June 19, 2018

PwC US Admits 226 New Partners and Principals

For the last several years, we've enjoyed announcing the new PwC partners in these pages. We've always managed to spoil the surprise but this year, it seems that the firm has beat us to the punch, rolling out the 2016 class on their website along with headshots, market, home office and line of service. We don't mind that they shared the news first, frankly, they should've been doing it this way all along. In fact, they threw up last year's class for good measure.

I don't know of any other firms (Big 4 or otherwise) that announce their partners in this fashion, so until they do, drop us your firm's list when they're announced internally.

In any case, there are 226 partners in this year's class. The size of each class has grown every year except one since Going Concern started covering partner promotions. There were 201 partners in the 2015 class, 180 in 2014, 157 in 2013, 165 in 2012, 136 in 2011, and 83 in 2010.

Here are some numbers:

  • The New York office had the most new partners with 47, followed by Chicago with 20 and Boston with 18. Dallas and Atlanta round out the top 5 with 15 and 14 respectively.
  • The line of service breakdown is: Assurance: 86; Tax: 71; Advisory: 68; Internal Firm Services: 1.
  • 44% of this year's class are women and minorities.

Congratulations to all the new PwC partners and principals. Now the real fun begins, right?

Related articles

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.
“Chairman of PwC [in the UK] Ian Powell said the recognition was ‘testament to the strength and reach of our clients, the talents of our people, and the contribution that we make to the wider community.'”
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!

PwC most recognised professional services brand
[Accountancy Age]