Procurement specialists say market for ‘framework agreements’ is insufficiently regulated and raises cost to taxpayer
Brent Wisner, who won billions of dollars against Bayer, has received a big boost in Zantac cancer case
Consulting firm aims to hire ‘hundreds’ of partners and staff to increase deal advisory work
This monthly series, now in its third year, examines how the legal ecosystem is using new technologies to serve fast-changing business needs. Part 2: Disrupters disrupted? Generative AI challenges alternative legal services providers
Some companies’ legal heads and law firms say bringing tools in-house will reduce reliance on outside suppliers
Disruption is coming to bite the industry that made a cult of it
‘Magic circle’ law firm latest to wade into fresh war for talent
More practices are closing offices in China’s largest city as corporate work and M&A deals dry up
London firm increases salaries to compete with US rivals
Accounting firm under cloud over audits of distressed property developer Evergrande and faces severe penalties
Plus, David Rubenstein’s daughter faces backlash in Alaska and the knock-on effects from private equity’s lack of exits
The UK needs more sceptical auditors and a tougher regulator
US law firm is winning coveted mandates for blue-chip clients in Britain
Tie-up is biggest strategic change at accounting and consulting group since Jon Holt took over as UK chief executive in 2021
US law firms in the City of London have raised the benchmark for newly qualified professionals
Dealing with political, regulatory and technological matters is increasingly part of the job for in-house lawyers
Head of business restructuring, Mark Shaw, elected new managing partner
After numerous scandals, regulators say it’s the auditors who need to be examined more closely
Role in approving accounts has led to infighting at Big Four firm as clients reconsider relationship
Plus, Inter Milan’s owners face approaching debt deadline and the private credit backing Johnson & Johnson’s talc lawsuits
Co-head of financial institutions practice David Hepp heads off to Paul Weiss
Rates for newly qualified lawyers have become a proxy for firm quality
Three in four audit reports did not provide alerts that companies risked going bankrupt, think-tank finds
Wall Street firms such as Fortress are backing legal showdowns against big companies
‘Magic circle’ firm matches Freshfields’ recent move as talent war heats up
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