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Fall comes as firm embarks on merger with New York’s Shearman & Sterling
Fee tussle comes as Beijing increases scrutiny of western accounting and consulting firms
Financial Reporting Council’s annual review reveals challenge midsized firms face in taking on Big Four
This monthly series, now in its second year, examines how the legal ecosystem is using new technologies and techniques to serve fast-changing needs of business. Part 3: Generative AI pioneers line up on legal tech. The series culminates in November
Expect new rivalries and alliances as providers join forces to build transformative tools for clients
Tech group first to be named as recipient of confidential information in auditor’s widening scandal
S&P 500 companies paid $5.3bn in 2022, up just 3.2% as they held line on costs
Billionaire hedge fund manager claimed firm misadvised him over investment in Tyneside enterprise zone
Ministers consider 15% increase in legal aid payments for taking on deportation cases
Decision by Insolvency Service is the first boardroom ban on an executive of failed construction company
Half-empty offices cause frustrations for young people on placements
BDO USA is ditching the profession’s traditional structure and becoming a corporation
UK watchdog also imposes penalty on two partners following three-year investigation
Salary bands to be frozen for some junior auditors despite calls to catch up with high inflation
Big Four firm launches its second round of job cuts this year affecting all areas, including its audit business
Kirkland & Ellis ‘actively considering’ joining several major US and UK peers in setting up shop in the country
Consulting firm seeks to rebuild reputation after tax leaks scandal
US expert network consultant is latest to lay off staff in the country as scrutiny intensifies on national security grounds
Accounting firm says education technology company failed to hand over 2021-22 financial results
Amid greater numbers of increasingly complex rules, legal teams are guiding businesses on sustainability
Court-appointed examiner says lawyers and advisers have billed millions as they sort through crypto exchange’s ‘wreckage’
Audit firms scrutinised over collapse of Americanas which has shocked corporate Brazil
A quality assurance role for companies and investors is to discourage audit partners from overpaying themselves while underpaying juniors
Consulting firms such as Accenture are taking over as companies become overwhelmed by technology
Big Four face curbs on lucrative public sector work as conflicts of interest are exposed
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