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...The retirees’ decision to hire lawyers represents an escalation of the fight, even though individuals on both sides continue to describe talks as “productive” or “professional”....
...Grant Thornton’s retired US partners are demanding a greater share of the spoils from its sale of a majority stake to private equity, after accusing the accounting firm’s management of short-changing them...
...The US arm of accounting firm Grant Thornton has agreed to sell a majority stake to the investment group New Mountain Capital, in the largest of a wave of private equity deals that are reshaping the sector...
...It said in February that it was planning to hold the first hearing of the class action lawsuits this autumn....
...H&F’s investment also underscores the growing interest of private equity in professional services firms, and represents a return to large-scale dealmaking in the US accounting sector after a hiatus caused...
...Over two days of hearings starting on Tuesday, the Kazakov side’s counsel said they were aware of 56 documents that were confidential, privileged or likely deemed privileged and that had been handled by...
...A hearing is scheduled for later this month....
...“Jane Street has certainly identified smoke, but it has not established a fire,” Engelmayer said during a court hearing....
...Private equity is accelerating its pursuit of consultancies, talent agencies and accounting firms, as it targets professional partnerships in one of the buyout industry’s last unconquered territories....
...Boeing: The US Senate’s permanent subcommittee on investigations will hold a hearing about Boeing’s “broken safety culture”, with Boeing whistleblowers as witnesses....
...The UK business of professional services firm KPMG revealed this in a groundbreaking analysis of the career paths of 16,500 of its partners and employees it published just over a year ago....
...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....
...Which is to say, an active professional athlete who is allegedly in cahoots with major bettors — and willing to log fewer minutes in service of their punts — is the worst possible outcome for leagues today...
...It comes on top of the 800 redundancies Deloitte announced in September — later reduced to about 700 — as professional services firms contend with slowing demand from clients and rising costs amid a tougher...
...The adoption of AI comes at a time when professional services firms are seeking to reduce costs amid a slowdown in demand for some of their services in a difficult economic environment....
...“We’ve launched the biggest ever judicial recruitment drive for district judges, are digitising court processes and holding more remote hearings and increasing the use of mediation,” it added....
...The next step should be for the New York State Senate finance committee to announce hearings on the proposed laws....
...Today’s big read Two years on from the Great Resignation, when a roaring jobs market and the effects of the pandemic encouraged swaths of the workforce to switch employers, attrition in the professional...
...committee is investigating how Saudi Arabia is using “soft power” such as sports investments to extend its influence in the US, and lawmakers assailed the consulting groups for their work in the kingdom at a hearing...
...It has expanded into areas such as invoice financing and credit cards, and acquired a business that connects customers with professional contractors....
...Richard Colbeck, a senator for the Liberal party, told the hearing that the politicians were “deadly serious” about extracting the report....
...“Unless the government of the United States of America and the secretary of state provide satisfactory assurances in respect of those grounds, the court will grant leave to appeal.”...
...“Today’s hearing itself has lasted some 30 minutes in total, including the delivery of our oral judgment,” Carr said as the court overturned the conviction of a former Post Office employee....
...The deal was one of several recent examples of private equity firms investing in the professional services industry....
...If liability is established, a hearing to determine the size of possible damages could take place as early as October 2026, the judge ruled on Thursday....
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