Latest
Hockey remains Australia’s Trump-whisperer – only now, he’s charging
Business is going well for advisers with links to a White House where Donald Trump is intent on liberating America from the global trading system and its allies.
PwC spin-off Scyne Advisory to slash staff and restructure
The public sector consulting specialist now owned by Allegro Funds told employees it would cut about 10 per cent of its headcount and focus on tech work.
Long hours, distant targets: Lawyers are getting a raw deal
Demanding billable hours targets can make law firms unpleasant and stressful working environments. But there are better ways.
Maurice Blackburn strikes deal with staff after 12-month stand-off
The workers’ rights law firm has reached a deal with staff, which includes pay rises of up to 12.5 per cent over three years.
Law firm reaches $160m deal with Trump as industry divide deepens
New York firm Milbank committed $160 million to White House-friendly initiatives after the administration raised concerns about DEI and its pro bono practice.
Data Trackers
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.
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
PwC spin-off Scyne Advisory to slash staff and restructure
The public sector consulting specialist now owned by Allegro Funds told employees it would cut about 10 per cent of its headcount and focus on tech work.
New Grant Thornton boss to strike at bigger rivals ‘while iron is hot’
Said Jahani wants to elevate the fast-growing firm’s market position, but is cautious on following his UK and US colleagues in taking private capital.
‘You have to be at the top of your game to survive’
London’s legal market is famously competitive, something Adelaide lawyer Eloise Crompton has come to admire.
This Month
15 years of drift: Why global law firms can’t make it in Australia
UK and US law firms are battling for market share on either side of the Atlantic. But expansion has proven much more difficult in Australia.
Consulting firms offer concessions to head off Trump cuts
Three of the 10 large consultancies facing a Tuesday (AEDT) deadline to submit money-saving proposals offered a menu of options that could cut at least $24 billion.
March
New Grant Thornton boss to strike at bigger rivals ‘while iron is hot’
Said Jahani wants to elevate the fast-growing firm’s market position, but is cautious on following his UK and US colleagues in taking private capital.
ATO alleges ex-EY partner ‘lined his pockets’ with client money
A former EY partner received secret commissions from clients by not disclosing relationships with companies he used to facilitate illegal tax schemes, the Tax Office alleges.
Why directors must navigate governance without scuttling growth
Boards today face a core dilemma: how to uphold governance without stifling growth.
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Former EY partner being sued by ATO challenges tax assessment
Peter White is accused of promoting three illegal tax schemes to seven clients and taking $700,000 in secret commissions.
Big billing MinterEllison partners in line for more lucrative paydays
The top-tier law firm has followed some of its major rivals in creating a larger gap between top earners and the rest of the partnership to prevent poaching.
Trump triggers radical profit boost for conservative lobbyists
CT Group, formerly known as Crosby Textor, has done a full reversal – from the red to strong profit – before the election has even been called.
PwC spin-off Scyne loses one of its most senior executives
David Sacks said he had decided to leave the professional services industry entirely and “apply my energy to provide more leading and doing”.
EY proposes massive restructure, merging divisions to find growth
The accounting and consulting major is proposing to end its overarching geographic groupings and merge regions in a move that will likely result in job losses.
PwC reaches multimillion-dollar settlement with former tax partner
The accounting and consultancy firm named Paul McNab as one of a dozen people implicated in a tax leaks scandal. He denied the allegation, and sued the firm.
‘Adopt not adapt’: How to deliver a $60m tech project on time
PwC tech consultants achieved the rare feat of delivering a $60 million tech project on time and on budget by resisting the urge to overly customise.
Slaters refers former staffer to police over incendiary mass email
The law firm says a forensic investigation has found the sender of the infamous memo had access to sensitive data and was familiar with its cybersecurity.
Accenture warns that Musk-DOGE cost cuts are hurting sales
The Department of Government Efficiency has taken aim at consulting deals as an example of what the administration deems wasteful spending.
We fact-checked the email Slater and Gordon says is largely fiction
The now infamous all-staff email sent to more than 900 Slater and Gordon staffers was unsparing in its criticism of the firm. Here’s what we know about key claims.
Slater and Gordon paid out convicted fraudster
The law firm paid Bridgett Maddox at least five months’ salary late last year after she was suspended, while Daniel Andrews’ former lawyer Steve Palmer helped handle her departure.
New Deloitte CEO does a night of long knives on consulting partners
The usually revered consulting division has been quietly decimated by sackings.
A decades-long rap sheet of deceit blows open Slater and Gordon probe
The woman whose first name matches metadata in the rogue salary and performance spreadsheet that erupted into a crisis at the law firm is a convicted fraudster.
‘Childish behaviour’: Judge chides Barrenjoey banker, Seven producer
A former Seven Network producer will avoid a criminal conviction after charges of assaulting her high-profile Barrenjoey banker husband were dismissed.