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The Legal Services Act 2007: an Act of Revolution for the Legal Profession? 1
May 2011 THE LEGAL SERVICES ACT 2007: AN ACT OF REVOLUTION FOR THE LEGAL PROFESSION? 1 Michael Zander QC FBA Emeritus Professor, London School of Economics Introduction From the 1960s, for forty or so years, I took a close interest in the affairs of the legal profession but it is now quite a number of years since I have published anything on the subject. I was therefore very pleased to be invited to give a lecture on this topic as it gave me the stimulus to try to get to grips with what has been happening as a result of the passing of the Legal Services Act. Since most of you are lawyers who have no doubt been reading about the Act and its implications for several years, it would obviously be inappropriate to go through it as if this was new legislation requiring explication. Rather I thought it might be of interest to attempt to take some measure of its significance, both in terms of the historical perspective and looking forward. Before doing so, I should say something about my own stance in regard to the broad topic ‘reform of the legal profession’. This was the issue that first drew me to an academic career. When I left Cambridge in 1957, my intention had been to go to the Bar. But after a postgraduate year at Harvard Law School, I spent a year with the great Wall Street law firm of Sullivan & Cromwell. That experience changed everything. First, it led me to decide that the work I wanted to do was corporate law with a firm of City solicitors. -
Bar Review July 2006 Design: the Design Room T: 497 9022 Cover Illustration: Brian Gallagher T: 497 3389 E: [email protected] W
The BarJournal of the Bar Reviewof Ireland .Volume 12 . Issue 4 . July 2006 • Environmental Impact Assessments and recent EU law • The Haran Report on Legal Costs • Eurofood and EU Insolvency regulation BarThe Review Volume 11,Issue 4, July 2006, ISSN 1339 - 3426 Contents 106 News 107 The Haran Report on Legal Costs Editorial Correspondence to: Colm O’Dwyer BL Eilis Brennan BL, The Editor, 111 Eurofood IFSC Limited: Judicial Clarification of Insolvency Bar Review, Regulation 1346/2000 Law Library, Glen Gibbons BL Four Courts, Dublin 7 Mark O’Riordan BL DX 813154 Telephone: 353-1-817 5505 Fax: 353-1-872 0455 e-mail: [email protected] 117 Legal Update: A Guide to Legal Developments from Editor: Eilis Brennan BL 4th May, 2006 to 23rd June, 2006. Editorial Board: Paul Gallagher SC 129 Development Consents and the EIA Directive (Chairman, Editorial Board) Garrett Simons BL Gerry Durcan SC Mary O’Toole SC 133 Misuse of Drugs provisions in the Criminal Justice Bill Patrick Dillon Malone BL Conor Dignam BL Gerard Murphy B.L. Adele Murphy BL 136 Lawyers in Afghanistan Brian Kennedy BL Vincent Browne BL Jeanne McDonagh Mark O’Connell BL Paul A. McDermott BL 137 The Constitution and Marriage; The Scope of Protection Tom O’Malley BL John Eardly BL Patrick Leonard BL Paul McCarthy BL Des Mulhere The Bar Review is published by Thomson Round Hall in association with The Bar Council of Ireland. Jeanne McDonagh For all subscription queries contact: Jerry Carroll Thomson Round Hall Consultant Editors 43 Fitzwilliam Place, Dublin 2 Dermot Gleeson SC Telephone: + 353 1 662 5301 Fax: + 353 1 662 5302 Patrick MacEntee SC Email: [email protected] web: www.roundhall.ie Thomas McCann SC Subscriptions: January 2006 to December 2006 - 6 issues Eoghan Fitzsimons SC Annual Subscription: E195.00 Donal O’Donnell SC E Annual Subscription + Bound Volume Service 300.00 Garrett Cooney SC For all advertising queries contact: Pat Hanratty SC Tom Clark, Direct line: 44 20 7393 7835 E-Mail: [email protected] James O’Reilly SC Directories Unit. -
Dictionary of Insolvency Terms in EU Member States DICTIONARY of INSOLVENCY TERMS in EU MEMBER STATES
Dictionary of Insolvency Terms in EU Member States DICTIONARY OF INSOLVENCY TERMS IN EU MEMBER STATES Contents Introduction......................................................................3 Lithuania.........................................................................97 Austria...............................................................................4 Luxembourg..................................................................104 Belgium..............................................................................9 Malta..............................................................................111 Bulgaria...........................................................................14 Netherlands..................................................................120 Croatia.............................................................................19 Poland............................................................................125 Cyprus..............................................................................26 Portugal.........................................................................135 Czech Republic................................................................33 Romania........................................................................141 Denmark..........................................................................38 Slovakia.........................................................................147 Estonia.............................................................................42 Slovenia.........................................................................152 -
Will Advocates and Judges Be Replaced by Computer-Based Services in the Future?
Will advocates and judges be replaced by computer-based services in the future? George Johnson Law Prize 2016 Alexander John Armstrong Articled Clerk June 2016 Contents Executive Summary ...............................................................................................................3 Introduction ............................................................................................................................4 What do we mean by ‘computer-based services’? ..................................................................6 The presence of technology in the legal industry today ..........................................................8 Document Review ..............................................................................................................8 Document Preparation ........................................................................................................9 Legal Research ................................................................................................................ 10 Interpersonal skills and Communication ........................................................................... 10 Beyond just technology .................................................................................................... 11 The Future of Technology in the Legal Industry .................................................................... 13 Future challenges facing law firms .................................................................................... 13 The biggest threat -
Download Bar Review Volume 21
THE BAR Volume 21 Number 2 REVIEWJournal of The Bar of Ireland April 2016 Unlawful detention CONTENTS The Bar Review The Bar of Ireland Distillery Building 145-151 Church Street Dublin DO7 WDX8 Direct: +353 (0)1 817 5166 Fax: +353 (0)1 817 5150 Email: [email protected] Web: www.lawlibrary.ie EDITORIAL BOARD 45 Editor Eilis Brennan BL Eileen Barrington SC 66 Gerard Durcan SC Eoghan Fitzsimons SC Niamh Hyland SC Brian Kennedy SC Patrick Leonard SC Paul Anthony McDermott SC Sara Moorhead SC Brian R Murray SC James O'Reilly SC Mary O'Toole SC Mark Sanfey SC 56 Claire Bruton BL Diane Duggan BL Claire Hogan BL Grainne Larkin BL Mark O'Connell BL Thomas O'Malley BL Ciara Murphy, Director Shirley Coulter, Director, Comms and Policy Vanessa Curley, Law Library Deirdre Lambe, Law Library Rose Fisher, PA to the Director Tom Cullen, Publisher Paul O'Grady, Publisher PUBLISHERS Published on behalf of The Bar of Ireland 54 59 48 by Think Media Ltd Editorial: Ann-Marie Hardiman Paul O’Grady Colm Quinn Message from the Chairman 44 Interview 56 Design: Tony Byrne Tom Cullen Moving on Ruth O’Sullivan Editor's note 45 Niamh Short Advertising: Paul O’Grady Law in practice 59 News 45 Commercial matters and news items relating Damages for unlawful judicial jailing 59 to The Bar Review should be addressed to: Launch of Bar of Ireland 1916 exhibition Controlling the market 62 Paul O’Grady Bar of Ireland Transition Year Programme The Bar Review Report from The Bar of Ireland Annual Conference 2016 The Battle of the Four Courts, 1916 66 Think Media Ltd The -
Repudiation and Disclaimer of Leases in Examinership and Liquidation
Repudiation and Disclaimer of Leases in Examinership and Liquidation REPUDIATION AND DISCLAIMER OF LEASES IN EXAMINERSHIP AND LIQUIDATION Introduction The recent unprecedented economic downturn has resulted in many companies suffering substantial loss of business revenue due to a lack of demand for their products and services. Although companies have been faced with a reduction in their revenues, there has been no corresponding reduction in their overheads including the payment of rent which for many companies is a significant cost. A substantial amount of companies operate their businesses from properties which are held under lease. Most of these leases were negotiated prior to the downturn when rents were inflated. They contain upwards only rent review clauses with a limited option to break, usually subject to the payment of a penalty. It has become apparent that onerous covenants in leases coupled with high rents are playing a substantial role in the financial hardship of companies leading in many cases to insolvency. The recession has resulted in a dramatic surge in the number of companies seeking to appoint an examiner where they are considered to have a reasonable prospect of survival. The large volume of examinerships and liquidations has required both examiners and liquidators to address and resolve one of the key causes of insolvency, namely onerous leases with overinflated rents. This article proposes to outline the legislation governing the repudiation and disclaimer of leases in an examinership and in a liquidation and the interpretation and clarification of such legislation as a result of various cases. Examinership Examinership is generally construed as a positive option for a company suffering financial hardship which has a reasonable prospect of survival if restructured. -
Liquidators, Receivers and Examiners Their Duties and Powers
Liquidators, Receivers and Examiners Their duties and powers A quick guide Introduction We have produced this information booklet to explain the powers, duties and responsibilities of liquidators, receivers and examiners under the Companies Acts. What are liquidations, receiverships and examinerships? The liquidation of a company is also known as ‘winding up’ a company. The process takes the company out of existence in an orderly way by paying debts from any available assets. Receivership is used by banks or other lenders to sell a company asset that was promised to them if the company failed to repay its loan as agreed. Examinership is a process that protects a company from its creditors (the people to whom it owes money) while efforts are being made to keep it running as a going concern. What are liquidators, receivers and examiners? A liquidator is the person who winds up a company. A receiver is the person who sells particular company assets on behalf of a lender. Where a loan is secured on a company’s entire business, a ‘receiver manager’ can be appointed as manager of the business during the receivership. Once a receiver raises enough money to pay back the debt, their job is finished. Liquidators, Receivers and Examiners Their duties and powers Examiners consider if a company can be saved and, if it can, they prepare the rescue plan. Who can act as liquidators, receivers or examiners? Liquidators, receivers and examiners do not need to have any specific qualifications under the law. However, they are usually practising accountants. To make sure that liquidators, receivers and examiners work independently of the company, they cannot be: • a director or employee of the company; or • a family member, partner or employee of a director. -
Brexit: a Unique Irish Opportunity for Cross-Border Restructuring? 14.02.2019
briefing Brexit: a Unique Irish Opportunity for Cross-Border Restructuring? 14.02.2019 Certainty is a key element in any business planning. For corporate restructuring practitioners who are planning or working on cross border transactions, the uncertainty relating to Brexit and the departure of the United Kingdom from the European Union (“EU”) may have long-term significant consequences and a “no-deal” Brexit (without a withdrawal agreement and the certainty of a transition period) will have immediate and significant consequences for any such cross-border transaction. In this context, Irish law and the Irish Courts can provide practical and effective solutions to assist corporates (and their advisors) restructure their business and affairs in a straight-forward and easily understood manner. It is also an opportunity for the Irish legal system to demonstrate its value to international practitioners. This opportunity was also recognised in a recent proposal document to the Irish Government produced by the Law Society of Ireland and the Bar Council of Ireland entitled “Promoting Ireland as a leading centre globally for international legal services” (the “Report”). In the context of the UK’s exit from the EU, the Report states that “we foresee a meaningful role for Irish law in certain areas and industry sectors allied with the provision of a greater range of legal services in Ireland for the benefit of international and Irish business. In a number of sectors, we believe that Ireland as a location and the Irish law and the Irish Courts are and can be advantageous contractual choices for international clients (now or in the future)”. -
Barriers to the Legal Profession
Barriers to the legal profession Rosaline Sullivan July 2010 1 Introduction “Increasingly, children‟s success at school determines their success as adults, determining whether and where they go to college (university), what profession they enter, and how much they are paid” (Buckham and Lee, 2002). The provision of legal services at the highest levels and in the most prestigious firms is dominated by white, male lawyers from the highest socio-economic groups. Our belief is that such an outcome does not occur as a result of overt discrimination but instead barriers to entry and progression occur over the lifetime of individuals seeking a career in law from initial education, to training, to gaining experience within a law firm. This paper explores each stage that an individual follows in pursuing a career in law and the evidence that can help explain the socio-economic characteristics of lawyers we see in England and Wales. Overall purpose of research The Legal Services Board (LSB) has been formed to reform and modernise the regulation of the legal services market place in the interests of consumers. One focus of the LSB‟s first year was on “promoting access to a diverse profession”. In 2010/11 the LSB extends this area of focus to “developing a workforce for a changing market”, enabling us to consider more widely what consumers and procurers of legal services need, want and should be able to expect from the legal workforce. Promoting a legal workforce that is open to the widest pool of talent is recognised across the sector and government as a priority area. -
Irish Examinership: Post-Eircom a Look at Ireland's Fastest and Largest
A look at Ireland’s fastest and largest restructuring through examinership and the implications for the process Irish examinership: post-eircom A look at Ireland’s fastest and largest restructuring through examinership and the implications for the process* David Baxter Tanya Sheridan A&L Goodbody, Dublin A&L Goodbody [email protected] The Irish telecommunications company eircom recently successfully concluded its restructuring through the Irish examinership process. This examinership is both the largest in terms of the overall quantum of debt that was restructured and also the largest successful restructuring through examinership in Ireland to date. The speed with which the restructuring of this strategically important company was concluded was due in large part to the degree of pre-negotiation between the company and its lenders before the process commenced. The eircom examinership demonstrated the degree to which an element of pre-negotiation can compliment the process. The advantages of the process, having been highlighted through the eircom examinership, might attract distressed companies from other EU jurisdictions to undertake a COMI shift to Ireland in order to avail of this process. he eircom examinership was notable for both the Irish High Court just 54 days after the companies Tsize of this debt restructuring and the speed in entered examinership. which the process was successfully concluded. In all, This restructuring also demonstrates the advantages €1.4bn of a total debt of approximately €4bn was of examinership as a ‘one-stop shop’: a flexible process written off the balance sheets of the eircom operating that allows for both the write-off of debt and the change companies. -
Summary Rescue Process”
COMPANY LAW REVIEW GROUP REPORT ADVISING ON A LEGAL STRUCTURE FOR THE RESCUE OF SMALL COMPANIES 22 OCTOBER 2020 1 | P a g e Contents Chairperson’s Letter to the Minister for Business, Enterprise and Innovation 4 1. Introduction to the Report 5 1.1. The Company Law Review Group ................................................................... 5 1.2 The Role of the CLRG ...................................................................................... 5 1.3 Policy Development........................................................................................ 5 1.4 Contact information ....................................................................................... 5 2. The Company Law Review Group Membership…………………………………………….….6 2.1 Membership of the Company Law Review Group ............................................ 6 3. The Work Programme ............................................................................................. 8 3.1 Introduction to the Work Programme ............................................................ 8 3.2 Company Law Review Group Work Programme 2018-2020 .............................. 8 3.3 Additional item to the Work Programme ........................................................ 9 3.4 Decision making process of the Company Law Review Group……………… ... ……..9 3.5 Committees of the Company Law Review Group ..... ….………………………………..…9 4. A Rescue Plan for SMEs ............................................................................................... 10 4.1 Introduction ................................................................................................ -
Bar Review April 01 25.04
The BarJournal of the Bar of IrelandReview .Volume 10 . Issue 6 .December 2005 • A Comment on the Maritime Safety Act, 2005 • Barristers and Immunity from Suit • Delay in Sexual Offence Cases BarThe Review Volume 10,Issue 6, December 2005, ISSN 1339 - 3426 Contents 182 You Be the Judge Part II Jennifer Carroll Editorial Correspondence to: Eilis Brennan BL, 189 A Comment on the Maritime Safety Act, 2005. The Editor, Glen Gibbons BL Bar Review, Law Library, Four Courts, Dublin 7 193 Legal Update: DX 813154 A Guide to Legal Developments from Telephone: 353-1-817 5505 Fax: 353-1-872 0455 10th October 2005 up to 22nd November 2005. e-mail: [email protected] Editor: Eilis Brennan BL 209 A Bar to Recovery? Barristers, Public Policy, and Immunity from Suit Editorial Board: Paul Gallagher SC Ray Ryan BL and Des Ryan (Chairman, Editorial Board) 214 Clarifying The Law On Delayed Prosecutions For Sexual Offences Gerry Durcan SC Brian Conroy BL Mary O’Toole SC Patrick Dillon Malone BL 218 The Central Criminal Court - The Limerick Experience Conor Dignam BL Adele Murphy BL The Honourable Mr. Justice Paul Carney Brian Kennedy BL Vincent Browne BL Mark O’Connell BL Paul A. McDermott BL Tom O’Malley BL Patrick Leonard BL Paul McCarthy BL Des Mulhere The Bar Review is published by Thomson Round Hall in association with The Bar Council of Ireland. Jeanne McDonagh For all subscription queries contact: Jerry Carroll Thomson Round Hall Consultant Editors 43 Fitzwilliam Place, Dublin 2 Dermot Gleeson SC Telephone: + 353 1 662 5301 Fax: + 353 1 662 5302 Patrick MacEntee SC Email: [email protected] web: www.roundhall.ie Thomas McCann SC Subscriptions: January 2005 to December 2005 - 6 issues Eoghan Fitzsimons SC Annual Subscription: E188.00 Donal O’Donnell SC Annual Subscription + Bound Volume Service E288.00 Garrett Cooney SC Pat Hanratty SC For all advertising queries contact: Directories Unit.