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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 […]

Recommended

City Disputes Panel under fire over Barings settlement

Barings bondholders are set to receive a pay-off of £190m under a settlement plan unveiled last week but one lawyer described the two-year conciliation process which brought it about as a “shambles”. If approved by bondholders, the settlement hammered out by the City Disputes Panel (CDP), which was asked by the Barings liquidators to conciliate […]

MDPs do not hold a quick fix for firms

Clive Parritt believes the advantages behind multidisciplinary practices are only short-term and will result in nothing more than a hike in consumer charges for less specialised advice. Clive Parritt is chairman of accountancy firm Baker Tilly. The notion of solicitors and accountants practising together and sharing profits, offices and management continues to enthral the media. […]

Booker exit prompts CC to bolster unit

Who would have thought that the Post Office, once a byword for bureaucracy, would be at the forefront of a new drive by large companies to get the most out of their external lawyers? But with the recent announcement of swingeing cuts to its panel of law firms reduced from 40 to just four the […]

Local authorities gear up for new tendering regime

Uncertainties surround the introduction of the “best value’ replacement for compulsory competitive tendering. Some local government lawyers are, however, coming to grips with the issues, writes Guy Campos. Guy Campos is a freelance journalist. In December 1997, the London Borough of Camden learned that its pilot scheme to replace compulsory competitive tendering (CCT) with a […]

OSS admits to substandard service as complaints surge

THE 18-month-old Office for Supervision of Solicitors (OSS) which was supposed to restore confidence in the profession’s ability to regulate itself is privately admitting to disgruntled complainants that it is providing a sub-standard service. Despite confident proclamations from the Law Society that the OSS is getting to grips with complaints handling, The Lawyer has learned […]

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