The use of foreign venues is the new frontier for debt restructurings at American companies
The firm’s lockstep pay structure looks quaint as fierce rainmaker poaching wars reshape the sector
Investment manager uses ownership structure designed to work around profession’s ban on outside equity capital
Reliance on external advisers has drawn criticism for potential conflicts of interest
With fewer than 300 lawyers, Wachtell racked up bumper profits and exercised outsize influence. Now its model is being challenged as never before
Big Four accountancy balks at high cost of medication it says has become ‘cultural phenomenon’
Hedge fund Black Diamond claims at least $70mn in damages against audit firm
A steep increase in ‘vibe litigation’ appears to be expanding the market for legal activity
Pentagon consolidates work in push to modernise its accounts following years of failed inspections
Former executive told investigator examining company’s failure that firm had ‘most unsophisticated’ process
Private equity-backed accounting group vies with UK business to create international network
Unnamed plaintiff and her former lawyer at Wigdor censured but can continue assault case against billionaire former Apollo chief
Some employers will cover costs of returning to Gulf for lawyers who relocated after outbreak of Iran war
Professional service firms appear to be braced for flatlining growth
Move is a departure from the practice of simply asking underperforming senior partners to retire
Cull comes after years of low uptake for voluntary retirement scheme
Tech group will tap ‘magic circle’ law firm’s expertise as it builds products that can be sold to rivals
Big Four firm also faces six-month ban on new clients related to its work on failed property developer’s books
Regulatory scrutiny over operations — down to office seating plans — is price to pay for firms wanting to do business in the country
Firm whose partners bill more than $2,000 per hour apologises to judge for software-driven errors in bankruptcy case
The more upmarket the staffing service, the better the chances of weathering the change
Companies are also watering down ESG elements of pay plans as boards reassess whether such awards ‘make sense’
Likely replacement quits after board extends longtime leader’s contract to 2029
The Trump administration’s approach to justice has made life quieter for those who defend alleged financial criminals
PageGroup chief warns Iran war has heightened uncertainty in hiring outlook for rest of the year
