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EY split: Firm earmarks $3.6b for consulting arm M&A splurge after planned split

The war chest will allow the new company, which EY is aiming to float in New York, to double the pace of dealmaking as it battles to win market share from its big four rivals and standalone consulting firms. ....

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Does Biglaw Need Less Lawyering?

How EY’s spin-off announcement is part of a trend that puts the classic Biglaw paradigm at risk. ....

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What's keeping in-house teams up at night?

What's keeping in-house teams up at night?
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Legal departments face rising tide of challenges in their transformation efforts, EY Law and Harvard Law School Center on the Legal Profession survey finds

Legal departments face rising tide of challenges in their transformation efforts, EY Law and Harvard Law School Center on the Legal Profession survey finds
- 75% do not expect budgets to keep pace with growing workloads
- 57% of business development leaders say inefficiencies in the contracting process have slowed revenue recognition
- Few General Counsel are very confident in their department s ability to identify, measure and manage complex risk
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LONDON, April 7, 2021 /PRNewswire/ Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession. The results come as workloads are expected to rise by 25% over the next three years, with anxieties surrounding reven ....

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Legal departments face rising tide of challenges in their transformation efforts, EY Law and Harvard Law School Center on the Legal Profession survey finds

Legal departments face rising tide of challenges in their transformation efforts, EY Law and Harvard Law School Center on the Legal Profession survey finds
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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