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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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David Pester
1

TLT prepares for cash call in response to HMRC national insurance crackdown

TLT is expected to be amongst the first group of firms to issue a cash call to fixed-share partners (FSP) in response to HM Revenue & Customs’ (HMRC) changes to partnership taxation. In a move that is expected to become indicative of a growing trend across the profession, the firm has requested that each FSP, […]

Education update: charging for school activities

Schools (including academies) are restricted by law on what they can and cannot charge for. They cannot charge for education provided during school hours, but they can charge for ‘optional extras’ such as residential visits. The Department for Education has issued new advice reminding schools of what they are (and aren’t) entitled to charge for, and how to go about […]

Environment Agency system to ease burden in waste transfers

The Environment Agency has launched its electronic duty of care (Edoc) system, developed as part of the government’s ‘Red Tape Challenge’ to review and streamline more than 21,000 statutory instruments. The system is key to simplifying and reducing the burden faced under environmental regulation. Edoc was unveiled on 29 January 2014 by the Environment Agency, […]

Europe’s climate and energy targets for 2030 announced

On 22 January 2014, the European Commission published the European Union’s ‘2030 Framework for Climate and Energy’, setting out targets for greenhouse gas emissions, renewable energy and energy efficiency. The proposals will now be discussed by member states, the European Parliament and the European Council. On 5 February 2014, the European Parliament voted for stronger targets than […]

Norton Rose Fulbright

Norton Rose Fulbright debt plummets after cash increase

Norton Rose Fulbright reduced its net debt by 72 per cent last year, the firm’s LLP accounts have shown, with a 119 per cent increase in cash negating a rise in bank borrowings. The accounts show that at the end of the last financial year Norton Rose Fulbright held £47.8m in cash in hand and […]

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