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Related Special Reports
...Consultants who were assigned the AI tool were more productive than those who were not. They worked quicker and work was of a higher quality....
...Most consultants have curbed pay and bonuses and limited hiring in the wake of the slowdown in dealmaking, but Bain has avoided significant lay-offs of the kind seen among the Big Four accounting and consulting...
...Government expenditure on consultants in core departments, including the Home Office and Ministry of Defence, rose 130 per cent to £723mn between 2018-19 and 2021-22, the Financial Times previously reported...
...modelling and advisory work....
...Outside jobs that MPs would have to give up under Labour’s new regime include directorships and advisory roles working for companies....
...The former McKinsey consultant, who served as UK foreign secretary from 2010 to 2014, said he spends about half his time on his portfolio of business roles, which also includes a board seat at Intercontinental...
...Compiled by the Financial Times and Statista, the data company, it rates consultants in 16 sectors and for 14 types of specialist work. Consulting networks are also rated....
...The retailer has also closed its The Body Shop At Home service, which allowed consultants to sell products remotely, and sold its business across most of Europe and in parts of Asia to an unnamed family...
...The US Financial Industry Regulatory Authority hit two Stifel broker-dealer divisions with $2.3mn in fines and restitution over unsuitable recommendations on leveraged exchange traded products....
...And a court fight to start: A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting...
...at advisory Aviation Advocacy....
...The Sunday Times reported that Johnson is a paid consultant to Merlyn Advisors and attended the meeting with Maduro....
...Mid-level staff have been offered financial incentives to leave: nine months’ pay while they look for another job....
...For any industry to shift to a low-carbon footing, interests must be aligned in policy, financial markets and the real economy, Oppenheim argues....
...After a post-pandemic boom in demand for Britain’s consultants, 2023 was the year in which the hangover hit, as a gloomy economic environment dealt the sector a reality check....
...“Younger talent doesn’t want to take one job and work for 40 years and get a measly buyout when they’re done,” said Allan Koltin, M&A consultant to accounting firms....
...KPMG had previously launched a targeted set of job cuts aimed at 2.3 per cent of its UK consultants — 125 positions....
...“It could be worse than Brexit for financial and advisory services in London,” top private equity lawyer Neel Sachdev told the FT this week....
...A recent Financial Times callout to readers in the industry revealed anxieties about long-term opportunities in the sector....
...Whitney Fogelberg has joined C Street Advisory, a communications and strategic advisory group that specialises in distressed company and debtor representations....
...It was founded by two consultants who had become frustrated with delays to client projects because of problems with poor-quality data....
...Guy Wall, the managing director of A&M’s restructuring practice in Dubai, last month became a director of Brooge Energy Limited, a UAE oil storage company that had been plagued by financial reporting failings...
...Some are fully employed and others are self-employed consultants. Employees keep 20-40 per cent of the fees they earn, while consultants’ percentage starts at 50 per cent....
...Since the financial crisis, some issuers and shareholders have turned to separate advisory firms for counsel on their IPOs, particularly in Europe where it happens roughly 40 per cent of the time....
...This runs counter to the carnivalesque ethos of WallStreetBets in which conventional understandings of financial valuation are upended and traditional hierarchies are inverted....
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