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We examine how senior in-house lawyers are adapting to new business needs in a monthly series. This time: ethical dilemmas
...Wirecard’s administrator and former shareholders have accused EY of failing in its professional duties, and have filed lawsuits claiming billions of euros in compensation....
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
...Should the professional service firm be sentenced to pay damages to Wirecard shareholders, it could shift its existing audit business into the new entity and declare the old one insolvent, he warned....
...The approach underlines private equity interest in the sector and comes after several firms made investments in professional services businesses in the US and Europe....
...services industry has swung to historic lows....
...Their ability to do business in the country is in large part owing to an exemption for companies being allowed to offer professional services to their own subsidiaries in Russia, while being banned from...
...The number of nurse student applicants fell 7.4 per cent in January compared with the previous year, according to data from the Universities and Colleges Admissions Service, leaving the government far behind...
...“We are in a new era of realising that these partnerships have attractive alternatives,” said Peter Munzig, a partner at TPG, one of the most active dealmakers in professional services....
...But as well as big banks, professional services specialists such as law firms and public relations companies have also been slower, citing concerns such as the tax implications of moving partners into a...
...The German conglomerate has become a poster child for the pitfalls of mergers and acquisitions, still nursing a giant hangover from its disastrous $63bn takeover of Monsanto agreed in 2016....
...However, the Nursing and Midwifery Council said its report had found that 3,071 nurses joined the UK-wide nursing and midwifery register from red list countries in the six months to September 30, taking...
...Two years ago, the City’s professional services firms couldn’t hold on to their staff. Now, they can’t get rid of them....
...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...
...The succession comes at a turbulent time for the professional services sector....
...The sharp decline in attrition is a phenomenon across professional services firms and around the world, compounding the effect of a slowdown from the post-pandemic boom in advisory work on digital services...
...This is a critical challenge in financial services....
...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....
Meet Ben F orgers (we wish we were making this up)
...It follows a broader trend in professional services....
...Almost 12,000 investors were subsequently left nursing losses of £236mn after their investments proved riskier than they thought. The regulator also fined Huisamen £31,800....
...“Nursing students are the future of our health and care services, but the future looks bleak with fewer people expected to take up nursing courses this year,” said Dr Nichola Ashby, deputy director of nursing...
...) among all awarded companies in each sector and service area received a gold rating...
...EY made “grave” and “repeated” violations of professional duties in its audits of defunct payments firm Wirecard, Germany’s audit watchdog Apas concluded on Friday....
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