Latest
Harsher penalties urged for PwC-style false privilege claims
The changing nature of law firms is making privilege claims more difficult to determine, a federal government discussion paper says.
- Maxim Shanahan
Slater & Gordon staff win pay rise of up to 22pc
Long-running pay negotiations between the Labor-aligned legal firm and staff have ended without a key union demand being met.
- Maxim Shanahan
Are you guilty of using this year’s most awful jargon?
Here’s the past 12 months in words and phrases that professionals love to use, and what they’re really saying. We hope to never see any of them again.
- Edmund Tadros
Robin Khuda’s go-to finance lawyer finds a home at Baker McKenzie
Street Talk understands banking and finance partner Bryan Paisley has returned to the top-tier firm he left five years ago.
- Sarah Thompson, Kanika Sood and Emma Rapaport
High-powered law firm ends eight-year dispute with ex-general manager
Solicitor to the powerful John Atanaskovic and his long-serving general manager Elizabeth Kelly issued statements saying their eight-year suit was concluded.
- Myriam Robin
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
From Picnic at Hanging Rock to making it as a lawyer in Hollywood
Karen Robson starred in the 1975 film, then went to law school and founded the Los Angeles office of a law firm where she still practises today.
- Updated
- Daniel Arbon, Maxim Shanahan and Ciara Seccombe
New Deloitte CEO reveals executive team
Incoming Deloitte Australia chief executive Joanne Gorton has kept six executives and added four new members to the team.
- Edmund Tadros
Another Corrs partner follows rebel group to KWM
Corrs property partner Lizzie Knight will follow seven Corrs partners to King & Wood Mallesons, becoming the latest to move between the two major firms.
- Maxim Shanahan
This Month
New Deloitte CEO reveals executive team
Incoming Deloitte Australia chief executive Joanne Gorton has kept six executives and added four new members to the team.
- Edmund Tadros
- Exclusive
- Big four accountants
EY sues five partners who left for Alvarez & Marsal
The civil action comes as EY’s leadership asks at least eight partners to leave as part of a cost-cutting exercise.
- Edmund Tadros
MinterEllison sets target of 80pc using AI by March
The majority of lawyers and partners at the big six Australian law firm will be required to use the new technology in their daily work next year.
- Edmund Tadros
Top-tier firms are cutting lawyer numbers for the first time in years
The country’s most prominent legal practices have reduced the number of lawyers they employ in the past six months. But their mid-tier rivals are hiring.
- Maxim Shanahan
Another Corrs partner follows rebel group to KWM
Corrs property partner Lizzie Knight will follow seven Corrs partners to King & Wood Mallesons, becoming the latest to move between the two major firms.
- Maxim Shanahan
Boutique consultancy thrives in difficult market for major firms
Specialist advisory firm Lumenia has quickly built up a roster of clients thanks to its ability to take on smaller projects and adapt to changing customer needs.
- Edmund Tadros
‘Eat what you kill:’ how this consultancy is taking on the big four
Alvarez & Marsal’s remuneration model means managing directors can potentially earn multiples of the average big four partner pay.
- Edmund Tadros
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
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
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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.
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