This Month
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.
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.
February
‘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.
Scyne Advisory gets ethics and accountability sign off from Finance
After 15 months of monitoring, the Department of Finance concluded that Scyne had “implemented appropriate ethics, accountability and governance arrangements”.
Another PwC Australia deals partner to leave the firm
Senior partner Sanjiv Jeraj is retiring from the big four firm after almost two decades, and a new partner is helping clients use AI.
Law firms prep for year ahead by poaching big names from rivals
The big firms have capitalised on a soft professional services market, spending the summer picking off partners and staff for their own ranks.
Ashurst expands risk advisory team, adding two new partners
Cybersecurity expert Rachael Falk and KPMG partner Kathleen Conner are joining the division, which now has 23 partners globally.
January
Senior PwC partner to lead ASX-listed childcare business Nido
Adam Lai had been the firm’s managing partner in Sydney for the past year and a partner at the firm for more than a decade. He will be paid at least $1 million.
December 2024
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.
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.
‘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.
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.
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.
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.
November 2024
Baker McKenzie abandons merger plan after second defeat
The vote failed by a greater margin than the initial ballot and upends management’s strategy for the local division of the global firm.
Seven PwC partners join MinterEllison
New partner Nicole Salimbeni said law firms make more natural homes for some advisers than big four consultancies.
October 2024
US law firms swoop on Sydney tax and deals partners
Senior transactions partners Aaron Kenaman and Jamie Palmer will join White & Case, as Jones Day picks up Baker McKenzie’s tax head.
Ashurst, Freehills, Clayton Utz in hiring spree
Top-tier law firms are looking to capitalise on the weakness of the big four, opportunities in the energy sector and the high levels of insolvencies.
Collegiality under threat from big-money drive: law firm head
The local head of Bird & Bird, which is celebrating 10 years in Australia, says the partnership ethos is in danger from chequebook-wielding firms.
Holding Redlich moves to capitalise on government legal shake-up
The firm says a renewed focus on public sector work will push it towards growth and let it take advantage of procurement priorities.