November 13, 2018

PwC Admits 233 New Partners and Principals in the U.S.

pwc colonial award

A tipster (Caleb) let me know that PwC released its list of new 2018 partners and principals across the United States and Mexico on June 1.

This year’s crop totals 233, which surpasses the 212 who joined the ranks of partner or principal in 2017. In comparison, there were 226 in the 2016 class, 201 in 2015, 180 in 2014, 157 in 2013, 165 in 2012, 136 in 2011, and 83 in 2010.

I’m not going to type 233 names, so if you want to see this year’s roster, including each new partner or principal’s line of service, market, home office, sector/focus area, and smiling face, click here.

Here’s a few stats on the 2018 class:

  • Partners defeated principals 122-111.
  • Forty-six of the new partners and principals come from the New York office, followed by 30 in Chicago, 15 in both San Jose, Calif. and Boston, and 14 in Atlanta.
  • Seventy-two of the 233 new partners and principals (31%) are women, the same percentage as last year.
  • Assurance had 84 new partners and principals, the most of any line of service. This was followed by 80 in tax, 68 in advisory, and one in internal firm services.

Give yourselves a big pat on the back.

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In Case You Need Another Reason to Hate the French

french flag.jpgWalking around the PwC office in Midtown Manhattan, our blogospondent in the field happened across a couple of young ladies having the picture taken in front of the P Dubya sign out front, proudly posing as if it was their names on the building at 300 Madison.
Said blogospondent approached the young ladies and asked if they worked at the P Dub and they responded in heavily French accents, “yes”. As result of further prying, it was revealed that the ladies do work a lot during “busy times”, sometimes between 50 and 60 hours a week!
This compared to an American tax associate who we spoke to just a couple days before who, in the last fifteen days, had worked 185 hours.
Let’s recap: America – 185 hours in 15 days in the middle of June vs. France – 50-60 hours in one week during the “busy time”.
American vitriol towards the French may now ensue.

PwC Needs a Lesson or Two in Spin

240px-PricewaterhouseCoopers.svg.pngIn, lets talk about anything but Satyam, PwC news, the largest Big 4 firm was rated highest among professional service providers on brand recognition in the Brand Finance Top 50 ranking of Best Brands of British Origin.
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We won’t take anything away from PwC but sometimes bad news is the best news for brand recognition. So this whole Satyam thing is probably not getting the credit it deserves. Come on P. Dubs! Lemons into lemonade!

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[Accountancy Age]