Accounting giant PwC has been accused of improperly using lawyers to provide tax advice to multinational clients for the sole purpose of invoking legal privilege to deny authorities access to documents during tax audits. The Australian Tax Office launched a lawsuit against big four accounting firm PwC last June to […]
lawyers
As tax deadline looms, NDP, lawyers, financial experts warn of effect on CERB recipients
The NDP and Legal Assistance of Windsor are calling for the federal government to exempt low-income individuals and families who received the Canada Emergency Response Benefit — but didn’t actually qualify — from having to pay back that money. And some financial experts are warning that people who received it properly may not have planned […]
Lawyers Go to Austin, Texas for Business, Stay for the Lifestyle
Large law firms are flocking to Austin, Texas, lured by tech companies such as Tesla Inc., Apple Inc., and Oracle Inc., and the realization that lawyers want to live there. In 2021 alone, large firms Kirkland & Ellis, Quinn Emanuel, Urquhart & Sullivan, and O’Melveny & Myers announced Austin office […]
Golden handcuffs: dealmaking lawyers weigh up their own Faustian bargains
Executive Pay updates Sign up to myFT Daily Digest to be the first to know about Executive Pay news. Sympathy for lawyers on a starting salary of $200,000 straight out of law school is scant at the best of times. And these are not the best of times. US firms’ […]