Shearman & Sterling promotes 11

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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 […]

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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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No5 silk becomes Midlands Circuit leader

No5 Chambers silk Gareth Evans QC has been appointed leader of the Midlands Circuit. Evans, who succeeds Peter Joyce QC of 1 High Pavement Chambers, will serve as the circuit leader until 2011. Evans said a fundamental aim will be to maintain the size and strength of the Midlands bar in a climate where ­Government […]

DLA creates overarching UK leadership role

DLA Piper has revamped its leadership by combining the roles of regional managing partner and London managing partner under a new UK head. DLA Piper has revamped its leadership by combining the roles of UK regional managing partner and London regional managing partner under a new UK head. Europe, the Middle East and Africa (Emea) […]

Cripps appraisal sees associates’ pay related to performance

Tunbridge Wells-based firm Cripps Harries Hall is to overhaul staff pay scales to link associates’ pay directly to performance. The firm will incorporate the performance-related pay scale with its new appraisal process. Cripps HR director Jim Fennell said he hopes to roll out the system by the New Year. He explained: “Under the old appraisal […]

Paul Hastings lawyer suspended over insider dealing claims

Paul Hastings Janofsky & Walker lawyer Eric Holzer has been suspended from the firm over his alleged part in suspected insider trading at Lehman Brothers. Holzer, a tax associate in the New York office of Paul Hastings, is accused of being part of an insider trading ring with Lehman traders Jamil Bouchareb, Daniel Corbin, Frederick […]

Promotions down at Dechert and Reed Smith

US firms Dechert and Reed Smith have shown their confidence in the London market by making up new partners in the City, despite making fewer promotions overall than last year. Dechert made up a single UK partner, London-based funds specialist Gus Black, alongside five promotions in its US offices. Last year, from nine promotions at […]

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