Wragge & Co to make 30 lay-offs

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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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One for all

Calls for a merger of the Chancery Division and the Commercial Court have right – and the interests of litigants – on their side, says Lawrence Cohen QC The Chancery Division moving into a business court is a one-way street leading to the inevitable conclusion that there ought to be a merger of commercial and […]

Higgs & Sons

Position: 181 =%Firm: Higgs & Sons Turnover: … Position: 181 =%Firm: Higgs & Sons Turnover: £8.4mRevenue per fee-earner: £133KRevenue per lawyer: £165KRevenue per partner: £350KTotal number of fee-earners: 63Total number of qualified partners: 51Total number of partners: 24Total number of female partners: 5Total number of staff: 145

North west

Like elsewhere in the country, a buoyant first half helped North West firms ride out the economic slowdown during the past six months. The biggest five firms grew on average by 6 per cent over the period. However, profitability took more of a hit. DWF, Halliwells and Hill Dickinson either slumped or barely grew at […]

International insolvencies: new thinking required

Lehman, AIG, Merrill Lynch, HBOS and, we are told, more to come. The recent acceleration of turmoil in international financial markets is a familiar, yet no less unsettling headline by now. Less reported, however, are the potential strains on insolvency systems around the world. The US bankruptcy filing of Lehman Brothers Holdings and the UK […]

Silver Circle: trouble ahead?

While the magic circle has won some mega-instructions from Wall Street’s woes, there is not much good news for the smaller elite firms in the Silver Circle. Other than a flurry of work advising clients on deals or investments connected to Lehman, the bank’s collapse looks set to be more bad news firms like Macfarlanes […]

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