Weil boosts Paris finance with senior A&O hire

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Latest Briefings

Interrogatories – questions and answers time

Both legal practitioners and the general public alike are very much aware that litigation can be a time consuming and costly exercise, particularly in light of the lengthy delays for the hearing of trials and the subsequent length of time many trials run for. One particular tool favoured by the courts as a way to […]

No novation is not ideal

In M Hart Construction Ltd & Anor v Ideal Response Group Ltd [2018] the court refused to enforce two adjudicators’ decisions on the basis that there was no contract between the parties. There had not been an effective novation from an original contracting party.  The adjudicators therefore did not have jurisdiction to determine the disputes. Another […]

Trade associations call for company voluntary arrangement reforms

Reforms are needed to the current company voluntary arrangement (CVA) process, according to both R3 and the British Property Federation (BPF). R3 (the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals) has published a research report recommending a number of reforms to improve the effectiveness and reputation of CVAs. These include: Capping […]

How the courts are interpreting long-term maintenance contracts

By Ian Yule The Private Finance Initiative (PFI) may be past its peak, but various cases have come to court in the past few years involving long-term maintenance contracts, including PFIs. Three cases in particular are worth noting. They have featured issues such as whether terms should be implied about co-operation, how good faith clauses […]

Recommended

New Virgin Group GC to review panel

Virgin Group is in the throes of a full-scale review of its external legal advisers. The group has invited all of its existing panel firms to participate in the review. Virgin has also invited one City firm and three smaller firms with which it currently does not have relationships to pitch for panel places. The […]

Hot food and cold women

One would think that associate pay and the retention of fee-earners would be among the most pressing issues facing managing partners of UK firms at the moment. Apparently not. During a recent meeting of six of the City’s leading managing partners, the two hottest topics of conversation were the quality of in-house catering and what to do about […]

DLA Piper opens in Beijing with Coudert crew

DLA Piper Rudnick Gray Cary is finally open for business in Beijing after the Chinese Ministry of Justice approved its licence application. The granting of the licence follows DLA Piper’s plundering of the Beijing practice of Coudert Brothers earlier this year. The team from Coudert included China practice managing partner Jingzhou Tao, who will head […]

Cravath sets static bonus trend

Cravath, Swaine & Moore has set the tone for year-end bonuses in the US,awarding associates unchanged figures between $30,000 and $60,000. Senior associates at the Wall Street heavyweight will take home $60,000 whenthe bonuses are paid on 16 December, equal to last year’s maximum associate bonus. First-year associates will meanwhile receive $30,000. This is in […]

Queen’s wench

The Herbert Smith press party the other day provided a chance to meet up with the great and the good of the City firm. One of the hot topics of the night was Herbies’ imminent partnership retreat. But instead of looking forward to a few days out of the office, most partners were cursing the […]

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