Financial Reporting Council pledges ‘end-to-end’ assessment after complaints by firms over lengthy probes
Consulting group says that US government purchases have slowed and global economic uncertainty has risen
Staff told of redundancies in 12-minute call as firm retreats from British legal practice expansion plans
FRC investigation comes as firm plans to raise £125mn on London’s junior market
Plus, Alibaba’s renaissance and the faulty conventional wisdom on US listings
US law firm cements position as world’s biggest with record annual revenues of $8.8bn
The country re-evalutes its contracts with foreign consultancies as it pursues ambitious agenda
Western firms profited as kingdom launched ‘giga-projects’ but market is slowing as Riyadh reins in spending
US law firm agrees settlement with England’s legal regulator over failings in London office
Executive orders encompass firms’ diversity policies as well targeting those who acted for his opponents
Moves come as consultants strain to protect annual profit pool of close to £1mn per partner
Average partner profits at one of the world’s largest law firms increased 29% to $7.1mn last year
Consolidation of subscale operations comes as Big Four firms re-examine operating model
Rainmakers at annual corporate gathering hope Trump dealmaking bump will still materialise
In this report, we highlight the FT’s ranking of the 500 best employers in the UK. Plus: employers rethink what makes a workplace desirable; healthcare pay lags behind worker commitment; Manchester’s science cluster formula; and a looming diversity backlash
Partner hires on track to hit record high after 155 senior lawyers take new roles in the first two months of 2025
‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firm
US president suspends security clearance for firm’s staff in further move against lawyers who worked in opposition to him
Firms including Deloitte and Accenture told to justify billions of dollars’ worth of contracts
Tax staff in the US told that their presence will be considered in performance reviews
Benedict Foster admitted using ‘offensive’ monikers in French bank’s London office
Insiders worry about the diminution of state’s unique jurisprudence after move to limit shareholder lawsuits
After wielding a chainsaw to the federal budget, managing consulting contracts may be next on the chopping block
Large language models will be able to unspin financial numbers and open up a different way of understanding accounts
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