Weil boosts Paris finance with senior A&O hire

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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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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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