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People lay flowers at the Adass Israel synagogue in Ripponlea on Sunday.

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
Law Partnership Survey

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

The final report by the parliamentary inquiry into audit quality has been tabled.

Financial Review consulting salary guide 2022-23

The full guide to how much you can earn at Accenture, Deloitte, KPMG and PwC.

  • Edmund Tadros

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

Here I am: Lucy McKenzie in London.

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
Clyde & Co and GilChrist Connell.

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
Senior Treasury official Luke Yeaman is joining Commonwealth Bank.

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
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Ansa Finance manager Joshua Fuoco is also facing charges for allegedly managing a company while banned by ASIC.

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
Clyde & Co and GilChrist Connell.

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
Former federal Labor minister Stephen Conroy: at least he’s entertaining.

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’s Niro Ananda was named partner in 2009.

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
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Law Partnership Survey Paul Jenkins, Victoria Hepburn

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
Steve Evans in Melbourne

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
Developing true partnerships with clients, rather than simply being a supplier of talent, is a key to the success of 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

AFR COMPOSITE -
New Oliver Wyman partner Louise PortelliNew Oliver Wyman partner Tim JacksonNew Oliver Wyman senior advisor Jim Murphy

 Photo: Supplied.

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
The letters were sent from both PwC’s global general counsel Diana Weiss and current global chairman Lisa Sawicki and copied in the top global leaders in the firm as of mid-2023: global chairman Bob Moritz (from left), Asia Pacific and China chairman Raymund Chao, UK senior partner Kevin Ellis, senior US partner Tim Ryan and Europe chairman Petra Justenhoven. Only Ms Justenhoven remains in the Network leadership team.

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

Tom Hughes, KC, in his Sydney chambers in 2008.

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
SLater & Gordon will head to conciliation as it negotiates with the Australian Services Union over a new pay deal.

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
Scale Facilitation CEO David Collard in New York.

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
PwC retirement cuts

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
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hiring

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

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
From paper-based systems to AI, companies need to keep up with rapid change.

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
The IT consulting area to super and wealth is growing fast.

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
Clayton Utz and MinterEllison took home almost 20 per cent of government legal fees.

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