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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 69 Articles
  • 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 [...]

  • Mike Ashley appeal case confronts ‘unjust’ trademark claims

    April 21, 2026

    Billionaire businessman Mike Ashley‘s company, Sports Direct, is back before the court today as it seeks to challenge damages awarded in a trademark infringement claim. The appeal follows a long-running dispute between Sports Direct and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which claimed Sports Direct had infringed its trademark through products [...]

  • As private equity booms, law firm partner moves hit record high 

    April 21, 2026

    Partner moves in London’s private equity market are hitting a new high, according to a report that revealed last year’s numbers doubled those of 2024, marking a record for the City’s legal sector.  New data from legal search boutique Macrae shows there were 50 movements of partners with practices in the private equity sector in [...]

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