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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Emma Sleep agrees to change ‘illegal’ sales practices following court settlement

May 28, 2026

The Competition and Markets Authority (CMA) has agreed a partial settlement with mattress company Emma Sleep after it admitted to breaking consumer law over its pricing tactics. The settlement is legally binding, so if Emma Sleep fails to comply, it “could result in contempt of court proceedings, potentially leading to significant penalties,” the CMA said. [...]
Elite law firm to splash £370m on building own AI tool

May 28, 2026

The world’s largest law firm by revenue, Kirkland & Ellis, is investing £370m ($500m) to develop its own custom-built AI platform, challenging competitors that rely on widely used third-party AI tools. The US-based firm, which has a large office in the City, said it plans to spend hundreds of millions over the next three to [...]
‘Outdated’ consultancy sector faces a reckoning as AI rips up the old model

May 27, 2026

For years, the consultancy sector has relied on a traditional model and profitable formula: retained clients, billing time and upselling clients. Another crucial element has been the blend of ‘senior counsel’ supported by a team of juniors carrying out research and compiling reports. But the rug is being pulled from under this model and a [...]
Octopus acquires legal team to boost bereavement services with AI

May 27, 2026

Octopus Legacy, a bereavement service owned by Octopus Group, has acquired a private client team from a large UK-based law firm as part of a push to speed up its services using AI. The company’s legal arm, Octopus Legal Services, has taken on a team of 50 legal professionals from NewLaw Solicitors in “a significant [...]
Top City law firm slammed for ‘misleading’ AI letters sent to court

May 26, 2026

A well-known London-headquartered law firm has been criticised by a High Court judge after a lawyer sent the court AI-generated letters containing false legal information. A judgment handed down on 22 May found a junior solicitor at Pinsent Masons used AI to draft two “misleading” emails containing so-called hallucinations sent to the High Court [...]
US law firms jostle for highest-stakes London disputes

May 25, 2026

US law firms are securing some of the biggest legal disputes in London and positioning themselves at the top of the litigation food chain, according to a new report from consultancy Solomonic. Over 100 US legal outfits have “evidently established themselves as a go-to choice for the most complex, highest-value and most trial-intensive disputes in [...]
Ex-KPMG led accounting giant stalls £1bn sale

May 25, 2026

One of the UK’s largest accounting firms founded by a former KPMG head has put a £1bn auction on hold despite receiving a wealth of interest from investors. Sumer, a ‘consolidator’ firm that buys majority stakes in smaller independent accounting companies, had hired advisors at boutique advisory Continuum last September to oversee a review on [...]
Palantir ‘should challenge Sadiq Khan in court’ over blocked Met Police contract

May 25, 2026

American tech firm Palantir should challenge Sadiq Khan in court after the London mayor blocked a £50m contract with the Metropolitan Police, former government legal officer Sir Michael Ellis has said. Sir Michael Ellis KC, a former Tory attorney general under Liz Truss, said Khan’s decision is “an extraordinary intervention, which may be susceptible to [...]
Accountants ‘still in high demand’ despite AI impacting sector

May 22, 2026

Accountants in the UK are still in high demand despite the impact of AI on the sector, according to new research from the Institute of Chartered Accountants (ICAEW). The body, which regulates and supervises around 12,000 accountancy and audit firms in the country, said that accountants “are still in high demand” even as AI reshapes [...]
Middle East conflict revs up costs for young drivers

May 21, 2026

Costs for drivers under the age of 25 are rising despite a drop in insurance premiums, largely driven by fuel hikes from the fallout of the Middle East conflict. Fuel costs for young drivers rose by 18 per cent in 2026 compared to 2025, with the average annual bill spiking from £833 to £981, according [...]

‘There’s a kind of romance to it’: Cubitts opens King’s Cross hub on site of Victorian stables

Brentford in talks to host Shakhtar Donetsk Champions League fixtures

New City venue rethinks competitive socialising… again

By: Rosie Harris-Davison

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