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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 […]

Recommended

Bond Pearce introduces merit-based remuneration

Bond Pearce is overhauling its lockstep in a drive to increase its competitive edge by adding a merit-based element, as the firm reports a 15 per cent drop in profit per equity partner (PEP). The new remuneration system will take effect from April 2007 for the 2007-08 financial year and replaces the firm’s more traditional […]

A&O taps bank for £75m to cover HQ relocation

Allen & Overy (A&O) has secured a £75m bank facility to help cover the cost of its new offices at Bishops Square. The loan was put in place last year to augment the current £65.8m cash surplus A&O has built up via retained profit to pay for the move, planned for this October. A&O finance […]

Hunton high and low

Lawyers are not normally connected with industrial espionage, but the legal bods at Hunton & Williams haven’t let that stop them. Housed on floor 18 of the Gherkin, Hunton lawyers must normally descend to the first floor to catch a lift to the restaurant. However, many of them have been taking a detour via the […]

Specialised local government legal qualification on the cards

Talks are being held to forge a brand-new qualification for lawyers specialising in local government work. The talks promise to revolutionise the way local government specialists are hired and promoted, and could lead to voluntary assessments beginning in as little as 15 months’ time. Local government law chiefs at firms including Bevan Brittan, Pinsent Masons […]

Bitter bill to swallow

Three lawyers on a mission: to change the Companies Bill before it’s too late. But is the City listening? They look like unlikely crusaders. If you were putting together a campaign team, a Herbert Smith partner, a Freshfields Bruckhaus Deringer partner and the general counsel of Scottish & Newcastle (S&N) would not immediately come to […]

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