Orrick, MoFo suffer PEP falls at year-end

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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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PwC enlists Hammonds on Adams collapse

The administrators for ailing retail chain Adams Childrenswear have appointed Hammonds as legal counsel. The administrators for ailing retail chain Adams Childrenswear ;have appointed Hammonds as legal counsel. The company was put into administration on 31 December and has already closed 111 of its 271 UK stores, resulting in around 850 job losses. Administrator PricewaterhouseCoopers (PwC) […]

Special report: Romania

With a population only second in size to Poland’s, any lawyer operating in international markets will now be well aware of Romania as one of the most exciting of the emerging markets in Eastern Europe. From the early 1990s the country has seen some of the largest and most consistent growth in GDP in the […]

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Trouble at t’ bank?

I have had a lot of calls over the last few months from Managing Partners and Finance Directors of law firms asking for a second opinion as to whether the renewal terms offered by their bank are reasonable. These conversations invariably contain expressions such as “usury”, “daylight robbery”, “kicking a man while he is down” […]

Associates fall into line as redundancy fears cast shadow over legal market

The fear coursing through the legal market – revealed by the YouGovCentaur survey last week – has made associates a much more amenable bunch. The ;fear ;coursing through the legal market – revealed by the YouGovCentaur survey of almost 2,000 lawyers in The Lawyer last week (5 January) – has made associates a much more amenable bunch. […]

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