By: Maria Ward-Brennan

Professional Services Editor Maria Ward-Brennan is the Professional Services Editor at City AM, focused on law, Big Four, and other management and accounting consulting firms. She was previously a litigation reporter at The Lawyer. Contact her via email at maria.ward-brennan@cityam.com or X (Twitter) @MariaW_B.

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London’s Big Law hires near record level despite recession

March 5, 2024

Law firm partner hires in the first two months of 2024 ran at the second highest pace on record. According to data provided by legal recruiter, Edwards Gibson, there were 101 law firm partner moves in the first two months of this year, an increase of 7 per cent on the number of hires the [...]
Appeal: HMRC faces off Blackrock over transfer pricing

March 5, 2024

Blackrock Holdco 5, LLC was a structure used by Blackrock when it acquired the North American investment management business of Barclays Global Investors from Barclays Bank in December 2009.
Former Autonomy boss Mike Lynch settles data claim with SFO days before trial

March 5, 2024

Mike Lynch, the former boss of software firm Autonomy, has settled his lawsuit with the Serious Fraud Office (SFO), days before the parties were due in court. Lynch filed a data lawsuit against the UK’s fraud agency at the end of January, ahead of his criminal trial in the US. According to his claim form [...]
Former Axiom Ince lawyer rebuked after failing to take client instructions

March 5, 2024

Sidhu, who is now a solicitor at Taylor Rose's Ealing office, was investigated by the Solicitors Regulation Authority (SRA).
London chain Vagabond Wines asked court to appoint administrator

March 4, 2024

London-based wine bar chain Vagabond Wines has asked the High Court to appoint an administrator.
Dentons accused of anti-money laundering failures when representing a ‘politically exposed’ client

March 4, 2024

The largest law firm in the world, Dentons, is defending itself against allegations from the legal regulator that it breached anti-money laundering regulations when acting for a client. Starting on Monday, the law firm was at the Solicitors Disciplinary Tribunal (SDT) over allegations that the law firm failed when acting for a politically exposed person [...]
Court pauses civil case against WealthTek so FCA can prioritise criminal probe

March 4, 2024

Civil litigation against financial adviser Wealthtek and John Dance was ‘stayed’ by the High Court in order for the regulator to prioritise criminal investigation. The regulator took action against WealthTek last April in order to “protect consumers following the identification of serious regulatory and operational issues”. The Financial Conduct Authority (FCA) order the firm to [...]
Regulator hits KPMG and partner with near £2m in sanctions over M&C Saatchi scandal

March 4, 2024

The accountancy regulator has fined KPMG and a partner over its audit of advertising agency M&C Saatchi. Back in 2019, the Big Four firm resigned as the ad giant’s auditor amid an accounting scandal which saw the company set aside £6.4m after it had spotted an error in its accounts. The business had also overstated [...]
Ministry of Justice set to introduce new law on litigation funding

March 4, 2024

The Lord Chancellor and Justice Secretary Alex Chalk is set to introduce a new law to make it easier for the public to secure financial backing when launching claims against big businesses. The Ministry of Justice (MoJ) unveiled its plans on Monday that a new law will be introduced to address the issue of litigation [...]
Here are the new powers for Companies House that come into force today

March 4, 2024

The first set of powers from the Economic Crime Bill is set to come into force on Monday, as changes to Companies House come into play.

Labour ‘failing’ renters: Brits work for 133 days to pay landlords

Ryder Cup captain Donald did not broker Rahm peace deal

Team behind BuzzBallz launch new shots – available in London off-licences now

By: Maria Ward-Brennan

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