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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”....
Gambling group retains long-standing auditor KPMG as EU rotation requirements do not exist for New York listed companies
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
...The Linklaters hire, which includes a team of five more Shearman lawyers, is the latest sign of intent from a magic circle firm to try to expand its US presence....
Deal with New Mountain Capital is largest to date as PE firms rush into accounting sector
...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...
...The deal was one of several recent examples of private equity firms investing in the professional services industry....
...PwC is asking audit regulators around the world to reconsider strict rules on conflicts of interest to allow it to hire more independent board members, as the Big Four accounting firm seeks to improve its...
...The Insolvency Service, which often hires professional services firms to run insolvency processes on its behalf, said last week it had fired three of its own employees in 2023 over improper sharing of information...
...Multi-managers, which include giants Izzy Englander’s Millennium and Ken Griffin’s Citadel as well as Eisler, employ teams of professionals trading a wide variety of strategies, diversifying the fund against...
...Private equity dealmakers have cast a wide net across white-collar professional partnerships in recent years....
...Recent hires in Europe include Pascal Saint-Amans, who led the OECD’s negotiation of a global minimum tax for companies, and mergers and acquisitions lawyer Steve Cooke, who will join Brunswick when he steps...
...“Eight years out, we can’t hire enough radiologists, there’s so much demand,” points out Wachter, who is also a director of the Josiah Macy Foundation, which focuses on medical education....
...The industry hires and fires with abandon to adapt cost structures to economic cycles. Not so strategy consultants....
...It has expanded into areas such as invoice financing and credit cards, and acquired a business that connects customers with professional contractors....
...Shleifer was one of Tiger’s first hires and marshalled investments into booming Chinese technology companies, including ecommerce groups such as JD.com and Ctrip.com....
...An analysis of successful candidates’ biographies, carried out by research group Leopard Solutions, found the number of diverse entry-level hires in the top 200 American firms dropped from 2,371 in 2022...
UK accounting firm reports average partner earnings down 6% after investment in staff and technology
...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...
...He runs a company that offers research, advisory services and professional development for HR teams. He’s been working in the field for 20 years....
...“During these moments, you wouldn’t want to say ‘we’re going to hire Joe Bloggs Associates that nobody’s ever heard of’....
...The roll out highlights how the professional services industry is increasingly adopting generative AI to automate tasks....
More private law firms are being drawn into government work
...Two years ago, the City’s professional services firms couldn’t hold on to their staff. Now, they can’t get rid of them....
...The cuts partially reverse hires made during a period of rapid expansion....
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