Revenue up strongly but profits flat at Deloitte

Deloitte have revealed revenue growth of 11.2% to £3.4bn in their financial results for the year ended 31 May 2017. This is up £340m from last year, with revenue increasing from £3.04bn to £3.4bn. This is the second consecutive year…

PwC targets high growth areas for 52 new Partners

PwC has appointed 52 new equity partners in areas of high growth, including technology, deals and private business. Of these new equity partners, 31 are newly promoted, effective from 1 July, and 21 have been recruited externally over the past…

Linklaters’ Profit per Equity Partner (PEP) breaks through £1.5m

Linklaters has become the first magic circle firm to announce its 2016-17 results, posting a 7.8% hike in profits per equity partner (PEP) alongside a revenue rise of almost 10%. The magic circle firm’s PEP has risen to £1.568m, up…

What’s driving change in the audit environment?

Robert Dohrer of RSM International examines how the use of technology and the changing views of regulators towards technological change are the driving forces of the audit industry. If you have ever purchased a new car, the chances are you…

Midlands accountancy firm creates 68 new jobs to support growth

ACCOUNTANCY firm PKF Cooper Parry has announced 68 new appointments across its two Midlands offices as it embarks on a new phase of its growth.The firm, which this month celebrates the first anniversary of its merger with Birmingham-based Clement Keys,…

Job losses confirmed at major law firm

LAW firm DLA Piper has confirmed the extent of job cuts to business services roles across its UK operations, with more than 20 jobs to go in Birmingham. In May, DLA announced that around 200 UK jobs were to be…

Profits break £10m in Gateley’s first post-IPO results

LAW firm Gateley has reported a “strong” performance in its maiden year as a public company. The Birmingham-based firm raised £30m through its IPO last June, when it became the first law firm to go public. Since then it has…

Gateley revenues to hit £66m

Gateley, which last year became the first law firm in the UK to go public, has revealed revenues are expected to hit £66m for its 2015/16 financial year. In a trading update for the 12 months to 30 April 2016,…

DLA Piper to cut up to 200 support jobs

Global firm looks to slash up to 18% of its support staff in the UK following a review of its business support functions DLA Piper is to cut up to 200 business support jobs in the UK, following a review…

Birmingham Law Society appoints new president

BANKING specialist John Hughes has been appointed as the new president of Birmingham Law Society.  Mr Hughes, a consultant at Shakespeares Martineau, is the society’s 121st president and succeeds Mushtaq Khan. A Liverpudlian by birth, he has been practising as a…