On the coat-tails of a private equity boom, American partnerships are bringing a long-hours, high-pay culture to the City
Firm tells partners to ‘stay calm’ as exodus of companies prompts lay-offs and cost cuts
Accounting firm’s US arm proposes takeover of UK and Irish businesses
King’s Speech sets out government’s measures to help bolster British economy
Plus, the venture capital firms poised for a potentially massive Wiz payday and private equity retreats from returning cash with NAV loans
Law firm’s hiring spree helps it pull away from ‘magic circle’ rivals in world’s biggest legal market
Federal judge points to conflict in relationships with financial sponsor and debtor in Chapter 11 case
Survey comes as firms forced to kill off equity initiatives in wake of Supreme Court’s ban of affirmative action
‘Magic circle’ firm posts 17% jump in profits in year before transatlantic tie-up
The Big Four firm curtails bonuses and perks for some UK divisions
Accounting and Financial Reporting Council rejects quality control allegations
Recruiter says ‘no immediate signs of improvement’ in its markets as it makes further job cuts
UK-based ‘magic circle’ law firm posts record annual profits on pick-up in dealmaking
Headcount fell 3% last year with firms axing jobs and moving staff as post-pandemic boom fades
UK tax authority was pursuing Conservative donor for income and employment-related taxes
This monthly series, now in its third year, examines how the legal ecosystem is using new technologies to serve fast-changing business needs. Part 3: Consolidation is the watchword as contract management suppliers join forces
The prospect of applying tech breakthroughs to handling data-rich digital documents has prompted a flurry of deals
New York judge dismisses six-year old legal action accusing consulting firm of conflicts of interest in bankruptcy cases
Court case to test the issue as move to more corporate structure raises another question: should the firm go public?
Janet Truncale’s alternative to failed spin-off of consulting arm is criticised for lacking detail
Tension between Beijing and Washington has increased scrutiny of western businesses operating there
Janet Truncale has told company’s 400,000 staff she wants to simplify operations instead
Some company lawyers are turning to experts to master their use of generative artificial intelligence
Court of Appeal to hear test case for widening use of class action lawsuits
US state’s status as premiere corporate home in flux as companies and shareholders disagree over board powers