Will the king be usurped?

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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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The Firm

Henderson: You know, I’ve been thinking about The Firm’s image. To an outsider, we must come across as absurd caricatures, so for once I’ve decided we should do things properly, act with a bit of class. For example, this ABA conference. We should show our US cousins the rich history of The Firm. Pratchard: Hence […]

BP Amoco matches City firms’ salaries

BP Amoco’s in-house legal department is entering the bidding war for lawyers by reviewing its pay structure to bring it in line with City rates. BP Amoco group general counsel Peter Bevan has commissioned a report to review rates of pay for lawyers from newly-qualified associates up to partner level. He says: “If you take […]

Simpson Thacher hires two partners from Shearmans

Shearman & Sterling‘s Silicon Valley expansion plans have suffered a setback with two of the firm’s top partners leaving for Simpson Thacher & Bartlett. William Hinman, who was Shearmans’ managing partner in San Francisco and Menlo Park, and business finance partner Kevin Kennedy are leaving for the rival New York firm. Shearmans has significantly increased […]

The policy for bar mergers

I refer to the 17 July article on page three about the Bar Council’s “Barmark” mergers policy. I am writing to clarify our policy: 1. If chambers are proposing to merge, this should be made clear in their business plan and to BSI on the validation visit. Provisions should be made as to how the […]

Gainfully employed

Previously the domain of the female lawyer, employment law was sneered at by corporate lawyers and ignored by City firms. Mark Brandon reports on the change and highlights the sector’s most prominent lawyers and law firms Fraser Younson: moved from Baker & McKenzie to McDermott Will & Emery Just a few years ago, employment law […]

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