Deloitte's New UK CEO Vows to Reinvent the Firm
Deloitte's incoming UK CEO, Richard Houston, commits to a comprehensive transformation of the firm, focusing on innovation and adapting to evolving market demands.
Category : Professional Services
KPMG to Slash Hundreds of Audit Jobs in Sector Shake-Up
KPMG is set to cut hundreds of jobs in its audit division, reflecting broader pressures on the sector from regulatory changes and economic challenges.
iFAST Bank Launches Multi-Currency Account for Professionals
iFAST Global Bank introduces a multi-currency business account integrated with Xero software, targeting solicitors, accountants, and property managers for streamlined financial operations and competitive interest rates.
Ardea Hires Ex-Houlihan Dealmaker Pirie to Strengthen Team
Ardea Partners has hired former Houlihan Lokey dealmaker Andrew Pirie, enhancing its advisory capabilities in corporate finance and strategic transactions.
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Paul Weiss Adds Funds Partner, Citi M&A Head Joins Watchdog
In a significant reshuffle, Paul Weiss has hired a funds partner from a rival firm, while Citi's head of UK M&A has departed to join the Financial Conduct Authority, highlighting strategic moves in legal and financial sectors.
Ashurst Hires Three Private Equity Lawyers from Goodwin
Ashurst has strengthened its London private equity practice by hiring three partners from Goodwin Procter, including a former co-head, to boost its deal-making capabilities.
Baker Botts Junior Lawyers Exclude Partners from Dinner
Junior lawyers at Baker Botts in London organized a dinner without inviting partners, highlighting generational tensions and work-life balance issues in the legal sector.
Advisory Firm Hires Retired Big Four Partners
A private equity-backed advisory boutique is expanding its team by hiring retired partners from major accounting firms, leveraging their expertise for growth.
Iran War Sparks Remote Work Boom in Gulf Professional Services
Major professional services firms have activated emergency plans, shifting hundreds of staff to remote work across UAE, Qatar, and Saudi Arabia as Middle East conflict intensifies following Iranian retaliatory strikes.
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Macfarlanes Opens New York Office in Global Expansion
Macfarlanes, a leading UK law firm, announces the opening of its first New York office, marking a strategic move into the US market to serve international clients and boost global operations.
UK and EMEA's Top M&A Lawyers Revealed
A new report identifies the leading M&A lawyers in the UK and EMEA, highlighting their expertise in high-stakes deals and corporate transactions across the region.
AI Squeezes Accountancy Margins, Forces Strategic Rethink
UK accountancy firms confront margin pressure as AI automation disrupts traditional compliance services, with 88% reporting squeezed profitability and urgent need for advisory shift.
Deloitte Restructures EMEA Firms in Global Overhaul
Deloitte has announced a significant restructuring, merging its EMEA firms into a single entity as part of a broader global strategy to enhance efficiency and client service.
Latham & Watkins Adds Four New City Partners in London
Global law firm Latham & Watkins has strengthened its London office by appointing four new partners in the City, enhancing its corporate and finance capabilities.
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Big Four Partnership Loses Its Luster in London
The prestige of making partner at the Big Four accounting firms is diminishing in London, with increased competition, regulatory pressures, and shifting career priorities challenging its allure.
Slaughter and May vs US Law Firm Takeover in London
The historic UK law firm Slaughter and May faces intense pressure from expanding US competitors in London's legal district, raising questions about its traditional partnership model and market dominance.
Law Firms Shift to Open-Plan Offices for Efficiency
London law firms are increasingly adopting open-plan office designs to enhance teamwork, reduce expenses, and attract younger talent, reshaping traditional legal workspaces.
BDO UK and Ireland Approve £1.1bn Merger
Partners at BDO UK and Ireland have voted to approve a £1.1 billion merger, creating a major accounting firm with over 7,500 staff and 17 offices across the region.
Europe's Leading Legal Minds: Top Lawyers Analysis
An in-depth exploration of the most influential lawyers across Europe, highlighting their expertise, achievements, and impact on the legal landscape in various jurisdictions.
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Paul Weiss Enters New Era with London Expansion
Paul Weiss, a top US law firm, is entering a new era with a major London expansion, hiring 13 partners from Kirkland & Ellis to boost its UK presence.
PwC Launches AI Bootcamp for UK Leaders
PwC has launched an AI bootcamp for UK business leaders to enhance skills in artificial intelligence, focusing on practical applications and strategic implementation.
Slaughter and May Boosts Private Equity Strategy
Leading UK law firm Slaughter and May is intensifying its private equity efforts to capture high-value deals and compete with global rivals in London's legal market.
Taylor Wessing and Winston & Strawn Approve Merger
Partners at Taylor Wessing and Winston & Strawn have approved a merger, creating a global legal powerhouse with enhanced capabilities in key markets.
Simpson Thacher Funds Lawyer Moves to Paul Hastings
A senior funds lawyer from Simpson Thacher & Bartlett has left the firm to join Paul Hastings in London, marking a significant lateral hire in the competitive legal sector.
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KPMG UK Headcount Falls as AI Rollout Accelerates
KPMG's UK employee numbers continue to decline as the firm prioritises artificial intelligence integration, reshaping its workforce strategy in the professional services sector.
Mishcon de Reya Elects New Managing Partner
Mishcon de Reya, the prominent London law firm, has elected a new managing partner, marking a significant leadership transition for the corporate legal sector.
KPMG UK Partner Pay Jumps 11% Post Swiss Merger
KPMG UK has reported an 11% increase in average partner pay to £746,000, driven by a merger with its Swiss firm and strong advisory performance.
KPMG Posts Strong Growth in First UK-Swiss Results
KPMG reports £3.6bn revenue and £576m profit in first year following UK-Swiss merger, with audit and tax divisions showing growth while advisory faces challenges.
Professional Services Firms Face 'Polycrisis of Confidence'
A major study reveals professional services leaders are prioritising cash flow over AI, with tax burdens and remote work reshaping the sector's confidence and growth projections.
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Peel Hunt Debt Head Moves to RSM
The head of debt advisory at Peel Hunt has transitioned to RSM, marking a significant personnel shift in the UK's corporate finance and professional services sector.
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