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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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Ukraine introduces criminal liability of businesses

On 1 September 2014, criminal liability of legal entities will be introduced in Ukraine. The president of Ukraine signed a relevant law, under which amendments to the Criminal Code and the Criminal Procedure Code of Ukraine come into effect. Criminal liability arises if an authorised person (such as a director or other persons entitled to […]

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UK lawyers less wealthy than Bric counterparts

UK lawyers are lagging behind their counterparts in the developing world when pay is compared to average gross domestic product (GDP) per capita, according to new research. Senior lawyers from Brazil, Russia, India and China earn on average 23 times the average GDP per capita, compared to salaries of 5.4 times GDP per capita in […]

Lawyers and politicians red-faced over will

People normally leave their cash to relatives, animal sanctuaries or their cat. Not the Government. But the Tories and Lib Dems had to return a £520,000 donation to the Treasury this morning after accepting money from a pensioner which may not have been for them. The name partners at Bristol-based Davis Wood were no doubt […]

money
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MAB reports profit and turnover rise with PEP hitting £616k

South East firm Matthew Arnold & Baldwin (MAB) has reported a 57 per cent jump in average profit per equity partner (PEP) for the 2012/13 financial year, rising from £390,000 to £616,000.  According to early results from data in this year’s The Lawyer UK 200 (12 August 2013), the increase puts the firm above a […]

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