News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Professional Services

‘So much burnout, so many divorces, so much alcohol abuse’ — the deals boutique trying to end long-hours culture

Ex-KPMG partners have killed timesheets, ended billable hours targets, and scrapped performance-based bonuses

Ina Kjaer and Maggie Brereton say they have seen the effects of working long hours take their toll on colleagues and peers during their time working in mergers and acquisitions
Ina Kjaer and Maggie Brereton say they have seen the effects of working long hours take their toll on colleagues and peers during their time working in mergers and acquisitions

Lockdown has catapulted the issue of long hours in the City to the top of the agenda, with tales of burnout and breakdowns emerging from across the banking, legal and consultancy sectors.

Former KPMG partners Maggie Brereton and Ina Kjær were already convinced that there was a better way of working when they quit KPMG in protest at the firm’s handling of a bullying scandal to launch Eos Deal Advisory in October 2019.

WSJ Logo