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Deloitte LLP
Deloitte to cut 1,200 jobs in the US
...In a survey of speciality consultants by the investment bank William Blair this month, only one-third of M&A advisers reported quarter-on-quarter growth in demand....
April 21, 2023
UK politics
Red Wall mayor accused of ‘conflict of interest’ over property assets
...However the Financial Times has established that he does own, largely through commercial partnerships including Green Lane Capital (N/E) LLP, the freeholds on eight properties in the MDC footprint, according...
March 23, 2023
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
FT Magazine
How Crispin Odey evaded sexual assault allegations for decades
...Robin Crispin William Odey established Odey Asset Management in 1991 on Upper Grosvenor Street in the heart of Mayfair, an exclusive pocket of London that is home to hedge funds, Michelin-starred restaurants...
June 8, 2023
Legal services
UK’s ‘magic circle’ law firms struggle to grow in US amid sinking pound
...Tony Williams, principal at Jomati consultants and one-time managing partner of Clifford Chance, said foreign exchange movements were “compounding” an existing problem for magic-circle firms....
October 11, 2022
KPMG LLP
KPMG flunks US overseas audit inspections twice as often as rivals
...PCAOB chair Erica Williams said in an interview with the FT this month that the agency “will hold any firms to account, including affiliates, that break our rules, and we recently enhanced our ‘other auditors...
October 20, 2022
Special ReportNorth America Innovative Lawyers
Specialist lawyers lead cyber counterattack
...William Frentzen — a partner and trial attorney in Morrison Foerster’s white-collar crime unit, and a former government prosecutor experienced in dealing with hackers — had already helped to recover money...
December 5, 2023
FT Live
Innovative Lawyers Summit
Guiding business in a new global age
Wednesday, 11 SeptemberLondon, UK
Legal services
Profits stall at London’s ‘magic circle’ law firms during US expansion
...Williams said the group was currently generating only about 15 per cent of their revenue in that region....
July 31, 2023
Due Diligence
Paul Weiss’s raid on Kirkland continues Premium content
...He has advised on deals including Comcast’s acquisition of Sky, the sale of William Hill to Caesars Entertainment and Cineworld’s restructuring. A representative for PJT and Lyons declined to comment....
September 12, 2023
News in-depthLegal services
Wim Dejonghe: the Belgian rainmaker sealing A&O’s deal with Shearman
...Tony Williams, a consultant who was managing partner at Clifford Chance when it merged with American firm Rogers & Wells in 2000, said: “The magic circle have been challenged in the last decade by the strength...
May 26, 2023
News in-depthLegal services
Allen & Overy closes in on American dream with $3.4bn Shearman deal
...Tony Williams, a consultant at Jomati who was managing partner of Clifford Chance when it struck the Rogers & Wells deal, said A&O’s move was “opportunistic and strategic” at a time when Shearman’s leadership...
May 23, 2023
KPMG LLP
Three failed US banks had one thing in common: KPMG
...“This is something that reverberates across the banking industry,” said Williams Smith. “Given the public interest around this you can expect there will be more oversight.”...
May 3, 2023
Mergers & Acquisitions
Shearman & Sterling and Hogan Lovells abandon merger talks
...Tony Williams, principal at Jomati Consultants and former managing partner of Clifford Chance, which merged with a US firm in 2000, said: “Large mergers between law firms are very difficult to achieve in...
March 3, 2023
Live news updates from January 20: Alphabet to cut 12,000 jobs, Japan inflation hits 41-year high
Crypto broker Genesis files for bankruptcy
...Moelis & Company is acting as financial adviser to the company, Cleary Gottlieb Steen & Hamilton LLP is acting as legal counsel and Alvarez & Marsal is serving as restructuring adviser....
January 20, 2023
Your QuestionsLucy Warwick-Ching
Can I get my house back from my daughter?
...William Hancock, a member of the trusts, tax and estate planning team at law firm Collyer Bristow, says this inheritance tax break is known as the “normal expenditure out of income exemption”....
March 28, 2023
KPMG LLP
KPMG is first Big Four firm to cut staff in US as economy slows
...Job postings by the Big Four are 50 per cent lower than a year ago, according to the latest monthly survey by William Blair, the equity research firm....
February 15, 2023
FT Live
Innovative Lawyers Awards Europe
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 12 SeptemberLondon, UK
Cryptofinance
Crypto goes on trial alongside SBF Premium content
...The reputations of other FTX senior executives, Bankman-Fried’s parents and prosecuting attorney Damian Williams for the Southern District of New York will also be put to the test....
October 6, 2023
News in-depthLegal services
London’s ‘magic circle’ law firms make renewed bid to crack US
...Williams left Clifford Chance at the time of its merger in 2000 with New York firm Rogers & Wells, a tie-up that created a firm with 2,700 lawyers globally....
August 9, 2022
Sullivan & Cromwell LLP
How a prestigious Wall Street law firm got caught up in FTX’s chaos
...Since Algernon Sydney Sullivan and William Nelson Cromwell opened their eponymous law firm in 1879, Sullivan & Cromwell has become a go-to practice for the most important companies in the world, from General...
January 25, 2023
KPMG LLP
KPMG Korea fined over auditors’ misleading of US regulator
...improper alteration of audit documentation undermines the integrity of the board’s inspection processes and impedes the board’s mission to improve audit quality and protect investors,” said PCAOB chair Erica Williams...
August 17, 2022
Law
Law firms focus on digital skills to ease legal pressures
...But the move also created a business opportunity, says Meredith Williams-Range at Shearman & Sterling....
December 10, 2021
Accountancy
US watchdog fines former KPMG audit boss $100,000 over tip-off scandal
...that the PCAOB is committed to sanctioning top-level personnel at the largest firms when they fail to take sufficient supervisory steps aimed at preventing violations by their subordinates,” said Erica Williams...
April 5, 2022
Legal services
Calls to action on ESG boost demand for legal expertise
...“You have to report on the proportion of your business that relates to taxonomy-eligible activities at first and, in later years, on what is taxonomy aligned,” explains Vanessa Havard-Williams, global head...
October 15, 2021
Legal services
How airlines survived to fly another day
...Ruairi Rynn, partner at law firm William Fry, which acted for the examiner in the Irish process, says working in an Irish court with a Norwegian company was “unique and unusual, but ultimately highly successful...
October 15, 2021
Latham & Watkins LLP
Former FTC competition director joins Latham & Watkins
...Those included former attorney-general William Barr — who resigned in December — and Jeffrey Clark, former acting head of the US justice department’s civil division....
March 1, 2021
UK politics
UK test and trace head defends use of £1,000-a-day private consultants
...A total of 623m lateral flow tests have already been purchased, with a tender out to procure a further 200m tests from mid-February, Mr Williams said....
January 18, 2021

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