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We examine how senior in-house lawyers are adapting to new business needs in a monthly series. This time: ethical dilemmas
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
...EY declined to comment on the collection or use of swipe card data....
...Should the professional service firm be sentenced to pay damages to Wirecard shareholders, it could shift its existing audit business into the new entity and declare the old one insolvent, he warned....
...He has run the business in Europe, the Middle East and Africa for the past six years, doubling its revenue over the period....
...The decision highlights how Britain’s professional services industry is grappling with tighter rules concerning the hiring of overseas workers....
...The approach underlines private equity interest in the sector and comes after several firms made investments in professional services businesses in the US and Europe....
...The succession comes at a turbulent time for the professional services sector....
...In the fourth quarter of 2023, Chemours improperly pulled forward collections of recorded sales — known as accounts receivables — as well as delayed disbursements to its vendors — known as accounts payable...
...“A lot of callers feel like we should be a fourth emergency service,” Sarah said....
...We welcome the Labour party’s — or indeed any party’s — plan to smash the UK’s “class ceiling” (“It doesn’t pay to be a working-class professional”, Business Life, April 8)....
...Home Depot has struck one of its biggest-ever deals to acquire speciality building products supplier SRS Distribution in a move that could boost its faster-growing professional services business....
...“We are in a new era of realising that these partnerships have attractive alternatives,” said Peter Munzig, a partner at TPG, one of the most active dealmakers in professional services....
...Teneo is also involved in executive succession and has a restructuring business. It follows a broader trend in professional services....
...Linklaters referred to previous statements regarding its investigations, saying it had complied with professional obligations....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...DBRS’s report also contains this wonderful description of Sotheby’s Financial Services’ collection strategy if any deadbeat art collectors fall behind on their payments: SFS employs a strategy for collections...
...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...
...The company has started to dismantle its unwieldy collection of underperforming telecoms operations in troubled markets....
...BlackRock has appointed BNY Mellon as an additional custodian for €673bn Dublin-domiciled iShares exchange traded funds, splitting custody for the business between two post-trade service providers....
...The powerful Cyber Administration of China has raised concerns about Tesla’s data collection in the past....
...Avid Bioservices, a small-cap company that helps develop and manufacture drugs for pharmaceutical companies, filed this with the SEC yesterday: On February 29, 2024, Avid Bioservices, Inc....
...But there is sometimes tension between serving the business and acting in the public’s interest....
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