1
2
3

Firm Gossip Archive

Page 50 of 50« First...102030...4647484950

High Price Paid by Junior Staff as PriceWaterhouseCoopers Axes Many Staff

21 November 2008

Confirmation today that PWC, the 'big four' accounting firm, has been forced to shed staff in response to the dire economic times. An incredible 30 staff have been made redundant in a move that as ...

Read more

Minter Ellison ‘Remember Me’ Shame; An Alumni Network PR Stunt to Forget

27 May 2009

Just one week after unceremoniously sacking dozens of workers, Minter Ellison has made the nauseatingly ill-timed decision to publicize its alumni network 'Remember Me'. In an article appearing ...

Read more

KPMG Announces Redundancies; 99 Sackings Take Total to 200 Lay Offs

8 April 2009

It is with a sense of regret that the Firm Spy, cap-in-hand, confirms a prediction we made off-handedly in February this year. On 14 February, we wrote a short post updating readers about the ph...

Read more

The Phillips Fox(t)rot; Adelaide Office Gains Financial Independence

26 March 2010

We reported last week that full merger talks between Australian law firm DLA Phillips Fox and its international affiliate DLA Piper had been thwarted. That is, the incoming Phillips Fox Chief Executive Partner Tony Holland hadn't yet had an opportunity to get across "the financials" of the merger. Tony's task of getting across these mysterious "financials", apparently just got a little easier. If our anonymous DLAPF spy is to be believed, he ought to consign the figures coming from his Adelaide office to the bin: DLAPF/DLA Piper merger? DLAPF Adelaide is now financially independent of the wider firm. It happened a couple of months ago, very quietly. Very quietly indeed! We certainly haven't read anything in the press. This news is at odds with the firm's Australian website which pr...

Read more

Deloitte’s Rumoured Secret-Sackings Intensify as GFC Strikes

9 June 2009

Ever since we revealed rumours that suggested Deloitte has been underhandedly managing people out of the firm, rather than forthrightly announcing redundancies, we have received a flood of emails f...

Read more

ANZ Announces Hundreds of Reudundancies After Several Months of Rumoured Hushed Exits

18 January 2012

The year has opened on a gloomy note indeed for those in Australia's financial sector with news earlier this week that ANZ intends to drastically shave headcount. On Tuesday, the cuts got underway ...

Read more

Rumour; Clifford Chance to Open Australian Office in 2010 With… Mallesons Partners

18 June 2010

At various times in the last year we have reported rumours that Clifford Chance and Mallesons have been toying with the idea of a major international merger. As recently as May we reported the rumour that Mallesons was in renewed discussions with Clifford Chance, following the breakdown of merger talks in late 2008 by reason of the then emerging GFC. Today, we can report the most compelling (and in our opinion most logical) rumour yet - that Clifford Chance will open shop in Sydney later this year, on its own terms.  And yes folks, the bidding war for profitable Australian partners is set to begin. We received the following anonymous comments from a Clifford Chance spy a couple of days ago: 'which magic circle firm is now well past the due diligence phase of orchestrating it...

Read more

Ex-Deacons, Minter Ellison Lawyer Melissa Hammett Makes Contact

16 December 2009

Attractive. Intelligent. Successful. Funny. Endearing. These are but a few of the adjectives that we would use describe the delightful, yet surprisingly unlucky-in-love former Deacons/Minters la...

Read more

Aussies Earning Big Bucks Overseas Despite Domestic Economic Prosperity

13 October 2010

We spied an interesting article in the AFR last week profiling the huge dollars Aussies are currently earning abroad. We were particularly struck by the reported figures because whereas Australia i...

Read more

Succession of Deloitte Voicemails Create Pay Freeze Confusion

27 November 2009

We reported several weeks ago the technonological indiosyncracy of Deloitte - "send the punters voicemails, that way a bad news email cant be flicked to media". This is excellent in theory but in practice, if you've got a catalogue of disgruntled employees feverishly transcribing the contents of the voicemail, then, bad news can still travel fast. Take, for example, the horrible news that a couple of Deloitte workers were reportedly sacked for organising a weekend bag of sniff over a Deloitte-owned communication device. We received the following message from an anonymous Deloitte spy a few days ago: Hi, I am a new follower of firmspy and this is my first contribution. My latest news is about Deloitte. Recently, we received two voicemails from Keith Skinner, CFO, (both on Frida...

Read more