PwC has been fined £15 million by the the Financial Conduct Authority (FCA) for failing to report suspicions of fraud at now-defunct London Capital & Finance (LCF).
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UK law firms' fees and profits are exceeding expectations this year, a report from PwC shows. Its 30th Law Firms’ Survey showed that just under three-quarters of firms reported an increase in fee income with 76 per cent seeing profit increases. The findings are consonant with the figures from
By Leon Hutchinson, senior manager at PwC Every year, PwC’s Law Firms’ Survey provides a fascinating snapshot of the current state of the UK legal sector. In this year’s study the picture appears fairly bright, with over 90 per cent of firms reporting growth in fee i