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By: Rosie Harris-Davison

News Reporter Rosie Harris-Davison is a News Reporter in the Professional Services team, covering the Big Four, law, advisory, and beyond. She previously wrote about tech policy, regulation, and litigation for specialist legal publication Lexology. Email Rosie at rosie.harris-davison@cityam.com.

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All 32 Articles
  • General counsel ‘evolving from traditional legal gatekeepers’, says KPMG’s legal arm

    April 29, 2026

    General counsel responsibilities are evolving beyond just providing legal oversight as regulations “become more complex and demanding”, according to a new report from the Big four giant KPMG’s Law arm. A whopping 75 per cent of the general counsels surveyed by the firm reported to be “frequently providing advice on issues outside of their legal [...]

  • John Lewis hit with click-and-collect lawsuit 

    April 28, 2026

    John Lewis is being sued by the owner of London’s Brent Cross shopping centre over claims it should pay for online sales collected in store on top of its annual turnover, despite the lease being signed decades before the surge of online shopping.  Hammerson and Standard Life Investments, the property company which operates the North [...]

  • Barristers that ‘failed in duties’ to face probe over Post Office scandal

    April 28, 2026

    Barristers who ‘failed in their professional duties’ when representing the Post Office during the Horizon IT scandal will face potential disciplinary action, the watchdog has warned.  The Bar Standards Board (BSB), which oversees more than 18,000 English and Welsh barristers, said it currently has ten live investigations into possible misconduct, which are “progressing”, and added [...]

  • Law firm ‘hopeful’ staff are back in Middle East office in May

    April 28, 2026

    A major US law firm with a large London headcount is ‘hopeful’ staff will be returning to their desks in its Middle East office in less than a week, City AM understands.  The firm is keen for lawyers to return to their seats in the Abu Dhabi office from 4 May, and has agreed to [...]

  • Big Four giant EY set to bolster AI recruitment 

    April 28, 2026

    Big Four giant EY is moving to hire a new team of senior AI recruits across the UK and Ireland to work directly with clients, in a push to meet “growing demand” to use tech across the board.  EY said the new hires, known as ‘forward deployed engineers’, will be working within client teams at [...]

  • Golden partnership perks? Not anymore, say the Big Four

    April 27, 2026

    As the Big Four giants grapple with profitability challenges, the traditional partnership model is undergoing significant change to prevent the profit pool from being diluted. The traditional dream at professional services firms – joining, working hard and climbing the ladder to partnership within an LLP structure – now looks very different at the Big Four [...]

  • Big Four giant KPMG downgrades equity partners 

    April 24, 2026

    Big Four giant KPMG has begun demoting UK senior equity partners – members who hold a stake in the firm and share its profits – and instead offering them lower status salaried partner roles.  KPMG, which last year paid its equity partners on average £800,000 each a year, has reportedly been inviting the partners for [...]

  • ‘Wake-up call’ for UK financial firms as internal control failures drive £1bn fines

    April 24, 2026

    UK financial services firms, which faced £1bn worth of fines since 2021 for internal control failings, should be “seriously concerned”, says the Chartered Institute of Internal Auditors (CIIA).   More than half of the 97 Financial Conduct Authority (FCA) enforcement cases analysed by CIIA relate to firms “not getting the basics right”, with many linked [...]

  • Proposed consumer lawsuit regime may expose businesses to mass litigation

    April 22, 2026

    The UK government’s proposal for a class-action scheme that allows consumers to collectively sue businesses could wreak havoc if greenlit, as businesses could face ‘increased litigation risk’. The Law Commission, sponsored by the Ministry of Justice (MoJ), proposed project, expected to commence in Autumn 2026, will identify the benefits and risks of introducing a more [...]

  • End of the runway for Gatwick as top court kicks out insurance lifeline 

    April 22, 2026

    Gatwick Investment’s appeal against insurance giant Liberty Mutual has been struck down over whether insurers can deduct government furlough payments from business claims.  The Supreme Court ruled that insurers do not have to pay an estimated £1bn to the hospitality and leisure companies involved in the case that suffered financial losses during the pandemic because [...]

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