Reed Smith lures McDermott energy partner

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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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Herbies, Taylor Wessing win Sheffield block sale

Herbert Smith and Taylor Wessing won mandates on the sale of the Sheffield building that ­houses DLA Piper’s offices in the city. Taylor Wessing advised longstanding client Canada Life on the £24m purchase of No 1 St Paul’s Place from fund manager Standard Life Investments, which was advised by Herbert Smith. Real estate partner and former group head John […]

1

St Johns Buildings targets publicly funded work with three-way merger

Manchester set St Johns Buildings (SJB) is set to merge with Sheffield’s Paradise Chambers and Liverpool-based India Buildings Chambers. The sets, which have all come under financial pressures as a result of drastic reduction in legal aid work, said the move would better enable the combined chambers to pitch for publicly funded work. “Uncertainty prevails […]

Andrew Thomson

Bindmans

King’s Cross-based Bindmans is enjoying a market-busting boom, helped by the firm’s longstanding focus on public law, human rights and civil liberties. The 16-partner firm also has a growing business crime unit, hardly hurt by the recession. As a result Bindmans saw its total fee income grow from £6.6m to £7.2m last year. And if […]

Freshfields anoints Asia chief as Marchant returns to City

Freshfields Bruckhaus Deringer has named Robert Ashworth as the successor to Asia regional managing partner Simon Marchant, who is returning to the firm’s London office. Ashworth, who has been based in Hong Kong since 1994, has been head of Freshfields’ Asia corporate practice since 2000. In a statement, he said: “This is a very exciting […]

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DWF signs divorce-funding deal with Co-operative bank

The Co-operative Bank has unveiled plans to launch funding deals for individual firms to provide clients with loans to fund divorce cases. The first such deal has been signed with DWF. The tie-up will see a referral network set up between DWF and the bank that will give the firm’s private clients access to loan […]

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