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Selection by global board was revealed to partners on Monday
UK law firm is latest business to take PE money to help expand non-core units
Recent promotion rounds show progress but senior ranks still dominated by men
Average profit per partner down by more than £40,000 after tumultuous year for Big Four accountancy firm
Accounting and consulting firm brought in record $53.1bn even as business slowed in latest financial year
New York’s self-styled ‘dirt lawyer’ is the go-to for getting deals done in skyscraper city
Cuts are part of a wider round of 800 redundancies at Big Four firm
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 5: case studies of legal teams experimenting with generative AI. The series culminates in November
Our case studies highlight how the latest tools are helping speed up legal work
Workplace software start-up defies market conditions to raise almost £140mn from investors
Tim Ryan’s decision to retire breaks convention of US leaders ascending the ranks to run the global network
Big Four firm has been hit by dearth of deals and slower economic growth
Flexible working and skills-based hiring will improve gender equality and help companies to attract top talent
That lawyers should increasingly be twiddling their thumbs should not come as a surprise
Accounting regulator is no longer toothless but it still needs more powers
Respondents to PwC annual lawyers’ survey say costs are growing faster than fee income
Beijing’s regulatory crackdown has pushed many Chinese investors and companies to expand in city-state
David R Jones in Houston faces an inquiry over romantic relationship with a lawyer
Tim Ryan had been tipped as a potential successor to Bob Moritz as global chair
Tie-up between ‘magic circle’ law firm and US rival creates $3.5bn transatlantic law firm after 99% of votes cast in favour
UK accounting watchdog imposes penalty on Big Four firm over serious failings in UK contractor audit
Bakery chain collapsed in 2019 after uncovering accounting irregularities, leading to 900 job losses
Big Four firm is now seeking to cut costs as demand for consulting work recedes
Jamie Miller was in the role at the Big Four firm for less than six months
The move comes as some firms are slowing recruitment or even cutting roles
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