Share to Twitter Share to Linkedin EY’s leadership recently green lighted a major restructuring, ending months of heated speculation. The plan has two key prongs: (1) EY’s audit and advisory businesses will split; and (2) the advisory business will replace its partnership model with a publicly traded corporate structure. The restructuring presents a unique opportunity for EY Law to expand the scope and meaning of “ legal services ,” reinvent how they are delivered , broaden the range of legal careers for licensed attorneys and allied legal professionals , and extract greater value from the legal function by aligning and integrating it with business. EY has the potential to change the legal delivery paradigm by providing multidisciplinary, vertically-integrated business, technology, and legal solutions. This will benefit its customers as well as the broader business community. It will also offer new career options for licensed attorneys, … [Read more...] about Will EY Law Change The Legal Delivery Paradigm?
Women owned law firms
Share to Twitter Share to Linkedin Royalty Free Getty The legal profession and the trillion-dollar global industry are undergoing a transformation. The seminal elements of legal practice—differentiated expertise, experience, skills, and judgment—remain largely unchanged. The delivery of legal services is a different story altogether. New business models , tools, processes, and resources are reconfiguring the industry, providing legal consumers with improved access and elevated customer satisfaction from new delivery sources. Law is entering the age of the consumer and bidding adieu to the guild that enshrined lawyers and the myth of legal exceptionalism. That’s good news for prospective and existing legal consumers. The news is challenging for law schools, most of whom seem impervious to marketplace changes that are reshaping what it means to be a lawyer and how and for whom they will work. The National Advisory Committee on … [Read more...] about What Are Law Schools Training Students For?
Share to Twitter Share to Linkedin John Curtius is departing Tiger Global as the prolific investment firm continues to mark down its holdings in private tech companies. The Midas List investor is leaving Tiger Global in a transition now underway, the firm told investors in a quarterly letter on Monday obtained by Forbes . Curtius will “work closely with other investment team members over the coming months as we transition his responsibilities,” the firm wrote. “We are grateful for all his contributions to Tiger Global and have appreciated his work ethic and intellect.” The letter made no mention of Curtius’ plans after Tiger. But Curtius expects to launch his own firm called Cedar Investment Management upon his final departure in June 2023, a source with knowledge of his thinking told Forbes . The move comes as Tiger Global’s multi-billion public funds continued to generate losses in the third quarter, the firm’s letter said, in part due to … [Read more...] about Midas List Investor John Curtius Is Leaving Tiger Global Amid Firm’s Ongoing Startup Slump
Captain Zoya Agarwal (Photo courtesy @ZoyaCaptain/Twitter) Popularly known as #bharatkibeti, Captain Zoya Agarwal is a renowned aviator with several honours and awards to her credit. Professionally, she is an Indian commercial pilot and commander who has flown for Air India since 2004. Her talks on channels, such as Ted/TedX, BBC, CNN, Forbes, are a source of inspiration not only to aspiring female pilots and the young generation, but to all those who dare to dream but are held back by others' and their own scepticism. Edited excerpts: Tell us about your educational background and professional ambition. Hailing from a middle-class family, my dream of becoming a pilot was received with a lukewarm response from my parents. After completing high school, I pursued two full-time courses for three years. During the first half of the day, I focused on a science degree at St Stephen’s College and then dedicated the latter half of the day to aviation classes. I remember studying … [Read more...] about Captain Zoya Agarwal: ‘I’ve had to really fight to show the power of women in the aviation sector’
Share to Twitter Share to Linkedin To make gains and be ahead of the masses in the stock market, I frequently say, look in places that others are not looking. Further, smart investing is about looking in the right places. It’s not about being first contrary to popular belief. The rub? You usually have to do a little more work and that doesn't fit well with most investors these days who are after a quick profit. Monitoring company executives buying and selling their own shares is an absolute must for our firm and clients and an essential ingredient to analyze when approaching an investment. I mean, why wouldn’t you want to buy and sell with the people who actually know what’s going on in their company? Of course you would, but the interpretation and mimicking of their stock transactions can leave you with big losses if you fail to do the analysis and just blindly do what they do. Lets clarify the concept of trading by company executives in their own shares, … [Read more...] about The Stock Market Will Only Bottom When Company Executives Start Buying Their Own Shares. They Are Not.
Share to Twitter Share to Linkedin The first topic of conversation at one of Silicon Valley’s most exclusive dinners is usually the table. Made of a deep brown walnut, the table isn’t oval or square but a distinctive asymmetrical rounded triangle inspired by the French designer Jean-Marie Massaud. It’s been custom-built for its hosts, Benchmark Capital, which uses it for partnership lunches and semi-secret weekly dinners with select members of the Valley’s brain trust. The events are exclusive salons that tackle everything from the future of mobile computing to the features that drive Twitter’s success. “The table’s dimensions make it perfect for seven people to all speak together,” says Bill Gurley, the firm’s longest-serving active partner. Giving everyone not just a voice but an equal voice is Benchmark’s stock-in-trade. Unlike most of its rivals Benchmark is deliberately egalitarian. There are no junior or senior partners, only partners, and no one plays a … [Read more...] about The Benchmark Way: Five Partners Who Make Other VC Firms Look Outgunned And Overstaffed
- A + A JAKARTA (Oct 3): Financial services firms in Indonesia have been ordered to intensively analyse various scenarios in which US dollar exposure and high energy prices could impact their performance, the sector regulator said on Monday (Oct 3). Financial Services Authority deputy chair Mirza Adityaswara said at a news conference that firms have to closely monitor their exposures through bonds and foreign exchanges. "We also asked the firms to pay attention to loan risks in sectors that consume high energy...and those firms whose performance is closely linked to the cycle of commodity prices," he said. "Debtors who don't have revenues in dollars should be careful." The measure follows a recent government order for state-owned enterprises to reduce US dollar exposure by diversifying their sources of funds to currencies other than the US dollar. The rupiah weakened 0.49% by 0736 GMT on Monday to 15,300 per dollar. Earlier in the session, it hit 15,305 per … [Read more...] about Indonesia orders financial firms to ‘intensively’ analyse dollar exposure
Share to Twitter Share to Linkedin Lee Henderson : Fervent supporter of young entrepreneurs and their businesses. Connector of the entrepreneurial ecosystem. From financial services organizations to high-tech startups, diverse entrepreneurs led or owned 18% of all businesses nationwide in 2018, generating significant economic output. But too often, Black or Latino CEOs and founders are referred to as “small-business owners,” even if their valuations show high-potential growth. This term minimizes and mischaracterizes their outsized influence. When entrepreneurs of color are incorrectly and overwhelmingly perceived as “small,” it can reinforce systemic inequities and long-standing discrimination. Investors and consumers alike play a role in addressing entrenched disparities, and rightly acknowledging diverse entrepreneurs’ far-reaching impact is only the start. According to an EY study, 93% of Black and Latino entrepreneurs worried that … [Read more...] about 3 Ways To Bolster Diversely Owned Or Operated Businesses
Share to Twitter Share to Linkedin A startup company called Wondermind wants to help you get mentally fit. The website, cofounded by singer and actress Selena Gomez, her mom, Mandy Teefey, and newsletter entrepreneur Daniella Pierson , stresses mental fitness. Its underlying philosophy is that mental wellness requires daily effort—the same way that achieving physical fitness requires regular exercise. The company, first announced in November 2021, raised $5 million in August from Serena Williams’ venture capital firm Serena Ventures, valuing the pre-revenue startup at $100 million. So far visitors to the Wondermind’s website have signed up for its emails, which the company says it’s sending to 500,000 people. Today Wondermind is announcing the launch of its website. Its goal is to “democratize and destigmatize” caring for your mental health. Pierson, co-CEO of Wondermind, is targeting a wide audience. “We are going after everyone with feelings—not just … [Read more...] about New Mental Health Wellness Site Cofounded By Selena Gomez And Backed By Serena Williams’ VC Firm Launches
Sen. Juan Edgardo Angara. INQUIRER.net FILE PHOTO It’s not only bullies in class that students have to watch out for nowadays, but also abusive teachers whose cruelty could drive a child to take his own life. Sen. Sonny Angara has proposed the expansion of the relatively new Anti-Bullying Act to cover school authorities and employees who subject students to degrading acts. “Teachers and other school employees, including the principal, and security, maintenance and administrative personnel, may commit acts of bullying by using humiliating words and giving degrading treatment such as unwarranted corporal punishment against students,” Angara said in his proposed amendment to the anti-bullying law. Harsher penalties should be imposed if the bullying drives the student to attempt to take his own life, he said. According to Angara, a study commissioned by the United Nations Children’s Fund (Unicef), the Council for the Welfare of Children and Plan International found that many … [Read more...] about Angara includes teachers in new anti-bullying law