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EY
German watchdog finds EY’s Wirecard audits grossly negligent
...the firm’s internal discussions....
April 16, 2024
Grant Thornton LLP
Grant Thornton retirees escalate revolt over private equity deal
...A group of former partners has hired the law firms Brown Rudnick and Sweeney, Scharkey & Blanchard to represent them, according to people familiar with the matter, after being dissatisfied with an improved...
April 11, 2024
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
Wirecard AG
Wirecard shareholders sue EY over alleged asset stripping in Germany
...“abuse of law”....
April 8, 2024
Hong Kong politics
Latham & Watkins cuts off its Hong Kong lawyers from international databases
...US law firm Latham & Watkins is cutting off automatic access to its international databases for its Hong Kong-based lawyers, in a sign of how Beijing’s closer control of the territory is forcing global firms...
February 13, 2024
Workplace diversity & equality
Biggest US law firms hired fewer diverse candidates amid DEI backlash
...A report on diversity within law firms published in January by the National Association for Law Placement also found that the percentage of people of colour represented among summer associates decreased...
March 7, 2024
Chinese business & finance
China’s ‘red circle’ law firms rush to tap other markets
...Han Kun Law Offices opened a New York outpost in December, just months after setting up a Singapore office....
April 18, 2024
FT Live
Innovative Lawyers Summit
Guiding business in a new global age
Wednesday, 11 SeptemberLondon, UK
Artificial intelligence
New York judge rebukes law firm for using ChatGPT to justify its fees
...A New York judge has scolded a law firm for citing ChatGPT to support its application for “excessive” attorneys’ fees of up to $600 an hour....
February 22, 2024
US financial regulation
Ban on non-compete agreements sends shockwave across Wall Street
...“The breadth of the rule, if it becomes effective, will impact a lot of workers at a lot of levels all across Wall Street,” said Kathryn Mims, a partner focusing on global antitrust and competition at law...
April 26, 2024
War in Ukraine
EU companies grapple with expiry of Russia sanctions carve-out
...David Lorello, partner at law firm Covington & Burling said regulators and companies could instead be focusing on countering Russian strategies to acquire restricted goods and conceal sanctioned assets....
April 23, 2024
McKinsey
McKinsey faces US criminal investigation over opioid industry work
...McKinsey is facing a criminal investigation in the US over its work for opioid manufacturers, piling new pressure on a firm that has paid almost $1bn to settle civil claims that its advice fed an epidemic...
April 24, 2024
Pilita Clark
It doesn’t pay to be a working-class professional
...The firm measured class by checking what an employee’s highest earning parent did for a living, a method used by PwC, the Slaughter and May law firm and other groups tackling social class diversity....
April 7, 2024
Legal services
FT Europe Innovative Lawyers 2024 open for submissions
...It could include the ways law firms are developing new skills and subject-matter expertise, new pay and reward models, or how the firm is leveraging a wider range of professional capabilities....
February 12, 2024
King & Spalding LLP
England’s former director of public prosecutions joins US law firm
...Max Hill KC, the former director of public prosecutions for England and Wales, has joined US law firm King & Spalding in London, adding to a growing number of ex-state prosecutors to have moved into private...
February 5, 2024
Legal services
US law firms hand out bonuses and raise pay despite slowdown
...US law firms are ending 2023 with pay rises and bonuses as they try to compete with rivals in spite of a slump in demand, though some lawyers face a cut to payouts if they break office attendance rules....
December 31, 2023
Special ReportBusiness Legal Leaders
Post Office scandal exposes ethical dilemmas of general counsel
...Richard Moorhead, a professor of law and professional ethics at the University of Exeter, says matters should be reported “up the ladder” and that general counsel need to act as a “moral compass” within...
April 23, 2024
FT Live
Innovative Lawyers Awards Europe
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 12 SeptemberLondon, UK
Special ReportNorth America Innovative Lawyers
Law firms feel chill from affirmative action ruling
...The New York Bar Association has launched a task force to advance diversity in law firms....
December 5, 2023
Personal Finance
Solicitors urged to reinforce cyber security after UK house purchases derailed
...Law firms are encouraged to have such contingency plans. Rudolf said her association advised members to follow protocols to help protect them against cyber attacks....
January 5, 2024
EY
EY drops appeal against German sanctions over Wirecard audits
...EY has abandoned an appeal against unprecedented penalties imposed following its audits of fraudulent payments company Wirecard, as the Big Four firm seeks to draw a line under years of crisis in Germany...
March 26, 2024
Berkshire Hathaway Inc
Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Cohen Milstein, a law firm for the plaintiffs, said the settlement resolved claims against HomeServices, but does not release Berkshire Hathaway from claims or liabilities....
April 26, 2024
Special ReportUK’s Leading Management Consultants
UK’s Leading Management Consultants 2024: the ratings
...To update the longlist, Statista used recommendations from previous years and these sources: lists from associations (eg Management Consultancies Association); consulting directories (eg Consultingcase101...
February 29, 2024
Management consulting
UK consulting market to flatline as clients cut spending, study finds
...Consultancies advise businesses across a range of issues, acquisitions, technology and ESG. Below the Big Four, there are a group of mid-sized firms that include Grant Thornton and Oliver Wyman....
March 18, 2024
Anjli Raval
Beware the rise of the everything adviser
...Even the law firm Schillings has a public relations arm. What’s behind the endless creep?...
March 25, 2024
Management consulting
Former Tory leader William Hague joins corporate intelligence group Hakluyt
...“magic circle” law firm Linklaters....
April 18, 2024
Special ReportNorth America Innovative Lawyers
Top legal practitioners who lead in their fields
...The association has successfully lobbied in many states for laws allowing autonomous vehicles and for the California governor to veto a bill that would have banned self-driving trucks from being driven without...
December 5, 2023
Private equity
Sports investor Arctos to focus on N America after raising $4.1bn fund
...Dallas-based Arctos is one of a small group of professional investors that have been pouring money into sports in recent years....
April 20, 2024

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