Ten US firms up salaries; London will have to wait

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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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McDermott pensions head quits for K&L Gates

McDermott Will & Emery has lost its head of pensions and incentives, Danny Tsang, to the London office of Kirkpatrick & Lockhart Preston Gates Ellis (K&L Gates). Tsang, whose practice focuses on all areas of pensions, employee incentives and stock options, is joining Kirkpatrick in February to launch a UK pensions team at the US […]

GE Commercial Finance swaps Euro counsel

GE Commercial Finance has named Lorna Curry as the replacement for Kevin Dunn, the general counsel for European corporate finance. Dunn has been promoted to European head of leveraged finance. In her new role, Curry will oversee all European legal matters for the unit, which is made up of almost 2,000 employees and provides capital […]

Christian Salvesen to divide legal team focus

Transport logistics company Christian Salvesen has restructured its in-house legal department to better split the focus between commercial and company secretarial duties. The restructure sees Keith Marriott promoted to the newly created role of commercial legal director, while Ian Rose has been promoted to the role of assistant company secretary. Legal director and company secretary […]

Private collections

With the use of private companies for public sector work, the tricky issue of insolvencies has been raising its head. Victor Tettmar reports on the issue of the taxpayer not only paying for poor service, but paying again to save the underperforming provider

Maple grief

Grave charges indeed have been levelled at the New York office of Wall Street stalwart Sullivan & Cromwell. On 16 January 2006 M&A associate Aaron Charney filed a complaint against Sullivan,in which he alleges a litany of discriminatory comments and behaviour towards him by his Sullivan peers and superiors once his homosexuality became known. The […]

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