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Deloitte LLP
Deloitte US staff paid bigger share of revenue after hiring battle
...The figures lay bare a shift inside the Big Four accounting firms since the coronavirus pandemic, which unleashed a wave of demand for their consulting services from corporate America but also prompted staff...
October 10, 2023
KPMG International
KPMG Dubai partners raised concerns about Freshfields review
...If you have an insight into related issues in the professional services sector that could inform our reporting, please contact michael.odwyer@ft.com and simon.foy@ft.com. We want to hear from you....
December 22, 2023
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
FT Magazine
Why everybody who’s anybody in Manhattan real estate relies on Jon Mechanic
...On top of the usual burdens, the city is also now bearing the cost of an epic influx of migrants — many from Venezuela. Some of the rich have already left to low-tax states like Florida and Texas....
October 20, 2023
EY
EY in disarray as internal war over break-up plan bursts into open
...EY’s plan to spin off its advisory arm, including consultants and most of its tax practice, into a listed company has run into a series of delays since it became public in May....
March 9, 2023
Accountancy
Deloitte to axe 100 more UK jobs amid deals slowdown
...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...
February 7, 2024
Special ReportNorth America Innovative Lawyers
How big should a US law firm be? Plus: top 35 innovative firms
...investment in skills for lawyers and for business services people....
December 5, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Due Diligence
The $1mn fees roiling Miami’s golf clubs Premium content
...standards, conflict of interest rules and — ahem — professional ethics....
April 11, 2024
Tesla Inc
Winning lawyers in Musk pay dispute may make billions
...In the US, plaintiffs’ lawyers often take most or all of their fees from a portion of a settlement or judgment, a so-called contingency arrangement....
January 31, 2024
Bankruptcy
The US scourge of venue shopping
...Because 198 days before filing for bankruptcy (just outside the 180 day requirement under the bankruptcy venue statute), Purdue changed the service of process address for its non-equity general partner to...
March 28, 2024
Accounting & Consulting services
McKinsey and BCG warn staff face jail if they reveal Saudi work
...“We want to determine what work these companies have done and are doing that allows a foreign sovereign to use instruments of commerce in the United States to increase its influence within our shores, and...
February 6, 2024
Commercial property
Law firm Paul Weiss signs biggest US office lease of 2023 in Manhattan
...Real estate group Fisher Brothers said on Thursday that it had agreed to lease 765,000 square-foot at 1345 Avenue of the Americas to Paul Weiss for 20 years, after investing $120mn in upgrading the building...
December 22, 2023
The Trump Organization
Donald Trump Jr distances himself from Trump Organization’s financial statements
...Donald Jr was a trustee of the Donald J Trump Revocable Trust that held most of the company’s assets....
November 1, 2023
InterviewArgentine economy
Argentina’s Milei says he doesn’t need congress to save the economy
...“My alignment is with the United States . . . whether Democrats or Republicans are in power, regardless of my preferences.”...
February 29, 2024
North American prime property
Super-rich shake up Aspen’s ‘curated snow dome’
...“It is a new dilemma of how to house professionals in our workforce.”...
January 11, 2024
Art Basel Miami Beach 2023
Designer Samuel Ross: ‘I love that red-hot line between sculpture and furniture’
...“It is about black Britain and what it is to be working class,” he says of his Converge gilet, for example, which was acquired by the V&A for its collection in 2021. “It is descriptive of urban life....
November 24, 2023
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
InterviewTony Blair
Blair think-tank revenues hit $140mn as governments pay for advice
...He says the institute operates in Africa, the Middle East and south-east Asia and is building its business in the Americas....
December 22, 2023
Accounting & Consulting services
US accounting profession rethinks entry rules amid staffing crisis
...Cedergren’s organisation has put forward legislation that will allow accountants to get licensed in the state with only 120 hours of higher education if they have extra work experience or take professional...
September 6, 2023
Accounting & Consulting services
Accounting firms question the partnership model
...The firm, the sixth-largest in the US, is switching this weekend to a professional services corporation, a designation more akin to a typical company....
June 30, 2023
The Big Read
Malaysia: the surprise winner from US-China chip wars
...But Gautam Puntambekar, country executive for Bank of America, says that “when you talk about semiconductors, Malaysia is invariably part of the conversation”....
March 11, 2024
Scoreboard
A rare encounter with Aston Villa’s owner Premium content
...The sports leagues: Professional sports leagues were blindsided by the streaming agreement....
February 17, 2024
Robert Menendez
Robert Menendez charges rattle New Jersey’s infamous Hudson County
...It is the most densely populated county in America’s most densely populated state....
October 8, 2023
The Big Read
Brazilian football: the next frontier in global sport?
...as Barcelona, Manchester United and Paris Saint-Germain....
February 12, 2024
Property sector
US real estate agents liable for $1.8bn over broker fees on home purchases
...“In competitive foreign markets, home buyers pay their brokers, if they choose to use one, and they pay less than half the rate paid to buyer brokers in the United States,” plaintiffs’ lawyers added....
October 31, 2023
Special ReportBusiness Legal Leaders
Meet the top FT 20 in-house legal leaders
...Scheduled to launch in 2024, Bleu will offer cloud services that will meet the strict privacy and security requirements of the French state....
September 20, 2023
Accounting & Consulting services
PwC and KPMG fall behind in promoting women to run major audit work
...Women still only account for 20 per cent of the lead engagement partners on audits of S&P 500 companies, according to a study published on Tuesday by the CFA Institute, the professional body for the investment...
March 7, 2023

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