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New PwC chairwoman Tracey Kennair says she will prioritise promoting diversity and inclusion.

PwC’s first chairwoman pledges to focus on firm’s culture

Just days after a PwC partner left the firm over an alleged sexual harassment scandal, new chairwoman Tracey Kennair has pledged to use her reign to improve diversity and pay equity.

  • Hannah Wootton
Briannah

Disability network helps 2000 students find employment

Briannah Milne secured an internship at a law firm via a program that connects employers to students with disabilities.

  • Michael Pelly
Callum Macdermid quickly progressed from a graduate role to Head Ground Robot Engineer at Australian Droid and Robot.

Australia needs an extra 1.2 million workers – these are the jobs

More than 98,600 technology specialists, 20,400 solicitors and 7700 auditors will be needed, ramping up pressure on employers to offer bigger salaries.

  • Hannah Wootton and Tess Bennett

Herbert Smith Freehills partner profit tops $2m

The global law firm has reported a 6 per cent rise in revenue for 2021-2022 and pushed average partner profit above $2 million.

  • Michael Pelly

Law firms hire a record number of graduates

Some firms have doubled their graduate intakes to boost the talent pipeline and guard against the high attrition rate among junior lawyers.

  • Michael Pelly and Hannah Wootton

Data Trackers

Despite their importance across the economy, the firms remain private partnerships reticent to release information beyond data they are legally obliged to reveal.

Big four consulting firm data tracker

Find out how many partners and staff work at Deloitte, EY, KPMG and PwC, where their fees now come from – and how much partners earn. Here’s everything you need to know.

  • Updated
  • Edmund Tadros and Hannah Wootton
Lawyers have the big four consulting firms in their sights.

Court actions against Deloitte, EY, KPMG and PwC

The big four firms face a range of court actions over their auditing and advisory work.

  • Updated
  • Edmund Tadros and Hannah Wootton

Professional Moves

New RSM partner Nick Webb.

RSM appoints new partners

Accounting firm RSM Australia has appointed more than two dozen new partners during the past year.

  • Edmund Tadros
New William Buck director Garth O’Connor-Price.

William Buck appoints new directors

The accounting firm has appointed 28 new directors over the past year, bringing the size of the leadership group to 118.

  • Edmund Tadros
New KordaMentha partner Sophie Gibbons.

KordaMentha appoints new partners

KordaMentha has promoted 12 new partners to bring the total partnership to 66.

  • Edmund Tadros
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This Month

Are some law firms overshooting on diversity?

The future of gender diversity is among seven takeaways from the latest AFR Law Partnership Survey.

  • Joel Barolsky
KPMG accountants have been cautioned by the accounting industry body against cheating on professional tests.

KPMG accountants cautioned over systemic exam cheating

The accounting industry body issued eight KPMG staff with a caution over the offences, which involved more than 1100 people at the firm.

  • Hannah Wootton
A PwC partner has left the firm following allegations he held dinners where male colleagues rated female staff based on their attractiveness.

PwC partner accused of rating female staff leaves firm

The partner was accused of attending a strip club with staff, including graduates, and taking part in a yearly men-only gathering referred to internally as the “Section 5-5” event.

  • Hannah Wootton
Taxation cuts are not always the answer

ATO may break law by pressing big four on privilege claims: barrister

The warning follows a long legal battle between the ATO and PwC over controversial legal professional privilege claims.

  • Hannah Wootton
M&A activity and demand from government clients drove demand for consulting work last year.

Consulting market rebounds but still below pre-COVID size

The Australian consulting market grew by more than 10 per cent to be worth $US5.2 billion ($7.6 billion) last year.

  • Edmund Tadros
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Greg Yanco says ASIC is furthering its crackdown on poor audit work.

ASIC to name and shame poor auditors to company directors

The watchdog hopes the move will help improve audit quality if accounting firms are held to account by valuable clients for issues with their work.

  • Hannah Wootton
KWM

When a woman says ‘I don’t want a partnership’ start asking questions

King & Wood Mallesons boss Renae Lattey still believes in gender targets, even though her firm missed one for 2022.

  • Michael Pelly
Former Matilda Moya Dodd.

Former Matilda offers soccer lesson for the legal industry

Lawyer and soccer player Moya Dodd thinks a funding rule in the US should be “put to work in the Australian legal landscape”.

  • Michael Pelly
The ratio of women partners has risen to 32.1 per cent, but it’s a slow march to partnerships parity.

Female lawyers to wait another decade for partner equality

The ratio of female partners has risen to 32.1 per cent, but it’s a slow march to partnerships parity.

  • Michael Pelly
Freelancer chief executive Matt Barrie says he finds it “bemusing” his firm remains on a list made by Yale University of companies still operating in Russia.

Australian firm rejects claim of Russia link as ‘bemusing’

Freelancer, an ASX-listed company, is listed as “still operating in Russia” on an engagement tracker run by Yale University.

  • Gus McCubbing
New RSM partner Nick Webb.

RSM appoints new partners

Accounting firm RSM Australia has appointed more than two dozen new partners during the past year.

  • Edmund Tadros
Goanna Group CEO Lisa Sarago.

Why consulting and tech giants are turning to this IT firm

Goanna Group is an Indigenous-owned and operated IT consulting and training firm seeking to increase the representation of minority groups in the sector.

  • Edmund Tadros
Alex Malley has been appointed the CEO of the Australian Chiropractors Association.

Alex Malley rises from the ashes

All these years later, Malley clings to his pitiful delusion, having learnt nothing.

  • Joe Aston
New William Buck director Garth O’Connor-Price.

William Buck appoints new directors

The accounting firm has appointed 28 new directors over the past year, bringing the size of the leadership group to 118.

  • Edmund Tadros
Pwc is investigating a partner over an allegedly threatening phone call.

Male PwC partner allegedly rated female staff with colleagues

The consulting firm put the man on leave over accusations that include a threatening call to a male staff member, and male-only events where women were rated on their attractiveness.

  • Edmund Tadros
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EY has been fined for misleading regulators in the US.

EY warns Australian staff on exam cheating

EY Australia’s leaders will re-assess the way its local personnel take internal and external exams to ensure that the cheating uncovered by US regulators at the firm’s North American operation does not happen locally.

  • Edmund Tadros

EY split: partners briefed on the pitch to staff for a listed firm

EY staff will be told there will be a faster path to partnership if firm floats its advisory arm, according to a partner briefing at the big four consulting firm held overnight.

  • Edmund Tadros
Leanne Walker at the family brewery and taproom, Sunday Road

How a brewery helped this corporate lawyer craft a ‘balanced’ life

A project started in the garage with about 100 trial brews has grown as the children grow - and is now an award winner.

  • Michael Pelly
NSW Auditor-General Margaret Crawford has found serious flaws in the state’s management of consultants.

NSW government ‘over-reliant’ on consultants: auditor-general

The NSW government’s “over-reliance” on consultants is wasting public funds, and the way external advisers are hired and managed needs an overhaul, according to NSW auditor-general Margaret Crawford.

  • Edmund Tadros

June

Tess Birch

This lawyer moonlights as a stand-up comedian

Tess Birch is a planning and environment lawyer at Ashurst and an emerging comedian who does about three gigs a week.

  • Michael Pelly