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Partnership

Yesterday

Deloitte managing partner of audit and assurance Joanne Gorton.

Deloitte partners gripe over pay unit rumours

Even the Cairns sunshine wasn’t enough to stop a litany of complaints from partners.

This Month

Hicksons, Hunt & Hunt to merge as AI changes legal outlook

Public and private sector clients are demanding firms push down costs with AI, forcing smaller firms to look for scale to avoid unsustainable costs.

Doug Emhoff, Kamala Harris’ husband, railed against his firm’s decision to strike a $163 million deal with the White House.

How Trump is putting law firms in a no-win situation

A swath of law firms have signed deals to head off the White House, but they have faced internal dissent for caving to threats.

Profusion Group managing director Simone Mears

Non-gendered approach to reproductive leave counters unconscious bias

A ‘paradigm-shifting moment’ led Profusion Group to offer health and wellbeing days that go beyond traditional ideas.

EY’s Asia-Pacific region will be dissolved under the proposal.

EY Oceania to avoid merger in global restructure

The firm’s local division will continue to be led by chief executive David Larocca, but job cuts are expected amid a broader reorganisation of the business.

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John Nestel left Herbert Smith Freehills to team up with Lachlan Edwards in 2018.

HSF partners approve Kramer Levin merger, adding $700m in revenues

They voted “overwhelmingly” to endorse the deal, making the firm the first major Australian partnership with an expansive, integrated operation in the US.

Sinodinos’ predecessor Joe Hockey spent time in close quarters with President Trump playing golf.

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.

Demanding billable hours targets can make law firms unpleasant and stressful working environments.

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 has resolved a pay dispute with staff.

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.

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.

March

MinterEllison chief executive Virginia Briggs says the firm’s updated pay structure will help attract top partners.

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.

David Sacks ran Scyne Advisory’s business in Melbourne.

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’s Asia-Pacific region will be dissolved under the proposal.

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.

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‘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.

Lawyers say the tight labour market has led to massive spike in poaching disputes.

Professional services firm loses restraint case as poachings spike

National professional services firm Blue Rock has failed to secure court orders stopping a former senior employee from soliciting its clients at a rival firm.

New partners Hai-Dang Nguyen, Richard Horton, Olena Brodovska, Brent Henderson, Campbell Davidson, and David Starkoff.

‘David and Goliath’ firm nabs six partners from global outfit

Piper Alderman has hired six partners from Squire Patton Boggs, as the international legal market in Australia undergoes another shift.

December 2024

Hogan Lovells finance partner Bryan Paisley.

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. 

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.

Original URL: https://www.afr.com/topic/professional-services-partnership-1mqu