New York judge dismisses six-year old legal action accusing consulting firm of conflicts of interest in bankruptcy cases
Court case to test the issue as move to more corporate structure raises another question: should the firm go public?
Disruption is coming to bite the industry that made a cult of it
Consider its scale, scope and speed
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemic
McKinsey’s mid-year reviews are the latest attempt to increase ‘attrition’
Secondment marks first move by telecoms group’s new CEO Allison Kirkby in her turnaround push
As clients get better at figuring out their own strategies, consultancies must get into the nitty gritty to add value
New entrants including tech-focused traders and hedge funds helped drive unexpected increase in earnings
US lawmakers are unhappy with McKinsey for leading a think-tank that advised China on tech
Also in today’s newsletter, Shein considers London listing and China’s Shenzhen rolls out plan to boost car exports
Consultancy says marketing claims were ‘inaccurate’ and it has never worked for Beijing
Senators say think-tank led by consultancy undermined national security by advising China’s government
Urban China Initiative counselled Beijing on cutting-edge technologies in preparation of Five-Year Plan
Senators assail consultants for helping Riyadh use ‘soft power’ to build influence in the US
Managing partner’s narrow win exposes doubts about his tenure as consultancy has grown
Consulting firm’s triennial election process exposed divisions over management style
Senator says consultancies have not complied with subpoena seeking details of their work for the kingdom
Consulting firm’s global managing partner fails to clinch a second term in second round of voting
Plus, McKinsey’s C-suite intrigue and a new borrowing binge in private markets
Internal backlash to consulting firm’s restructuring and slower growth make for tougher-than-expected leadership contest
Consultant remains frozen out of some federal agency work over its role in opioids scandal
Policies come as Beijing increases control over international financial hub
McKinsey and BCG among those holding pay at last year’s levels as growth slows
A smarter and leaner public sector is essential amid tight budgets and rising demands
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