Latest
HSF in damage control after M&A partner’s ‘deeply offensive’ tweet
Herbert Smith Freehills has started an internal investigation after a tweet directed at Jeremy Leibler.
- Mark Di Stefano
McKinsey pays $190m to resolve probes into South Africa bribes
The firm participated in a years-long scheme to bribe government officials in South Africa, according to US officials.
- Stephen Foley
Explore: Law Partnership Survey results for second-half of 2024
The latest results show law firms continue to perform strongly, boosted by big-ticket deals, litigation assignments, and the steady flow of fees from insolvencies and disputes.
- Maxim Shanahan and Edmund Tadros
It was a boom year for law firms. But signs of a slowdown have emerged
Law firms held their gains in the second half of 2024, but some leaders are wary of rising pressures on price and profit margins.
- Maxim Shanahan
New AI rules for lawyers: stick to email, not legal work
Law firms have made a rapid embrace of AI, but regulators have recommended lawyers only use the technology for basic tasks.
- Maxim Shanahan
Data Trackers
Financial Review consulting salary guide 2022-23
The full guide to how much you can earn at Accenture, Deloitte, KPMG and PwC.
- Edmund Tadros
- Series
- PwC tax scandal
Inside the undoing of PwC
For the first time, the Financial Review tells the story from the perspective of the people inside PwC and the Tax Office.
Professional Moves
Pretty textbook stuff: Life as a lawyer in London
Former Adelaide resident Lucy McKenzie managed to write an 87-page textbook while working in Ashurst’s UK dispute resolution practice. But the best thing about working as a lawyer in London? The leave.
- Updated
- Daniel Arbon, Maxim Shanahan and Ciara Seccombe
- Exclusive
- Law Partnership Survey
Wave of partner exits unsettles Clyde & Co amid turnaround struggles
The London-headquartered law firm’s entire local cybersecurity practice is leaving, taking to one-third the number of senior departures over the last 12 months.
- Maxim Shanahan
CBA hires Treasury deputy as chief economist
Luke Yeaman is the latest hire for the big banks out of the government department or the Reserve Bank of Australia.
- John Kehoe
This Month
Accounting, audit and finance roles added to fast-track visa list
Jobs and Skills Australia has added a range of accounting, audit and finance roles to its list of occupations eligible to apply for new fast-track visas.
- Edmund Tadros
- Exclusive
- Law Partnership Survey
Wave of partner exits unsettles Clyde & Co amid turnaround struggles
The London-headquartered law firm’s entire local cybersecurity practice is leaving, taking to one-third the number of senior departures over the last 12 months.
- Maxim Shanahan
Furious Stephen Conroy was dumped as Business Council lobbyist
When did the BCA exactly became a discredited rabble of a business lobby? And was it around the time Conroy’s TG Public Affairs ceased receiving a retainer?
- Myriam Robin
Clayton Utz M&A partner Niro Ananda set to resign; KWM eyed
Sources suggested on Tuesday that Ananda was headed to rival law firm King & Wood Mallesons. A KWM spokesman declined to comment.
- Sarah Thompson, Kanika Sood and Emma Rapaport
PwC in talks to offload insolvency unit to Teneo
Insolvency teams have a long history of moving in and out of the big four firms as they become frustrated at being constantly conflicted out of work.
- Sarah Thompson, Kanika Sood and Emma Rapaport
MinterEllison raids PwC, KPMG to build up consulting arm
Consultants now make up almost 10 per cent of fee-earners at the firm, as clients prove increasingly willing to seek non-legal advice from law firms.
- Edmund Tadros
Demand for offshore white-collar workers triples firm’s revenue
ConnectOS specialises in hiring and managing low-cost staff in the Philippines on behalf of other companies.
- Edmund Tadros
- Sponsored
- Acquisitive Advisory
Unlocking growth through an ‘integrated talent strategy’
In today’s fiercely competitive market, where securing the right talent is as critical as capital itself, forward-thinking firms are beginning to view talent acquisition not simply as a human resources (HR) function but as a foundation of growth.
Sponsored
by Acquisitive Advisory
Strategy firm hires former Scyne, PwC partner
Oliver Wyman continues to build up its government consulting practice with the hire of Tim Jackson, expanding the team to 25.
- Edmund Tadros
Why PwC global put its own man in to run PwC Australia
PwC International parachuted in UK partner Kevin Burrowes to run the Australian firm after becoming frustrated with the local firm’s “failure to co-operate”.
- Edmund Tadros
November
- Updated
- Vale
Former attorney-general Tom Hughes, KC, dies aged 101
The former fighter pilot and barrister has been hailed as a leading figure in the history of the Australian legal profession.
- Maxim Shanahan
- Exclusive
- Legal profession
Union slams ‘shameful’ Slater & Gordon offer after pay talks fail
Slater & Gordon has put a pay deal direct to staff, after Fair Work-brokered negotiations failed on Wednesday.
- Maxim Shanahan
Pro bono laggards rewarded as major law firms cut free hours
Law firms were warned that failure to meet a target for pro bono hours would endanger government assignments, but laggards have been rewarded.
- Maxim Shanahan
David Collard keeping records from liquidators
He seems to show no indication of wanting to do right by creditors, which include the Australian Tax Office and the employees in the town where he grew up.
- Myriam Robin
- Exclusive
- PwC tax scandal
PwC Australia to cut payments to retired partners by at least 25pc
About 700 former partners will have their retirement payments cut after profits dropped due to hundreds of partners leaving after the tax leaks scandal.
- Edmund Tadros
Trust is the key for this mining recruiter
Launched in the depths of the pandemic, recruitment firm Mergent has grown by 348 per cent to make the Fast Starters List.
- Sian Powell
- Opinion
- Fast 100
Is the IPO route right for your business?
While sharemarket floats can access deep capital for growing businesses, it’s essential to explore all available options to determine the right investment path.
- Gavan Carroll
- Opinion
- Fast 100
Three challenges that fast-growing companies need to meet
Staying on an accelerated growth curve will come down to fostering a culture of restless innovation and agility.
- Mark Summerhayes
Fewer super funds means more business for this tech consultancy
The ongoing merger activity in the superannuation sector has supercharged growth at Wollongong-headquartered IT services company Novigi.
- Edmund Tadros
Government legal spending hits $600m
Commonwealth spending on legal fees increased rapidly before an overhaul of the government panel, but barristers’ bills were trimmed.
- Maxim Shanahan