jersey residential leases – More regulations on the way

By Katharine Marshall New minimum standards for rental accommodation are due to come into force at the start of October and comprise the latest in a series of laws and regulations affecting the Jersey residential tenancy market. In recent years, the States of Jersey has moved to modernise laws around tenancies introducing rules around the format […]

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Freshfields insists it’s business as usual after student’s theft

As white-collar crime goes, 19-year-old Titilayo Olaifa’s theft while on work experience at Freshfields Bruckhaus Deringer is small potatoes. Nevertheless, by managing to steal £13,500 and attempting to steal £46,500 more, Olaifa attracted a jail term of five months for her theft and “fraud by abuse of position” (as reported on TheLawyer.com, 10 July). Olaifa […]

Taylor Wessing realises Beijing dream

Taylor Wessing has opened its long-planned Beijing office after receiving its operating licence from the Chinese ­authorities last month. The base will be headed by the firm’s international China group head ­Florian Ranft and partner Christoph Hezel, assisted by two ­associates. The firm hopes to make three additional lateral associate hires in Beijing and to […]

Professional negligence: Troubled indemnity

Competition among insurers for legal firms’ business has rarely been fiercer, but the pressure this is putting on underwriters’ rates means some will soon have to walk away from the professional indemnity insurance market altogether, warns Steve Holland Many insurers are trying to hold their premium rates stable and introduce rating increases for certain types […]

Brodies forms standalone banking and finance group

Brodies forms standalone banking and finance group” />Scottish firm Brodies has created a standalone banking and financial ­services department as part of a revamp of its leadership group. Until now the firm’s banking practice has sat within the wider corporate and commercial group. According to managing partner Bill Drummond, the separate group has been formed […]

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Stateside shorting rules cause havoc for lawyers

Emergency guidelines aimed at tightening the rules surrounding the short selling of US stocks and clamping down on financial market rumour mongerers left lawyers and their clients scrambling to comply yesterday (Monday 21 July). The Securities & Exchange Commission’s rules are so far limited to 19 financial institutions, including the world’s largest investment and commercial […]

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