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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

Simmons vows organic TMT expansion

Simmons & Simmons has pledged to focus on organic growth in its London communications and outsourcing group following the loss of two-fifths of its London partner capability in a matter of months. The most recent exit was that of Peter Brudenall, who left to join the London office of Hunton & Williams last week (17 […]

Greenberg alliance comes good as Olswang picks up energy deal

Olswang’s US alliance with Greenberg Traurig, along with its new office in Berlin, has helped the firm score a new corporate client in Europe. Olswang acted on the competition and finance matters for Oxbow Carbon, the world’s biggest marketer of petroleum coke, in its purchase of Dutch company SSM Coal. The deal will boost Oxbow’s […]

Shoosmiths

Position: 28 hFirm: Shoosmiths Turnover: £103.4mProfit per equity partner: £327KEarnings per partner: £174KEquity spread: £240K-£336KNet profit: £12.4mProfit margin: 12 per centRevenue per fee-earner: £146KRevenue per lawyer: £297KRevenue per partner: £994KRevenue per equity partner: £2.59mTotal number of fee-earners: 707Total number of qualified partners: 348Total number of partners: 104Total number of equity partners: 40Total number of female […]

Techno probe

A recent Competition Commission probe highlights the importance of making the right decision on which review technology to choose. By Alex Dunstan-Lee Once upon a time documents were in a paper file in someone’s filing cabinet, and limited primarily to letters, faxes and meeting notes. But now they are more likely to be in a […]

The great divide

Tighter regulation of investment products will spark higher costs for professional advice and leave the mass market out in the cold. By Simon Gleeson The regulatory landscape for retail products in the UK is entering a period of rapid change. Financial Services Authority (FSA), EU and Government initiatives are all running strongly and it seems […]

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