Industry news

  • 22 Aug 2023 8:23 AM | Shivani Kaura (Administrator)

    At least one in four top commercial law firms expect generative artificial intelligence to replace jobs within their firm within the next five years.

    In the latest survey, Reed Smith, Hogan Lovells, Stephenson Harwood, and Charles Russell Speechlys all said they expected internal jobs to be replaced by the technology.

    Read the full article on here.

  • 21 Aug 2023 1:10 PM | Shivani Kaura (Administrator)

    Tech buying decisions are complex and finely balanced. Commercial considerations of efficiency, productivity and the ultimate impact on bottom line must be balanced with vendor and partner relationships, integration with legacy infrastructure and security.

    However, many technology departments and organisations now include sustainability considerations (and often wider ESG criteria) when issuing tenders and also at the earlier stages of building strategy.

    Read the full article on Computing here.

  • 16 Aug 2023 4:29 PM | Shivani Kaura (Administrator)

    Companies have committed to being more diverse, inclusive, and equitable, but many struggle to make significant progress in these areas. Here’s how they can meet DEI ambitions—now and in the longer term.

    Five steps are critical for setting and achieving successful DEI strategies.

    1. Aspire. Align on the vision.
    2. Assess. Build the fact base.
    3. Architect. Develop the plan.
    4. Act. Mobilize capabilities and resources.
    5. Advance. Measure progress to scale and sustain momentum.

    Read the full article on McKinsey & Co here.

  • 14 Aug 2023 8:28 AM | Shivani Kaura (Administrator)

    Global law firm DLA Piper has appointed a projects and infrastructure partner from big four accounting firm PwC, who will be based in its Melbourne office.

    Luke Westmore has joined DLA Piper, having come over from PwC Legal

    Mr Westmore stated: “The firm offered a clear strategy  which focused on their sector strengths and commitment to ESG, which aligned with my outlook and values.”

    Read more on Lawyers Weekly here.

  • 10 Aug 2023 10:57 AM | Shivani Kaura (Administrator)

    KPMG employees donated their time to over 475 nonprofits for the firm's second Community Impact Day, an annual volunteer day of community service.

    On August 1, over 21,000 people volunteered with a wide range of organizations including Boys and Girls Scouts, American Heart, Junior Achievement, and Big Brothers Big Sisters of America, which already collaborate with KPMG all year long. According to Jennifer Flynn Dear, Community Impact Day managing director, it's all about finding what issues are important to employees and putting their skills in the service of others.

  • 10 Aug 2023 10:49 AM | Shivani Kaura (Administrator)

    The days of tax being just a private compliance issue for tax teams are long gone; tax transparency is now a core pillar of sustainability, say Jenny Wong of KPMG Australia and Loek Helderman of KPMG International.

    One of the key topics featured at the summit was navigating ESG and the tax environment. KPMG professionals discussed how tax transparency is now a core pillar of sustainability, leading to a movement of new global standards.

    Read more on International Tax Review here.

  • 10 Aug 2023 10:01 AM | Shivani Kaura (Administrator)

    London HQ’ed supply chain startup has raised £900k in follow-up seed funding from investors, bringing the total raised to £1.2m.

    Investment into improving Supply chain productivity and resilience is going to be big business over the next few years. The maturing use of AI, centralised data platforms and automation technologies in particular are increasingly important for organisations who are struggling from inflation cost pressures, business disruption and skill shortages.

    Read more on TechMarketView here.

  • 8 Aug 2023 8:51 AM | Shivani Kaura (Administrator)

    Czech billionaire Daniel Kretinsky is in talks to buy Atos's loss-making legacy operations in a 2 billion-euro ($2.20 billion) deal that will refocus the struggling French company on its cybersecurity and cloud assets, and cut its debt.

    Kretinsky, who made his fortune in the energy sector, is expanding his vast empire in Europe and has been on a buying spree in France, setting his eyes on assets ranging from French retailer Casino to Vivendi's publishing group Editis.

    Read the full article on Reuters here.

  • 8 Aug 2023 8:44 AM | Shivani Kaura (Administrator)

    Twitter's abrupt rebrand to X came out of the blue on July 23, causing widespread confusion among its 240 million global users. But the reasons, which Elon Musk had hinted at last year, eventually came to the surface.

    The most succinct explanation came from Musk himself in the Tweet (or is that Xeet?) below. In it, he explains that X Corp (the company formerly known as Twitter) bought the social network "as an accelerant for X, the everything app."

    Read the full article on TechRadar.

  • 13 Jul 2023 3:33 PM | Shivani Kaura (Administrator)

    EXL, a leading data analytics and digital operations and solutions company, announced the appointment of Vishal Chhibbar as executive vice president and chief growth and strategy officer.

    In his new role, Chhibbar will draw on his leadership experience, financial expertise, and knowledge of EXL’s business to spearhead EXL's growth, overseeing areas such as strategy, marketing, sales governance, mergers and acquisitions and partnerships.

    Read more on GlobeNewswire here.

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