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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

Ashurst’s Forschbach leaves for Latham & Watkins

Ashurst has been dealt a blow after losing highly-rated Parisian corporate rainmaker Thomas Forschbach to Latham & Watkins. It is understood that Forschbach’s departure was announced internally earlier this week, though it is not known if an exit date has been set. Corporate and private equity specialist Forschbach is one of Ashurst’s biggest billers and […]

I wish I was a lawyer

Sometimes, not all the time, but just sometimes, I wish I was a lawyer. It’s not just for the work and it’s not just for the status – sometimes I’d like to be a lawyer simply because most of them make absolute shovel-loads of money. More specifically, being a US lawyer seems to be the […]

Risk managers become popular choice for firms

Half of the UK’s top 20 firms have responded to growing threats of negligence claims by appointing full-time risk managers. Research conducted by The Lawyer reveals that dedicated risk managers are now in place at 50 per cent of the top 20 firms, with 65 per cent now operating risk management committees. Fee-earning partners act […]

Freshfields counts cost of commercial conflicts as German talent walks

Rated Freshfields Bruckhaus Deringer telecoms partner Raimund Schutz has blamed his departure on the effect that conflict issues and high leverage ratios have on his ability to serve his clients. Schutz, who has quit for 10-partner German independent Loschelder, told The Lawyer: “I’m not speaking of legal conflicts, it’s a commercial thing. Clients don’t like […]

Pay mates

Oh, pity the poor souls at Lawrence Graham. During a recent meeting, several of the firm’s long-suffering partners were heard to bemoan their remuneration of £300,000 and upwards. Rather than complaining of a lack of funds, the sensitive souls were actually debating the burden of not being able to reveal the size of their pay […]

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