Linklaters has hired Accenture for client service advice as it pushes for growth.
Consultancy giant Accenture has been looking at the Magic Circle law firm’s technology, templates and processes in order to improve its interactions with its clients, Financial News has learned.
The project includes exploring the use of generative AI in client pitches, according to a person familiar with the situation.
The work with Accenture focuses on the firm’s business services teams in a drive to make them more client-centric, the people said.
READ Paul Weiss hires Simpson Thacher partner to lead Brussels expansion
“Our business teams play an integral role in the outstanding service we offer to clients. We want to ensure that we continue to be equipped to do that in the most effective ways possible,” a spokesperson for Linklaters said in a statement.
The process is being led by Linklaters’ chief growth officer Lucy Murphy, according to people familiar with the situation.
Murphy joined the firm in September last year having previously worked for Magic Circle firms Allen & Overy and Freshfields Bruckhaus Deringer in senior business services roles.
Murphy was given a brief of driving forward the firm’s client strategy when she joined last year.
“Lucy will play a pivotal role in ensuring that we are even more client centric and that everything we do as a firm is to the benefit of our clients,” Linklaters’ managing partner Paul Lewis said in September.
Linklaters has been scrambling to harness generative AI amid a rush in the professional services sector to adopt the new technology.
READ Why law firms are betting big on Saudi Arabia
The firm launched an AI chatbot for its lawyers in March last year which was built using Microsoft’s Azure OpenAI service.
Last month the firm said it was promoting the co-head of its AI steering group Shilpa Bhandarkar to partner, in a sign of its commitment to the new technology.
Linklaters is not the only Magic Circle law firm turning to consultancy firms for advice. Its rival Allen & Overy has tapped KPMG and McKinsey to advise on its merger with US firm Shearman & Sterling which is scheduled to go live in May, Law.com reported.
To contact the author of this story with feedback or news, email Edin Imsirovic
Published: Feb. 23, 2024 at 5:33 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 inched down 0.84% to 4,051.95 Indian rupees Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.02% to 73,142.80.
Tata Consultancy Services Ltd. closed 132.60 rupees short of its 52-week high (4,184.55 rupees), which…
Shares of Tata Consultancy Services Ltd.
532540
inched down 0.84% to 4,051.95 Indian rupees Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index
1
falling 0.02% to 73,142.80.
Tata Consultancy Services Ltd. closed 132.60 rupees short of its 52-week high (4,184.55 rupees), which the company reached on February 9.
The stock underperformed when compared to some of its competitors Friday, as MphasiS Ltd.
MPHASIS
rose 1.08% to 2,727.60 rupees and Wipro Ltd.
WIPRO
rose 0.96% to 536.15 rupees.
Trading volume (171,592) eclipsed its 50-day average volume of 170,295.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Published: Feb. 21, 2024 at 5:33 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 dropped 1.01% to 3,989.30 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.59% to 72,623.09.
Tata Consultancy Services Ltd. closed 195.25 rupees short of its 52-week high (4,184.55 rupees), which…
Shares of Tata Consultancy Services Ltd.
532540
dropped 1.01% to 3,989.30 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P BSE Sensex Index
1
falling 0.59% to 72,623.09.
Tata Consultancy Services Ltd. closed 195.25 rupees short of its 52-week high (4,184.55 rupees), which the company achieved on February 9.
Despite its losses, the stock outperformed some of its competitors Wednesday, as MphasiS Ltd.
MPHASIS
fell 4.00% to 2,654.35 rupees and Wipro Ltd.
WIPRO
fell 1.98% to 521.40 rupees.
Trading volume (24,380) remained 150,722 below its 50-day average volume of 175,102.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Published: Feb. 19, 2024 at 5:33 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 inched down 0.67% to 4,101.60 Indian rupees Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index 1 rising 0.39% to 72,708.16.
Tata Consultancy Services Ltd. closed 82.95 rupees short of its 52-week high (4,184.55 rupees), which…
Shares of Tata Consultancy Services Ltd.
532540
inched down 0.67% to 4,101.60 Indian rupees Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index
1
rising 0.39% to 72,708.16.
Tata Consultancy Services Ltd. closed 82.95 rupees short of its 52-week high (4,184.55 rupees), which the company reached on February 9.
Despite its losses, the stock outperformed some of its competitors Monday, as MphasiS Ltd.
MPHASIS
fell 0.81% to 2,779.35 rupees and Wipro Ltd.
WIPRO
fell 1.30% to 535.95 rupees.
Trading volume (56,840) remained 118,238 below its 50-day average volume of 175,078.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Published: Feb. 14, 2024 at 5:32 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 slid 1.16% to 4,101.00 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index 1 rising 0.37% to 71,822.83.
Tata Consultancy Services Ltd. closed 83.55 rupees below its 52-week high (4,184.55 rupees), which the…
Shares of Tata Consultancy Services Ltd.
532540
slid 1.16% to 4,101.00 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index
1
rising 0.37% to 71,822.83.
Tata Consultancy Services Ltd. closed 83.55 rupees below its 52-week high (4,184.55 rupees), which the company achieved on February 9.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as MphasiS Ltd.
MPHASIS
fell 2.61% to 2,559.85 rupees and Wipro Ltd.
WIPRO
rose 0.57% to 514.50 rupees.
Trading volume (15,191) remained 167,497 below its 50-day average volume of 182,688.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Published: Feb. 5, 2024 at 5:32 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 inched up 0.16% to 3,972.75 Indian rupees Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.49% to 71,731.42.
Tata Consultancy Services Ltd. closed 9.30 rupees below its 52-week high (3,982.05 rupees), which the company…
Shares of Tata Consultancy Services Ltd.
532540
inched up 0.16% to 3,972.75 Indian rupees Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index
1
falling 0.49% to 71,731.42.
Tata Consultancy Services Ltd. closed 9.30 rupees below its 52-week high (3,982.05 rupees), which the company reached on February 2.
The stock outperformed some of its competitors Monday, as MphasiS Ltd.
MPHASIS
fell 2.33% to 2,500.65 rupees and Wipro Ltd.
WIPRO
fell 0.17% to 482.35 rupees.
Trading volume (126,912) remained 57,824 below its 50-day average volume of 184,736.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Published: Jan. 25, 2024 at 5:32 a.m. ET
Tata Consultancy Services Ltd. 532540 shares shed 1.03% to 3,808.20 Indian rupees Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.51% to 70,700.67.
Tata Consultancy Services Ltd. closed 156.80 rupees short of its 52-week high (3,965.00 rupees), which the company…
Tata Consultancy Services Ltd.
532540
shares shed 1.03% to 3,808.20 Indian rupees Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index
1
falling 0.51% to 70,700.67.
Tata Consultancy Services Ltd. closed 156.80 rupees short of its 52-week high (3,965.00 rupees), which the company reached on January 15.
Despite its losses, the stock outperformed some of its competitors Thursday, as MphasiS Ltd.
MPHASIS
fell 1.69% to 2,522.40 rupees and Wipro Ltd.
WIPRO
fell 1.68% to 470.00 rupees.
Trading volume (1.1 M) eclipsed its 50-day average volume of 146,322.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Published: Jan. 24, 2024 at 5:32 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 inched down 0.36% to 3,848.00 Indian rupees Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index 1 rising 0.98% to 71,060.31.
Tata Consultancy Services Ltd. closed 117.00 rupees below its 52-week high (3,965.00 rupees), which…
Shares of Tata Consultancy Services Ltd.
532540
inched down 0.36% to 3,848.00 Indian rupees Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index
1
rising 0.98% to 71,060.31.
Tata Consultancy Services Ltd. closed 117.00 rupees below its 52-week high (3,965.00 rupees), which the company achieved on January 15.
The stock underperformed when compared to some of its competitors Wednesday, as MphasiS Ltd.
MPHASIS
rose 1.28% to 2,565.75 rupees and Wipro Ltd.
WIPRO
rose 1.73% to 478.05 rupees.
Trading volume (408,405) eclipsed its 50-day average volume of 143,225.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.