Valley rent costs threaten Oppenheimer

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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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Former health minister teams up with Beachcrofts

The former health minister who resigned over the Iraq war is to take up a new brief advising Beachcroft Wansbroughs’ health and social care division. Lord Hunt of Kings Heath (Philip Hunt) will be part of the team helping clients face the issues and implications of the constantly changing health sector. He will particularly support […]

A&O to save millions by using virtual filing

Speaking at a seminar on real estate needs for law firms, Rodney Barker, a former A&O director of business services, who is now a legal workplace consultant, said that A&O was aiming to reduce its current provision by 80 per cent…. Allen & Overy (A&O) could save millions of pounds a year on rental costs […]

Property lawyers top professional indemnity hit-list

Property work has once again turned out to be the main cause of professional indemnity claims against solicitors. According to a report by Alexander Forbes Claims Services, 34 per cent of claims from 31 August 2002 to date have been racked up over property matters. Of the property claims, residential work was the biggest offender, […]

Fried Frank rocked by exits

Fried Frank Harris Shriver & Jacobson has been hit by the departure of its highly-rated head of structured finance and securitisation. Laurence Isaacson, who has been a partner at Fried Frank since 1997, is leaving for Ernst & Young-associated firm McKee Nelson, taking with him partner Andrew Kwok. He will join McKee Nelson on Wednesday […]

Freshfields upsets assistants with email clanger

In a damaging email blunder, Freshfields Bruckhaus Deringer has revealed limited partnership promotion prospects for associates in the London project finance department. In an emailed memo intended for project finance partners, but mistakenly sent out to assistants, the firm set out the business case for growth of the department. Sources at Freshfields said that some […]

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