The quiet man leading India's velvet revolution

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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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B&M profits hike

Baker & McKenzie announced record annual revenues of US$700m for 1997 at its annual partnership meeting in Toronto last week. This represents an 8 per cent increase on the 1996 figures. The firm said that net profits also reached record levels, although it declined to give exact figures.

Clifford Chance seals deal to reschedule Soviet debt

Clifford Chance finance partners are celebrating the completion the world’s last outstanding sovereign debt rescheduling with the signing of an agreement by Russia to repay the former Soviet Union’s $33bn debt over the next 25 years. The firm’s two London finance partners, Cliff Godfrey and Andrew Yianni, have spent the past four months drafting the […]

Establish tax-friendly Net zone, says lawyer

Elizabeth Davidson reports THE UK could attract $500m- worth of Internet-based commerce if it set itself up as a tax-friendly zone, according to a computer lawyer. Computer Lawyers Consortium chair Roger Loosely, a partner at Fladgate Fielder and head of its technology law unit, has called on the UK Government to “act quickly” and take […]

SLAB proposes criminal code

The Scottish Legal Aid Board (SLAB) has published a draft code of practice which it intends to impose on all solicitors conducting criminal legal aid work. The code covers the management of cases, staff training, compliance with legal aid guidelines and legislation, and the maintenance of a suitable complaints procedure. In a move which currently […]

In brief: Tory chief meets with Leeds businessmen

Yorkshire firm Lee & Priestley hosted a private meeting for businessmen with Conservative Party leader William Hague (pictured above centre) at its Leeds headquarters this month. Senior partner John Priestley (pictured right with chief executive David Gale, left) said: “We are a progressive and forward thinking practice.” Hague also opened a new extension to the […]

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