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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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13

Simmons copies Linklaters by slashing client count

Linklaters by slashing client count” />Simmons & Simmons is planning a Linklaters-style strategy of cutting the ­number of its key global clients in the wake of the financial crisis. Simmons has rethought its plans following the loss of key clients such as Lehman Brothers and ABN Amro. Under the current three-year plan, which comes to […]

16

Eversheds launches fresh redundancy talks

Eversheds launches fresh redundancy talks” class=”inline_image inline_image_left” src=”/pictures/web/images/14763_david-gray-eversheds.jpg” />Eversheds has launched a second round of redundancy talks with 45 lawyers and related support staff. Those affected are predominantly in the M&A, finance and insurance departments. Those being consulted in finance are focused on real estate finance and acquisition finance. David Gray, Eversheds chief executive said: […]

7

Movember: ‘tache of the Titans – week two

Tulkinghorn and all of his male scribes are gearing up to grow moustaches for Movember, a charity scheme set up for everyday people to become 1970s legends and raise some money for prostate cancer in the process. WEEK TWO… Things are taking shape on the faces of Team Tulkinghorn. A week into their bid to […]

Wall Street Woes: Hiring and firing

The credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the now defunct firm Heller Ehrman. &idThe credit crunch rollercoaster keeps on chugging along. Yesterday Orrick launched a round of 40 lay-offs, just weeks after taking a large chunk of the […]

More jobs to go in South West

“These are tough times, I’m just trying to steer us through,” one Bristol managing partner sighs. Talk of legal redundancies are high on the agenda across the South West, with Clarke Willmott currently in consultation with 40 members of staff (The Lawyer.com 28 October). But many firms are trying to make the most of their […]

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