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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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Special report: private equity

The deals may have all but disappeared, but for private equity lawyers there isstill plenty to be getting on with. The first article in this private equity special report highlights how the knowledge of private equity solicitors can be essential to clients who need assistance with major judgement calls post credit crunch. The second article […]

Durham follows Kent Council’s legal services plan

Durham County Council is considering selling legal services to external clients, joining the growing ­number of local authorities moving into ;competition ;with ­private practice law firms. The council is merging with seven district councils in the region to create the Durham Unitary Authority in April next year. The council’s legal chief, Linda Walker, has put […]

Addleshaws spends £5.5m on new building

Addleshaw Goddard‘s cash reserves dropped by £5.5m in the 2007-08 financial year as a result of taking on new London headquarters. According to the firm’s LLP accounts, Addleshaws had £11m in the bank and in hand at the end of the financial year compared with £16.5m at the end of the previous financial year. Managing […]

Shearman & Sterling promotes 11

Shearman & Sterling is the latest US firm to announce partner promotions. Property lawyer Clare Breeze and capital markets lawyer Mei Lian have been promoted in London. In total the firm has added 11 to the partnership. The firm’s international network had the bulk of promotions with a total of eight being made up, two […]

Camerons makes £4m from slumping pound

CMS Cameron McKenna has made nearly £4m from the tumbling value of the pound over the last year and a half, The Lawyer can reveal. According to financial statements for 2007-08, the firm made £2.8m in foreign exchange gains thanks to revenue from its European offices. The increasing strength of the euro, and other Eastern […]

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